Thanks, that’s what I was thinking would happen. Gold’s relatively small bump in dollar value reflects a temporary confidence in the $USD relative to the Euro.
It may not be temporary. I see lots of stuff these days about the Euro reaching parity with the USD. Germany made all kinds of very bad (mostly real estate) loans to East European nations and Germany is the economic engine of the EU. Thus the entire EU may have been more degenerate than the USA during the bubble years
I can easily see a rising USD and rising gold at the same time