After a break from the bull-rush the price of gold has returned to its usual heading - up, up and up some more. The price of gold has risen again this week. Good for gold investors like gold coin holders but not good for the US dollar. Boy this is depressing to have savings in USD this year. Not only does the value of the US dollar is ‘down’ everywhere, other major currencies are becoming more expensive to buy too! On a calmer note, the gold price has broken its highest peak price as many more people invest in gold as a safe haven for their money. It is now crystal clear that gold is up and US dollar is down! Better to have a relatively calm gold price than a turbulent roller coaster ride with the USD anyway.
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