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1971 to 2005 US Gold Prices
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2003 to 2008 Canadian & US Gold Prices
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The Canadian Dollar Verses US Gold Prices
If you compare the US and Canadian Dollar gains between 2002 and 2005,
You will find a Substantial Difference.
This is because of the Rising Canadian Dollar.
So those Canadians that think there really doing good are Not.
Between January 2003 to About the Middle of October 2005, (In Canadian Dollars) Gold prices rose from about $511.00 to $558.00.
This was a Gain of $47.00 Canadian, per Troy Ounce.
And although the Americans are getting a Substantial gain,
Its only because there Dollar is Depreciating.
In this Same Period, in US Dollars, Gold prices rose from about $325.00 to $475.00.
This was a Gain of $150.00 US, per Troy Ounce.
