OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

US Dollar And Gold Both On Five Year Highs, Think About That.

Posted by Mr.Copper @ 15:00 on April 18, 2022  

Does it mean Gold prices adjusted for the high dollar mean Gold is very under priced arounf $2,000/oz?

Dollar: https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1

Gold: https://finviz.com/futures_charts.ashx?t=METALS&p=m1

So we should be happy, on a one year chart Americans only have to pay 11% more to buy an ounce, but the Japanese have to pay 29% more for an ounce of gold. Europeans 23% more. So we are the luckiest one.

https://www.kitco.com/gold_currency/index.html?currency=no&timePeriod=1y&flag=gold&otherChart=hardCur

 

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.