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<p>[QUOTE=&quot;desertgem, post: 1552190, member: 15199&quot;]All other factors unchanged ( no civil wars, nuclear holocausts, etc) ~Yes, as gold is denominated on the USD. But only for those who currency is the USD. For foreigners the price would reflect the cost of their currency exchanged for the USD. So with a stronger dollar, the price per ounce in US would tend to go down, but it might increase in Japan, as the yen might be weaker, and more needed to convert to the price of cold in USD. Same for other currencies, Same for other commodities marked on USD. Remember, this is a general rule, exceptions happen all of the time for a while due to external world events. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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