Gold, page-3353

In my simplistic view of the world, gold rose during 2009-2011 on the back of QE supposedly causing large inflation. That inflation did not occur, hence gold has been falling since. The conditions out there are also bordering on deflation to some extent.

I think there are a lot of things which are relevant to the price of gold, but some things move the price of gold more than others. The health of the US economy is relevant to the price of gold because it affects the income tax take, which inturn affects the amount of deficit/debt the US has.