Goldprice all times high 1655 EUR Oz !!
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Do not calculate in Euro. It is weak hybrid fiat of an unstable artificial currency area (Eurozone = it is not a country, it does not even represent the EU itself).
Lol. wtf. A hybrid fiat of an unstable artificial currency area? Nice. I bet you know a lot.
Also, nobody calculates. They read the price (in whatever currency) from a screen. There is no calculation involved.
Also, nobody calculates. They read the price (in whatever currency) from a screen. There is no calculation involved.
I know, painful times for all the Euro apologists. And it's only getting worse. Be grateful, cheer the ECB ... .
eek¤%& Really ... . I am absolutely grateful you explained that to me - it's just that it has never been any different 🙄
My post said: "Do not calculate in Euro."
Nowhere does it say anything about how the price finding of gold works.
The reason for my remark: Quoting the price of gold in a currency that devalued massively hides the truth. For comparison this is︀ useless. You believe to have gained when in fact you have lost.
A person in︁ Turkey would consider himself phenomilally rich if he just watched the gold price in TRY.︂ Of course, a Turk would never do that, knowing that TRY is going down the︃ drain.
Advice: Read more carefully when you pick a post of other people, specifically when︄ that post did not even address you! ban-:;
No. Reason see above.
eek¤%& Really ... . I am absolutely grateful you explained that to me - it's just that it has never been any different 🙄
My post said: "Do not calculate in Euro."
Nowhere does it say anything about how the price finding of gold works.
The reason for my remark: Quoting the price of gold in a currency that devalued massively hides the truth. For comparison this is︀ useless. You believe to have gained when in fact you have lost.
A person in︁ Turkey would consider himself phenomilally rich if he just watched the gold price in TRY.︂ Of course, a Turk would never do that, knowing that TRY is going down the︃ drain.
Advice: Read more carefully when you pick a post of other people, specifically when︄ that post did not even address you! ban-:;
No. Reason see above.
Hahahahaha. Great stuff man. Glad you explained to us how currency value fluctuation works. Such︅ great knowledge.
Gold is doing exactly what it is supposed to do: holding its value during a period of political and economic turbulence. It has held steady YTD while almost everything else has lost value.
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