Still, we have to keep our eye on the big picture here. The long-term trajectory of the US dollar and its purchasing power, as measured against a constant store of value (such as gold), is down. Conversely, the longer-term trajectory of the dollar price of gold is up.
Food for thought.
Related articles and posts:
1. Bloomberg: weak dollar, inflation "illusory" - Finance Trends.
2. Dollar's purchasing power annihilated - Zero Hedge at Seeking Alpha.
