source: Stockcharts.com
The chart shows that taking 2008 as a starting point (financial crisis of 2007 - 2008), both instruments (gold and dollar) are significantly up:
- gold: 37.1%
- US dollar: 30.7%
Sunday, November 19, 2017
U.S. Dollar And Gold
Many people think that the US dollar and gold go in the opposite directions. Well, in many cases it is true but look at this chart:
source: Stockcharts.com
The chart shows that taking 2008 as a starting point (financial crisis of 2007 - 2008), both instruments (gold and dollar) are significantly up:
source: Stockcharts.com
The chart shows that taking 2008 as a starting point (financial crisis of 2007 - 2008), both instruments (gold and dollar) are significantly up:
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