Daniel lays out 2 different short-term scenarios that might play out here in Nov-Dec 2009:

Scenario 1:

Dollar, gold and stock market are at a fork in the road.
Dollar could rally, but has nothing fundamental going for it.
Bullish optimism in stock market, but reality could hit as soon as Thanksgiving.
markets will tank as people exit equities.

US government will now be selling more treasury debt than any other point in time: great time for gold.
Gold might dip, but never below 1000 and then rally again to around 1,300 in near term.

Other outside influences are also China and Russia shoring up gold reserves and working on pulling out of USD.

Scenario 2:

HR1207 passes (The Audit the Fed bill introduced by Ron Paul).  If that were to pass, the stock market collapses to 4,000 points.
People run from stocks and into what they think is a safe haven..treasuries.  If that were to happen, then the dollar gains.
Gold conversly might pull back to $900 (because the dollar would gain value in this scenario), but in ANY scenario it won't go below $900.
After the initial panic, gold would go back up and would be valued in SDR's (special drawing rights) at anywhere from 2500 to 6300 sdr's.
What would that be in US dollars? who knows? dollar will be done. Worthless.

In any case, short term predictions are hard to make.

There are just far too many variables out there that, while no one will talk about them, they are huge impact on what will play out.

Come 2010, even the Main Stream Media (MSM) will be referring to this as a depression.

Vicky's response and update with other foreign governments dropping USD: