==Against what currency and over what time frame?
Against our major trading partners, and in a shorter time that it took to go from 120 to 80.
==Has the government not been able to sell any of it's debt instruments because of this fear of being left holding the bag?
This is nothing new, Mase. We have been warned, and will continue to be warned until the rest of the world decides to take action to protect themselves from our deficits (or until we take action to lower our deficits). When the US begins to take serious steps to address the triple deficits (not to mention the national debt) that is when I will exit gold...and not a moment sooner.
http://www.boston.com/business/globe/articles/2005/02/05/world_banks_warn_us_on_deficits/
You have any context, charts or facts to flesh out your panic? Or are we supposed to just translate your gibberish from your native goldbug?
The World Bank is warning us? ROFL!
We had trade and budget deficits throughout the 80's and 90's and your precious metal sucked wind.
Look at that. The Treasury is having so much trouble unloading our debt instruments that the yield has moved from 5.1% to 4.72% over the past six months. Yeah, they're really running from the dollar. LOL!
Bookmark. (Gold has done very well for this family. We've bought it, mined it ourselves, and are keeping a watchful eye on it.)
To those gold "duds" out there who may want to argue with me, don't bother. You have your opinions, we have ours. Personally, our opinion has been a good thing for us. :)