‘Gold Only Rises During the Bad Times' and other Fairy Tales

``The misconception is so common, I even hear it from smart analysts saying things like this: ‘I'd love to see gold at $2000, but I'd hate to live in a world that creates such a high price.' So I ask them if a five-fold rise in the gold price since 2002 has translated into a world that's five times worse (discounting the rise over that period of reality TV, drivers who text, and of course Justin Bieber).''