Dollar versus gold's a myth with buy-in. Wait till they figure out the increase in money supply from Treasury borrowed assets means the Fed will increase dollars by a 1/3, deflating that currency against gold.
It's like submerging a balloon under water, but gold is thought to be the side show.
Four silver 1964 dimes still buys one gallon of gas 27 years later, and still buys $3.50 instead of four silver dimes.
Give it time, this is another parabolic gold pop in the making.