Global Fiat Gold Prices
For those that accept the dollar, or any fiat money, as a safe haven during times of crisis, I suggest a review of the global fiat gold prices since start of the third Great Depression between 1998-2001.
A few important conclusion from the following charts:
(1) The price of gold is rising against all fiat money since 1998-2001. This suggests that gold, despite claims to the contrary, is the ultimate safe haven.
(2) The greater the angle of ascension of most sustainable up trend, the greater the stress on the currency. In other words, the greater the angle, the greater the devaluation and poorer the safe haven safe haven.
(3) The currency with the smallest, comparable angle of ascension is the best safe haven fiat currency.
Australian Dollar Gold: 
British Pound Gold: 
Canadian Dollar Gold: 
Euro Gold 
Krona Gold: 
Real Gold: 
Renminbi Gold: 
Rouble Gold: 
Rupee Gold: 
Swiss Franc Gold: 
US Gold 
Won Gold: 
Yen Gold: 
Dear Jim,
Its taking shape… Euro version of the FRGCR in embryonic form?
Regards,
CIGA Pedro
Germany considers c.bank gold reserves for EMF-paper
Sat Mar 13, 2010 12:32pm GMT
BERLIN, March 13 (Reuters) – Germany is considering the possibility of euro zone countries using their central banks’ gold reserves to back a European Monetary Fund, German magazine Focus reported on Saturday.
The German Finance Ministry declined to comment on the report by Focus, which did not specify its sources.
"A proposal from the finance ministry suggests pooling the gold reserves of the former central banks of euro zone countries in a stabilisation fund," Focus wrote.
According to Focus, Greece still has around 112 tonnes of gold, while the German Bundesbank has 3,407 tonnes with a market value of around 90 billion euros.
German Finance Minister Wolfgang Schaeuble on Friday repeated his call for a fund which could, as a last resort, offer help to euro zone states facing bankruptcy.
