Tag: Swedish kKrona (SEK)

It’s time to find out in this traditional yearly post if there were any currencies that could beat the mighty gold this year.

7 currencies represent the fiat money: US dollar (USD) and 6 components of the US dollar index (DXY) placed by weight: euro (EUR), Japanese yen (JPY), British pound (GBP), Canadian dollar (CAD), Swedish krona (SEK) and the Swiss franc (CHF). This time I added the Bitcoin from the crypto-world.

Before we get down to the results of 2019, let us see below how you forecasted the future back at the end of December 2018.

The majority of you again, as last year, bet that the primary currency (USD) would defeat all other rivals to come out on top in 2019. The readers’ geography played a crucial role here. The second choice was the Japanese yen; I guess it was selected as it topped the chart last year.

Bitcoin ranked the third; it was the top loser last year. It looks like some readers watch my Pendulum experiments closely.

Let’s look at the diagram below to find out the results. Continue reading "Top Currencies VS. Gold In 2019: Last Man Standing" →

It’s time for my traditional yearly post about the dynamics of “modern” money (fiat) compared to the “old” or “perpetual” money (gold) in the current year.

Fiat money is represented by 7 currencies: US Dollar (USD) and 6 components of the US Dollar Index (DXY) placed by weight: Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish kKrona (SEK) and the Swiss Franc (CHF).

Before we get down to the results of 2018, let us see how did you see the future back at the end of December 2017.

The most of you bet that the king currency (USD) would beat all the rest in 2018. Your second favorite is the single currency (EUR), which is the top rival of USD.

There could be at least two reasons for this ballot result a year ago. The first one is more obvious and is coming from the country distribution of the INO.com web traffic as more than half of it comes from the United States. The other reason is also logical as the US Dollar was the top loser last year with -10% and you could bet on it using the knowledge about the “Pendulum effect”, which pushes laggards to the top.

Now let’s move on to the results of 2018. Continue reading "Fiat Majors Vs. Gold In 2018" →