Energy Looks like Europe is going to be buying an aweful lot of energy from foreign markets this fall and winter. Considering this energy is priced in USD and they'll be buying in Euros, wouldn't it make sense to increase the value of the Euro relative to the USD? Major rate hikes in Europe are coming and I bet any hike in the US will be offset by hikes in other currencies. Welcome to currency/energy wars folks. This could be the set up we need to get gold sailing on its way.