"The US seems to be the only country right now that doesn't mind having a strong currency," says John Derrick, Director of Research here at US Global Investors.
"Gold is money. And whenever there's negative real interest rates, gold in those currencies start to rise. Whenever interest rates are positive, and the government will pay you more than inflation, then gold falls in that country's currency. Last year, only the US Dollar had positive real rates of return. All the other countries had negative real rates of return, so gold performed exceptionally well."
"[European] banks, in particular, are likely to outperform, as they will be the direct beneficiaries of rising credit demand, falling default rates and the ECB's efforts to reflate asset prices."
"For the first time since Ulysses S. Grant was president, America is not the leading economic power on the planet."