CJR...here are some related links fwiw. I wonder how the gold\dollar\oil correlation compares now to the 70's given "peak oil", Chindia as a new powerhouse of economic growth (the old 'de-coupling' question), the increased interventionist meddling of the FED, massive debt of the U.S. economy, shifting of control of oil supplies from the Exxons to the Venezuelas of the world, etc., etc.
http://www.financialsense.com/fsu/editorials/tanashian/2008/0104.html
http://www.financialsense.com/fsu/editorials/laird/2008/0110.html
http://www.financialsense.com/fsu/editorials/deepcaster/2007/1005.html