You may remember that this is what I have been saying for over a year now was the reason I am so bullish on gold. EVERY time in history (that I can find) that currencies are devalued/debased, gold priced in those currencies rises.
Now we have virtually every major and second string currency being competitively devalued. I still believe we are in the second stage of what will probably turn out to be the largest ever bull market in gold.