The basis of a vibrant and dynamic society is an open and free marketplace where people ‘vote’ with their decisions on where to spend money, where to live, what to read, who to vote for, etc. In the United States, a good example of what occurs when decisions are centralized is healthcare and education- the key decisions are made outside the mainstream of the marketplace and the country ranks far below the rest of the developed world, even behind countries with considerably less economic wealth. As central planning and regulations remove potential players and solidify the positions of special interests, the quality of education and healthcare has plummeted.
So what does this have to do with the price of gold? Everything.