The fix is in: Gold no upper limit

The market action after the ECB rate decision reinforces the trend of gold rising in the wake of negative real interest rates. The central bankers are in a box, helpless in the face of weak demand. They are in an all out currency war, complete with unlimited printing and stealing demand from countries with stronger currencies (the US) . Any ending will be favorable for gold. The end will be instability, loss of confidence in the system and rising demand for gold as fiat currencies lose all legitimacy.