Other resources rise much more strongly than gold which has gone...

  1. 394 Posts.
    Other resources rise much more strongly than gold which has gone nowhere is US dollars for more than 20 years. Nor in Aussie dollars. Just look at nickel or oil. They currently have risen strongly in Aussie dollar terms. But not gold. Its maintained its role as a laggard, as the bridesmaid and definitely has not been an inflation hedge for more than 20 years. Tell us the last time gold rose 5% in one night like oil did yesterday??? If gold rises 1% its had a huge rise!!!!
 
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