I put up a post recently pointing out that the dollar is likely to strengthen strongly just prior to collapse. Translated into gold-bug terms, that means that the ‘price of Gold’ will tumble.
That should not be translated as meaning that it is smart to hang on to your dollars until that point when you can sell you them for a larger amount of Gold.
Who knows how much the drop in the ‘price of Gold’ will be and, more importantly, from where?
Who knows whether the theory is correct?
If Gold’s dollar price does suddenly drop, say from $2,500 an ounce to $1,800 an ounce, there would be very little pleasure attached to the memory of having spurned Gold at $1200 an ounce.
If you have spare dollars, sell them for Gold (or silver).