gold, page-23913

I suppose investors are drawn to the stronger US economy relative to Europe/Japan. Savers are drawn to the higher rates on offer in the US. The US dollar appreciates and gold gets cheaper in that currency. Another way to look at it is that the opportunity cost of holding Gold moves up.

I hope, for the sake of my gold holdings that we start to see US inflation up and up. The Trump policies look to be coming right at the perfect moment for that to happen. Maybe a 1970s scenario is the only hope for Gold now. Still too early to say, I'm just going to take it day by day and see how it pans out.

As you say, we have historic levels of debt + inflation rising + don't forget, very sluggish GDP and productivity growth. Looks like a good setup for Gold, but will the market reflect that?