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<p>[QUOTE=&quot;doug444, post: 1615730, member: 38849&quot;]JJK78 - that is not exactly right.&nbsp; The price change of PMs contains at least three factors:&nbsp; influences of recent economic events and decisions, inflationary expectations, and consumer demand.&nbsp; It is not based solely on the declining dollar.&nbsp; </p><p><br /></p><p>This is easily proven by looking at a chart of a dozen major currencies showing the price of gold or silver for 10 or 20 years and noticing the wide fluctuations in the shape of the graphs.&nbsp;&nbsp; If your theory were true, the graphs would all be the same shape; not congruent, but the same shape.</p><p><br /></p><p>The primary PM website <a href="http://www.kitco.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kitco.com" rel="nofollow">www.kitco.com</a> recognizes this, and every day posts a short analysis after the close:&nbsp; [commentary of 14 Jan 2013]</p><p><br /></p><p><b>&quot;<span style="color: #FF0000">Did gold really go up 0.20?</span></b>&nbsp; No. It actually went down -0.50 in real terms, but US Dollar weakness makes it appear to have gone the other way.</p><p><br /></p><p>&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Gold price Change due to Weakening of USD&nbsp; <b><span style="color: #ff0000">+0.70</span></b></p><p><br /></p><p>&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Gold price Change due to Predominant Sellers&nbsp; <b><span style="color: #0000ff">-0.50</span></b></p><p><br /></p><p>&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Gold Price: Total Change&nbsp; <span style="color: #00ff00"><b>+0.20</b></span><b>&quot;</b>[/QUOTE]</p><p><br /></p>

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