Gold-US Dollar Relation

Tradition says that in moment of panic gold is the refuge, but this time gold has not been a good recommendation.

Friday, October 24, 2008

These are the questions being asked to antiamericans. Why, in the middle of the worst financial crisis since the great depression, the collapse of the banking system and the strongest recession experienced in our lives, is the dollar getting stronger and is giving a hard and strong lesson to the the traditional gold?
What does this mean for those who propose gold as the model, that in these times of panic gold is falling in relation to the dollar?

More on this topic

In times of Crisis, Find Shelter in Real Assets

November 2011

With gold as a prime example, the recommendation to protect purchasing power is to diversify by acquiring natural resource assets, particularly productive land.

Although the European crisis has shown that despite the enormity of the U.S’s public debt, bonds that back it still have the confidence of many investors, the dollar as a reserve asset raises many doubts.

Exchange Rate Rises in Costa Rica

September 2011

The price of the dollar against the Colon has again started to fluctuate, after having spent several weeks at a relatively stagnant level.

In the last two weeks there has been a slight rise, of about six colones, at the banks exchange desks.

However, this rise has not appeared the way it normally does, ie first in the Monex wholesale market, where trading banks and financial institutions do business, and then in the exchange rate offered to the end consumer at exchange desks.

Cheap Dollar in Costa Rica

March 2011

The U.S. Dollar has been losing its value, pushed down by unattractive interest rates and lack of investment alternatives.

In the Costa Rican foreign currency exchange, the dollar has been hovering close to its minimum allowed level of 500 colones for the past few months. This is explained by the lack of attractive investment options in this currency, low interest rates and the constant intervention by the Central Bank in the forex market.

What Drives the High Price of Gold?

November 2009

Paulo de León, from Central American Business Intelligence, analyzes 4 hypothesis for explaining the sustained increase in the price of gold.

According to De León, one of the most recent theories and which "is being backed up by the behavior of the markets, is the demise of the U.S.

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