Will Higher Interest Rates Derail Gold?

I've always posited gold performs well during inflation--but even better during deflation.  And while negative real (inflation-adjusted) interest rates are bullish for gold, so are rising nominal interest rates.  The key component of a bull market in precious metals is a loss of confidence in the paper currency. 

http://expectedreturnsblog.com/will-higher-interest-rates-derail-gold/