On a couple of recent occasions I believe both Sirs Farmer & Rob Walnut have separately floated the idea of gold and the dollar going up at the same time. I didn’t feel strongly one way or the other because I have posted and commented that there are times where that happens and times where they go contra to one another.  Today’s trading action got me to thinking. Given that for most of last year, until the dollar topped out in October, gold was substantially higher in all currencies EXCEPT the dollar. So, if the rest of the world wants to buy gold doesn’t it make sense to buy gold in terms of the dollar instead of your own currency? Buy dollars to turn around and purchase your gold. Don’t know how much difference it would make, but for central banks and other big money players even a slight difference could mean acquiring gold at a better rate and end up with that much more gold. Could this be part of the reason, that at this point in the economic and market cycles, gold and the dollar can rise together even if the major trend has now turned so that even against the dollar, gold is now rising as it has against all other currencies?