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Home Moneta Blog Is gold going up?

Is gold going up?

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So gold has broken through to record nominal levels- except in one currency.

That currency is often called as gold as gold. So what is really happening?

auchfx

The fact is that gold is not going up per se, it is that paper is going down.

As can be seen from the charts, in Swiss Francs, the safe haven of choice it is trading sideways.

In fact, as can be seen below, in Australian dollars, a huge gold producer, it is going down.

To know what to do you need to know what you want, and why you want it.

Feel free to call to discuss possibilities.

 

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