To all the gold bugs out there

its a destruction of all fiat currencies trade, a store of value. Every CB is printing at same time to same crisis. Its not so much a dollar hedge play right now, although it prob will be down the road as the trade matures. Its a lack of faith in paper money across the globe in response to this crisis as paper is printed to try to expand money supply to fight deflation. You can print money, you cant print gold.

There is a reason why precious metals disconnected from other commodity plays, and from dollar trade (dollar strengthens in relation to other fiat curencies, gold still rose). The fact that it does not have the industrial use as copper or like, in a global deflationary environment, proves something else is 'at play' here for gold. Uncertainty perhaps? Fear of unknown? fear of fiat?