GOLD PRICE, INFLATION, DOLLAR COLLAPSE
Expectations for gold to move higher in price are often tied to worsening inflation and a possible collapse in the U.S. dollar.
That sounds logical and there is historical precedent to support such expectations; but, some clarification is necessary first.
DEFINITION OF INFLATION
Inflation is the debasement of money by governments and central banks. The inflation is intentional and all governments inflate and destroy their own currencies.