RE:RE:RE:Gold to $1700Inflation has eaten up the excessive supply of money,
That money still exists, but less people have it, which means it was
I pretty much agree with your dollar analysis. However if crude were to drop to $50-$60 a barrel in North America that would have an enormous affect on all motorist and industry as it would create greater purchasing power. (and global liquidity)
As for the price of gold, it makes sense that too much inflation is forcing many to sell their gold, which is in this case has prevented the price to reach $3000 in CA or $2300 in the US.
I think the price of crude is a major reason we are in a liquidity crunch. Crude affects everything from shipping, production, vendors and consumers at the pump and in the market place. We are being squeezed out.