us$934, page-36

Yeh I can't see the Gold price collapsing when there are essentially 2 possible outcomes from all the huge govt stimulus :

(1) it does not work and the recession persists - govt deficit balloon - investor fear financial Collapse - and Buy GOLD

(2) It works and all the trillions pumped in & drive up inflation - investor BUY GOLD as a hedge against inflation

Besides, $US dollar needs to come down.
The US was uncompetitive when the $US was much lower
The flight to the safe haven of $US only adds to the instability in world finance - the slide in $US can happen gradually (& we're talking a major slide) or it can happen abruptly after the US becomes so indebted to the rest of the world it requires larger and larger inflows of foreign money just to finance the debt - eventually the required inflows simply become impossible to maintain (or before that the creditors see the writing on the wall realise they ain't gonna get their money back stop the inflows then disaster)

I hope the world manages a gradual slide in the $US