Bull Market A$ Gold
- Thread starter hiho
- Start date
I guess it just means that our currencies vs USD are performing much worse than gold vs USD.
We are commodity driven economies after all, and commodities in general are taking a beating.
Apparently a lot of investors are taking shelter under the USD... And if I had done the same 1 year ago I would have made more profits than with gold.
But, hey, gold is useful for much more than just short term profits, right? So after all I think I'll sit and watch, and probably acquire some more along the way.
We are commodity driven economies after all, and commodities in general are taking a beating.
Apparently a lot of investors are taking shelter under the USD... And if I had done the same 1 year ago I would have made more profits than with gold.
But, hey, gold is useful for much more than just short term profits, right? So after all I think I'll sit and watch, and probably acquire some more along the way.
2nd_Hand_Gold_Man
Member
im liking it 
Porcello said:
2nd_Hand_Gold_Man
Member
yeah its great.......4 me if gold goes a little higher and the AU drops some more its time to unload some excess bits npeices..........
2nd_Hand_Gold_Man said:im liking itPorcello said:
I would be like a 1000air in Nzd and then spend it on pies.
Australia
Argentina
Brazil
Malaysia
Turkey
Norway
Japan
Indonesia
(charts from golprice.org)
Argentina
Brazil
Malaysia
Turkey
Norway
Japan
Indonesia
(charts from golprice.org)