Gold hit a new record high today for those buying in euros. Let's investigate gold in US dollar terms and in the Yen.

Gold

Image placeholder title

Gold Priced in Yen

Image placeholder title

One Hell of a Ride

RECOMMENDED ARTICLES

That's one hell of a ride. If you bought gold in Yen in 1980 you are still underwater.

Wow.

Where to in US$?

Gold is roughly $300 away from a record high in US dollars.

I expect it to top that easily within a couple of years and by the end of 2020 would not surprise me in the least.

Fed monetary printing and US deficits are out of hand.

Mike "Mish" Shedlock

Gold is Not a Function of the US Dollar Nor is Gold an Inflation Hedge

Swings in the US dollar have no long-term impact in the price of gold. Nor is gold an inflation hedge.

Gold: How High in 2020?

Gold broke out of a six year consolidation. Things look up in 2020.

Record Low 30-Year Bond Yield and Record High on Gold Coming Up

Once again, the yield on the 30-year long bond is below 2.0%. I expect a record low yield shortly. Gold will benefit.

Gold's vs the US Dollar: Correlation Is Not What Most Think

Gold is not as correlated to the US dollar as most think.

Gold Surprisingly Correlated With the US Dollar

Since 2015, gold has been correlated to the US dollar. What's next?

Gold Bears Press Bets in Record Numbers

Gold shorts are near a record high as saturating bearishness sets in.

Ticking Time Bomb of Record High Corporate Debt

The Fed released its "Z1" report today on Household Net Worth and Domestic Nonfinancial Debt. Let's dive into debt.

Gold-Backed Petro-Yuan Silliness: Reserve Currency Curse?

A massive amount of hype is spreading regarding China's alleged ambitions to dethrone the dollar. The story this time involves China's plan is to price oil in yuan using a gold-backed futures contract. Even if that were true, the impact would be zero. Nonetheless, CNBC is now in on the hype.

A Reader Asks: Why is the Euro So Strong?

A reader from Brussels has questions regarding the strength of the Euro.