Another way to interpret all of this Currency/Commodities stuff is to think in terms of what is happening world wide. The US Dollar is only doing as is is expected to do given the Federal Fiscal Policy over the past 7 years. The Commercial lending industry is getting their just rewards. The average person on the street is being jerked around as is always the case. The now Developing Countries are not going to stop building infrastructure just because someone else neglected to look for mineral resources over the past 15-30 years. Most of all, the Mining Industry is now adjusting to increased costs over the past 2-4 years and now that there is interest in this industry once again costs relative to the past 2-4 years will start to moderate. However, the demand for raw materials, Metals included at the top of the list, next to qualified personell will remain strong if not very strong for the forseeable future. The result is/will be a continuation/resumption of a strong Commodities Market.
With this many hard hit (actually purposely scared) investors will continue to look for the safe haven and many at first and most eventually will see the Commodities (metals at or mear the top) as their safe harbour if not theis saviour.
We have a historical metals BULL Market steering (pun included) us in the face. Presous metals will join in but will NOT be the leader! As Gold as a storage of value is FAIT (FAITH) just as much as Paper or Electrons. As a medium of exchange Gold is more convienient than Cattle!
Old Joe
PS: Gold as a hedge in uncertain times is worthwhile.