Is gold becoming tarnished?

For years now, investors have taken for granted the ability of gold to preserve wealth. In doing so, they have relied heavily on certain correlations: the correlation between gold and inflation; between gold and the dollar; between gold and debt-deflation. All things considered, gold has become a bit of an all-round investment hero, but the pending bout of quantitative easing is forcing many to re-evaluate its place; its true worth in a portfolio. Indeed, there is a growing consensus that gold no longer offers the (relative) safety it once did. There are many reasons why gold remains ...