Gold is Back!!

Thanks ! You're the man !

According to that, gold was 15.2 euros / gram this time last year, and is 17.61 euros / gram now.

That's 2.41 e/g, or 15.9% in euros. It was 27% in USD.

So, as expected, some of the increase in USD is due to gold's increase in intrinsic value, and some due to the dollar's drop.

Exactly how much of each depends on how you slice and dice things.

 

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for 10 years is 100 billion dollars? Is that right?

Ruben

 

I would have been jumping. I bought 15 $20 Libs and about 30 oz in a Modern Deal this morning.

Luckily, it's all presold.