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<p>[QUOTE=&quot;fools_gold, post: 874627, member: 20669&quot;]Ok, I was going to go there as well as a guestimate but here&#039;s my fundamental question...</p><p><br /></p><p>So how do those other countries who deal in a different currency have any effect on the price of gold from our POV through the USD?</p><p><br /></p><p>They would either be trying to get rid of the Euro and hoarding USD as a safety net or any other currency for that matter. And if they did hoard USD, wouldn&#039;t that improve its value making it stronger and thus gold price would go down?</p><p><br /></p><p>This is what I am confused about....[/QUOTE]</p><p><br /></p>

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