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Old 08-22-2011, 02:49 PM  
Matt 26z
So Fucking Banned
 
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Join Date: Apr 2002
Location: ¤ª"˜¨๑۩۞۩๑¨˜"ª¤
Posts: 18,481
I don't mess with gold because the price is tied closely with whatever currency you are buying it with. This seems to me like a disaster in the making for some people.

http://www.24hgold.com/english/gold_price_in_euros.aspx

Gold Price in US Dollar: +1.43%
Gold Price in CDN $: -0.01%
Gold Price in Euro €: +0.01%
Gold Price in AUS $: +0.20%
Gold Price in UK £: -0.04%
Gold Price in JP ¥: +0.13%
Gold Price in SW F: -0.03%

Gold didn't really go up in value today. The USD took a hit and thus it took more USD to buy an ounce of gold.

When the USD improves, watch out. It's going to be a nasty ride down for those who don't keep a close eye on their holdings (and I don't, which is why I don't play here).
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