Gold is the ultimate currency with no debt attached to it. In the public's eye, when gold sells off it is, suppose to mean, that the other currencies laden with debt aren't looking all that bad and it's presumed safer to buy government debt. This is the message being sent out lately by western central bankers who are forcing gold lower so as to encourage more bank deposits, along with stimulating Treasury purchases to take some heat off the Fed who have had to suck up all the unwanted new issues. When foreigners go into Treasuries they have to purchase dollars to buy them, thus resulting in demand for the dollar. When gold noticably advances money is taken out of the banks and government debt and down goes the dollar.

For past months holders of the shares have been caught in the cross-fire of this epic battle between folks who prefer to dress up a pile of horse pucky with whipped creams and cherries and call it an ice-cream dessert as opposed to calling it the way it is, WAY TOO MUCH DEBT and yep, it's me and I'm responsible. Career politicians, don't ya just lov'em.

Some don't bother with the dollar quote, they just go to kitco.com for the last.