Falling social mood, trust in currency, gold

Robert Prechter predicts major deflation during the slide towards the bottom in social mood. All asset prices will collapse and the inverse, the U.S. dollar, will rise in relative value. I expect gold prices would decline as predicted by Prechter, but I also expect the metal could outperform other assets. One reason I'm willing to take losses in gold, however, is due to the risk of currency failure. The decline in social mood means a decline in trust, a decline in the public's trust of government, the central bank, and other institutions. Below is a link to an interview with Paul Brodsky, an investment manager forecasting a 5-digit gold price. The parts to pay attention to are where Brodsky discusses his reasoning. Although he doesn't explicitly say it, he's talking about social mood. King World News interview with Paul Brodsky