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Thursday, March 28, 2024

Gold Doomed or Resting? Gold vs. Major Currencies; Goldman Sachs and Morgan Stanley Reiterate Sell Signal

Courtesy of Mish.

Here are some interesting charts from my friend Nick at Sharelynx Gold. (Login Required)

Gold vs. US Dollars

Gold vs. Euros

Gold vs. Ukraine Hyyvnia

It took about 4,000 Hyyvnia to buy an ounce of gold at the end of 2008. It takes 17,444 now.

Gold vs. Russia Rubles

Gold vs. India Rupees

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