Gold is the old foundation of the euro zone, and the euro zone sells gold at a high level to get cash and save its finances.

The stock market fell and the bond market rose.

The European debt crisis made gold at a historical high. The Swiss franc is now pegged to the euro, the euro zone is still mired, the Australian dollar and the Canadian dollar are now plummeting, and commodities and crude oil are falling, so the US dollar index is growing well.

If the dollar returns (the Fed raises interest rates), foreign exchange will be short, the stock market will also fall, and selling gold to maintain the exchange rate will plummet. The Fed will buy gold at a low level and acquire excellent foreign assets.

Look at Argentina, Mexico, Four Little Dragons in Southeast Asia and Japan.