$ vs AU - From a different point of view...................from Rico

Look at these graphs from a different point of view.

- The price of Gold (Au) is not really going up in dollars, but it does take more dollars to buy the same ounce of Gold.

 

Q: Why is that?

A: Because the purchasing power of the dollar keeps going down while the same ounce of Gold remains the same.

= The value of the dollar is going down...