The measuring stick is broken.  Stop using it.    Up, Down, Bubble, Bust.   Its just broke.

We Americans are on an escalator (dollar) going down, the floors are not moving up! (gold) 

The important things to watch are if the escalator stops and starts to reverse.  Mr Bernanke is the operator.  Do not worry that the floors are floating away and will crash back down.

There are actually several escalators going every which way, and which one you stand on will determine your perspective.

Housing is on the steepest escalator down.

Oil is also on a DOWNWARD escalator, just not going down as steep.

In between the Housing escalator and the Oil escalator is the Dollar escalator which is going down slower than housing, but much faster than oil

Silver might just be on a rising escalator- but it had to start in the basement and will eventually reach gold at the main floor.

Wages and salaries are unfortunately stuck with the dollar on his escalator.

Now try juggling turmoil in the middle east, drought last summer in russia, and a ever changing U.S. crop projection  and keep a close eye on the balls.  now whats going up and going down? 

It all depends on your perspective and which escalator you are measuring from.