Myth= gold is a safe haven for currency debasement
Gold is a safehaven full stop
All currency was debased from 1980-2000 what happened?
Nothing
gold is a safe haven against risk, if a World War started it would go through the roof
Gold is a safehaven against economic collapse
Economic collapse is about to visit us
Gold can go no where in either inflation or deflation
The theory that it reacts only to currency debasement is nonsense.
The USD was debased from 1920-1933 under the gold standard
Under a gold standard the price of gold is set by the central banks. There has never been a situation in world history where both a floating currency value and a floating gold value
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