"The Kitco Gold index is a joke and is there for ONLY ONE REASON, to try and make gold look less attractive than it is as an investment. It's time to wake up and realize that those people over there either are nuts or have an agenda that is different from the average gold investors agenda!"

I created a chart that is a way to get a good feel for the value of gold compared to paper in the current environment.

I cannot guarantee this will come up for you as it does on my computer. I have an account with Stockcharts and so get all the features. If you do not have an account I do not know what this will look like. This is a link to five currencies relative to gold. If you have an account you can change the currencies for four additional currencies as the annotations point out. All the currencies are declining with what appears to be no chance whatsoever of correcting that decline. If anything I think they are all due for another significant drop relative to gold.

http://stockcharts.com/h-sc/ui?s=$USD:$GOLD&p=D&st=1998-10-01&id=p21450043422&a=148572294

If it does not work for you and you are interested send me a private message. There is another way to see this chart and some others I have developed.

P.