Why Has the Gold Price Rallied So Much Lately?

As of the end of August, the price of gold had surged 30% so far in 2019. What the heck is going on? This episode of Breaking the Dollar ties together several of the most important factors that have been driving the gold price higher this year: fear and uncertainty over the trade war; a slowdown of the global economy; extreme measures taken by central banks; "mean regression" after several years of falling or stagnant gold prices; and a general rush toward safe haven assets by investors.