"I think that the real story isn't rising price of gold (or AUD...

"I think that the real story isn't rising price of gold (or AUD and AUD bonds). It is the falling price of the USDs".


Yes, it is said currencies are losing value rather than gold rising. Money printing and inflation is eroding the buying power of currencies.


So, Russia and China are getting rid of paper to buy real assests including pms, as a way to maintain their wealth.