On page 10 of your book you show charts comparing Gold's performance to the various currencies. What formula did you use to make this comparison?? I would like to incorporate a relative performance of the currencies versus gold into my Trading Software to determine strongest/weakest pairs. It would also be useful to use this comparison for adding to physical bullion positons as the fiat currencies go hyper!
Also is it true that the CHF is somewhat backed by Gold? If so how come the CHF does not skyrocket in relative performance to the USD or other currencies?
With talk show host like Glen Beck warning America of the massive inflation that is to come due to reckless spending and printing of money the panic has already set in. The US Mint already has huge delays on 1/10, 1/4, and 1/2 ounce Gold Eagles. Supply and demand alone will cause Gold to rise. But the big one is going to be if Moody's or Standard & Poors follows through and lowers the US's credit rating from AAA, we could see Gold gap up overnight $60-$80+/ounce!
I see Gold at $1050 by mid to late June and $1200+ if the US credit rating is lowered!
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
Video includes:Levels I'm anticipating before getting back into these 3 stocks; How toprofit from AI's copper and power surgewith English substitles. Watchشاهد
On page 10 of your book you show charts comparing Gold's performance to the various currencies. What formula did you use to make this comparison?? I would like to incorporate a relative performance of the currencies versus gold into my Trading Software to determine strongest/weakest pairs. It would also be useful to use this comparison for adding to physical bullion positons as the fiat currencies go hyper!
Also is it true that the CHF is somewhat backed by Gold? If so how come the CHF does not skyrocket in relative performance to the USD or other currencies?
Thanks
Edge
With talk show host like Glen Beck warning America of the massive inflation that is to come due to reckless spending and printing of money the panic has already set in. The US Mint already has huge delays on 1/10, 1/4, and 1/2 ounce Gold Eagles. Supply and demand alone will cause Gold to rise. But the big one is going to be if Moody's or Standard & Poors follows through and lowers the US's credit rating from AAA, we could see Gold gap up overnight $60-$80+/ounce!
I see Gold at $1050 by mid to late June and $1200+ if the US credit rating is lowered!