hi doma,
well that is a quite different question.
but as you know, treasury bonds are at historically low levels, indicating that the markets attribute tremendous value to US government guarantees.
whereas those who predicted hyperinflation have been reduced to trying to extend their runway to - for all intents and purposes - forever.
so we already have the answer to that argument. the hyperinflation theory was hyperinflated. and popped.
the issue is deflation, not devaluation.
as to various metals and commodities and suchlike, their values will vary over days and decades as they always do. sure gold values are high for much the same reasons that treasuries are right now. my guess is that gold values and bond prices will both reduce as a recovery emerges. but the gold bubble will burst.
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