Rising interest rates have not been a positive for the USD for many months now. Gold was dumped when greenspan originally announced that rates would rise since then it has been trending up. Only when the US has positive real interest rates will the rise of gold be stopped, with the average chinese worker getting paid 3% of that of a US worker the prospects of positive real interest rates seem a long way away. Only when it is no longer cheaper for the US to outsource production overseas will the US economy see real growth and the USD stop it's slide until then governments will rely on theft by stealth.
