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If you REALLY want to see where gold has been/might be headed, in dollars, pounds and euros.
Second chart is the end of the first with a wider time scale.
R.
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Price of Gold in 3 Currencies Since 1971
If you REALLY want to see where gold has been/might be headed, in dollars, pounds and euros.
Second chart is the end of the first with a wider time scale.
R.
"Walk the gold trails of my good friend, do I. On my feet are "strong sole" of thick leather, purchased with much knowledge of physical gold. These shoes not go bare before our journey is done. On trail I see your "thin sole" gold investments cast aside and scavenged by beasts." - ANOTHER (THOUGHTS!) (04/14/01; 18:08:54MT - #: 51887)
Personal best on calm water: SAE - 32 skips. GAE - 21 skips.
Oldmansmith (07-17-2012)
Re: Price of Gold in 3 Currencies Since 1971
Being color blind, those charts are impossible to read
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. - Henry Ford
When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson
Re: Price of Gold in 3 Currencies Since 1971
First chart:Originally Posted by odie
Being color blind, those charts are impossible to read
upper-most line is GBP
middle is USD
and the last one that starts in the 90's is EUR
Second chart:
USD and GBP are pretty much lock-step after late 2008, before that USD is the top line and GBP is the middle.
Lowest line is EUR
Ragnarok (07-17-2012)
Re: Price of Gold in 3 Currencies Since 1971
It may or may not mean much, but I notice that the Euro has fallen in value more slowly over the timeframe... probably because they mark their gold reserves to market every quarter (I still don't trust it any more though!).
R.
"Walk the gold trails of my good friend, do I. On my feet are "strong sole" of thick leather, purchased with much knowledge of physical gold. These shoes not go bare before our journey is done. On trail I see your "thin sole" gold investments cast aside and scavenged by beasts." - ANOTHER (THOUGHTS!) (04/14/01; 18:08:54MT - #: 51887)
Personal best on calm water: SAE - 32 skips. GAE - 21 skips.
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