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<p>[QUOTE=&quot;Cloudsweeper99, post: 804665, member: 3011&quot;]The idea that gold [and silver] were somehow a constant value and that it was really the dollar that was flucuating seems to be an idea first proposed by the internet gold gurus, and subsequently treated as gospel with nobody ever providing any solid evidence.&nbsp; But gold and silver have their own supply/demand functions that would fluctuate regardless of the soundness of the currency they are measued in.&nbsp; If you add in the fact that most gold trading is done in the futures and leasing markets with leverage, and not the physical market for cash, it is virtually impossible that the metals would have a fixed value to the dollar.&nbsp; So it is really a combination of factors that goes beyond the change in value of the dollar vs other currencies that are also changing in value.&nbsp; Maybe the dollar didn&#039;t go up.&nbsp; Maybe the Euro went down.&nbsp; Maybe a large gold trader lost his line of credit.&nbsp; Maybe a bunch of technical funds trained in the same technique used the same chart to make the same decision on the same day.&nbsp; Maybe some institutions are selling to meet redemption requests.&nbsp; It&#039;s a hall of mirrors, and there is no way to really measure it.[/QUOTE]</p><p><br /></p>

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