CacheDirectory = "/Users/douglasholley/Library/Caches/Safari"
Aha! We've found it!
Quit Safari, and enter the Terminal command
defaults delete com.apple.Safari CacheDirectoryWhen you start up Safari again, your problem should be gone.
Added note: the two references to /Users/douglasholley/Movies are Safari remembering that the last time you saved a file that's where you saved it. That's just so next time you save a file Safari can suggest saving it in the same place. But it will be just a suggestion, and Safari won't mind that the folder is no longer there.