Forgive my ignorance, but is the POG in USD really something we should be excited about? Isn't this being larger inflated due to the weakness of the dollar recently? I'd like to take comfort in the fact the gold I have stashed under my mattress has risen in value 20% over the last 6 months, but unfortunately I live in Europe, and against the Euro I'm only up 4% (and quite far off the high last year, by the way).

I'll bet the folks in Germany during the Weimar republic weren't going giddy over the fact their loaves of bread were worth half a million marks.

Now I read this, it seems like a criticism, but it isn't. I really have trouble getting my head around the 'idea' of gold (as just another asset, as currrecy, etc.). Anyone care to enlighten me?