>>21171388The dollar is king in a recession, but gold dumps the least and recovers the fastest, after the fact. If gold keeps going up you can expect another inflationary wave, and once the inflationary wave starts going up gold will start going down because it has already priced the inflation in and now it's pricing in the response to the inflation which is "rate hikes", and everyone proceeds to shit on gold and point out that It isn't an inflation hedge because It's going down while inflation is high. That is the current gold market for you.
