Indian people have a history comparable to that of the Chinese and they are also buying gold.
So, that gives us half the people in the world preparing for imminent economic disaster, and the richest people in the world preparing to bug out to "Europe" and "America" ~ 'cause that's where their gold is!
It's hard to figure out what's happening to the "dollar" in all that because this is what's happening to the "over seas dollar".
Maybe a reference to Portuguese, Belgian and Spanish economic history in the 1600 - 1800 period might be in order.
The Spanish Milled Dollar continues to have strong value in the open market.
The Pillar Dollar. The Cobs. They still have worth. Pieces of eight. Doubloons!