Change In Value Of Money Drives Up Price of Gold
"After the US weaponized its currency to freeze Russia’s assets, the amount of US government debt that needs to be financed is larger than the world is willing to absorb. The Federal Reserve will bail out the government by buying up bonds of all maturities, effectively capping yields across the curve. Inflation will stay elevated, above the entire yield curve, which lowers the value of money. In this environment investors and foreign central banks will flee to gold," Jan Nieuwehnuijs, Gainsville Coins, 9 January 2023.
https://www.gainesvillecoins.com/blog/zoltan-pozsar-four-prices-of-money-coming-gold-bull-market