Just guessing. But printing greenbacks 24/7 may have a little something to do with the price of gold. Our currency is just green paper backed by the 'full faith and
credit' of the government. Which means people like you and me. China and the Arabs are buying U.S. treasury notes like they are on sale today. The inflated price of residential real estate, known as the
"housing bubble" may have something to do with gold prices. Oil has gone up in price steadily during the past year. Oil may hit $ 70 per barrel early in 2006. Energy prices may have something to do with gold prices. China, Europe and Arab countries buying Au like crazy may have something to do with Au prices. If the USD looses its appeal perhaps the Arabs and China will shift to the Euro. Watch the news very carefully.