• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Gold versus CAD

Collapse
X
Collapse
 
  • Time
  • Show
Clear All
new posts
  • farmaholic
    Senior Member
    • Sep 2010
    • 17483

    Gold versus CAD

    farming101, could you overlay the CAD over the price of gold (oz, US or CAD????) on a chart that has gold's high and low or enough years to make it worthwhile.

    Or could someone give me a lead to a website that would let me do it.

    Thanks in advance.
  • iceman
    Senior Member
    • Dec 2014
    • 751

    #2
    Barcharts
    Gold 25 yr chart
    add in the can dollar

    Iceman out

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17483

      #3
      Got to wonder where the new trading range will be. First half of 25 year chart isn't very exciting. Today about $1600 CAD ...yikes? Look what Sask farmland has done in recent years, but likely plateauing

      Any "opinions"? Chart reading is a bit like a foreign language to me.

      Comment

      • farming101
        Senior Member
        • Mar 2011
        • 3955

        #4
        Here you go. CAD red line

        Click image for larger version

Name:	Gold CADUSD.jpg
Views:	1
Size:	85.9 KB
ID:	764919

        Comment

        • biglentil
          Senior Member
          • Jun 2015
          • 3290

          #5


          Pretty simple expect to see an exponential steepening of the gold price curve to the upside to keep up with the rapidly balooning money supply.
          Last edited by biglentil; May 26, 2016, 04:20.

          Comment

          • sumdumguy
            Senior Member
            • Mar 2007
            • 12010

            #6
            Imagine a chart for land around any city or gravel pits.

            Comment

            • biglentil
              Senior Member
              • Jun 2015
              • 3290

              #7

              Comment

              • sumdumguy
                Senior Member
                • Mar 2007
                • 12010

                #8
                Look at the nice rain Biglentil. What could be finer than a rain near Reginer?

                Comment

                • farmaholic
                  Senior Member
                  • Sep 2010
                  • 17483

                  #9
                  Taking into consideration where gold is now priced and the value of the CAD, it doesnt look like there would have been a worse time to buy in the last 25 years than now. One thing I have no clue about is where gold will go or what trading range, if any, it would settle into.

                  Thanks for the charts people.

                  Any other comments regarding buying, etc?

                  Comment

                  • biglentil
                    Senior Member
                    • Jun 2015
                    • 3290

                    #10
                    Truth is the value of gold never changes its the purchasing power of the dollar that has been on a steady decline since 71. An once of gold 100 years ago was said to buy a very nice tailored suit, the same holds true today. If you are looking for significant upside potential buy silver.
                    Last edited by biglentil; May 26, 2016, 08:09.

                    Comment

                    • Reply to this Thread
                    • Return to Topic List
                    Working...