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"what a difference in the aud vs usd gold price; up 35% for aud...

  1. timber1956
    7,424 Posts.
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    17/05/19
    16:37
    Post #: 38619491
    "what a difference in the aud vs usd gold price; up 35% for aud vs 0% for usd......"
    @rogerken

    34% of that is decline in the value of the AUD. If you had sold AUD, bought USD and invested in US treasuries, you would be up 45%+.
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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