Saturday, March 13, 2010

Global Fiat Gold Prices

For those that accept the dollar, or any fiat money, as a safe haven during times of crisis, I suggest a review of the global fiat gold prices since start of the third Great Depression between 1998-2001.

A few important conclusions from the following charts:
(1) The price of gold is rising against all fiat money since 1998-2001. This suggests that gold, despite claims to the contrary, is the ultimate safe haven.
(2) The greater the angle of ascension of most sustainable up trend, the greater the stress on the currency. In other words, the greater the angle, the greater the devaluation and poorer the safe haven.
(3) The currency with the smallest, comparable angle of ascension is the best safe haven fiat currency.

Australian Dollar Gold:


British Pound Gold:


Canadian Dollar Gold:


Euro Gold


Krona Gold:


Real Gold:


Renminbi Gold:


Rouble Gold:


Rupee Gold:


Swiss Franc Gold:


US Gold


Won Gold:


Yen Gold:

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