We have seen strength in gold and the dollar at the same time.

Part of the reason is that many hedge funds borrowed in dollars and yen, and then invested that inexpensive money all over the world. Now, in this period of de-leveraging, these funds have been selling those investments and buying dollars or yen to pay back their loans. This makes the dollar strong and the yen strong versus other currencies. There will be a point when this de-leveraging stops, and I believe that would be a big, significant factor to the dollar declining and the price of gold holding at price levels or even rising to $1,200 or $1,300 an ounce.