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> USD/Gold is pretty stable Umm, I'm not sure I can agree with that[0] To be fair, it was fairly stable until about 2006. However the whole point of "being s
by logifail 4y ago
> USD/Gold is pretty stable
Umm, I'm not sure I can agree with that[0]
To be fair, it was fairly stable until about 2006. However the whole point of "being stable" is also to be stable in times of external stress. USD/Gold fails that one quite spectacularly.
[0] https://goldprice.org/charts/gold_30_year_o_x_usd.png https://goldprice.org/charts/gold_30_year_o_x_usd.png
- BobbyJo 4y agoThat's significantly less volatile than Yen/USD. Stability in currencies is pretty relative.