jnafach
74 posts
msg #83115
- Ignore jnafach |
11/15/2009 9:18:16 PM
I did read this nice analyssis, When gold is rising in terms of all four of the most widely traded currencies, you're in a gold bull market.
Today, we're in a gold bull market.
In each of the last three months (and in six of the last 11 months), gold has risen month-over-month versus all four major currencies: the dollar, the euro, the yen, and the British pound.
The numbers are astounding...
Since 1971, gold has risen against all four currencies month-over-month 31% of the time. If you simply hold gold during the month after that happens, the compound annual gain in gold is an astonishing 34%.
so I am not sure how to design that so we get signal and buy the gold when it rises againts other curriencies and can make safer money, any ideas
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