Saturday, September 18, 2010

Why We Watch the Price of Gold in All Currencies


A common flaw that we see the average investor make is to follow their investments measured in foreign currencies and at the same time forget to calculate their local exchange rate on those investments. This is a HUGE mistake as the fluctuation of an investor’s home currency has a massive impact on their returns.

Some investors know that the price of gold has been performing well in the past few years but let’s look at the charts to see how well gold has done for investors around the world....read more

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