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<p>[QUOTE="mikem2000, post: 2226610, member: 30574"]Actually Gold is not up 11%, The uh hum "author" quoted Gold against the AUD. I know his company is "down under" but still extremely misleading as Gold is Priced USD. Gold is actually down 7.5% against the Greenback including today's whomping. This is slighly worse than the S&P this year. So the only thing the OP told us was it would have been better off for Aussies to be selling AUD and buying USD instead of purchasing Gold.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 2226610, member: 30574"]Actually Gold is not up 11%, The uh hum "author" quoted Gold against the AUD. I know his company is "down under" but still extremely misleading as Gold is Priced USD. Gold is actually down 7.5% against the Greenback including today's whomping. This is slighly worse than the S&P this year. So the only thing the OP told us was it would have been better off for Aussies to be selling AUD and buying USD instead of purchasing Gold.[/QUOTE]
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