Gold, Austerity and Deflation

I hate to gold associated with deflation in this manner. Gold is looking at deflation? No way, gold's whacking was nothing more than a paper operation that capitalized on a thin market looking for an excuse that could be parroted on F-TV. To link the gold's decline with deflation implies that the U.S. dollar provides a stable reference point despite unofficial neglect and constant devaluation since 1971 ... READ MORE