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tiggerthetiger

Gold Price In Greece ?

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Does anyone here know what happened to the price of gold over the last two years in Drachma terms only please.... ?

Up, down, sideways ??

Is this a joke?

You are aware that Greece is still a member of the Euro?

I can't remember what year they lied their way in, egged on by Brussels.

Anyway plot Euro against gold, drachma is irrelevant.

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Is this a joke?

You are aware that Greece is still a member of the Euro?

I can't remember what year they lied their way in, egged on by Brussels.

Anyway plot Euro against gold, drachma is irrelevant.

I do not want to plot Euro against gold...re original question. If you do not know then don`t answer.

PS reminds me of asking a woman for directions....ermm well you know that road down there.....dont take that....then see that road up there, well ignore that.... :P

Edited by tiggerthetiger

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I do not want to plot Euro against gold...re original question. If you do not know then don`t answer.

PS reminds me of asking a woman for directions....ermm well you know that road down there.....dont take that....then see that road up there, well ignore that.... :P

OK we'll take it nice and slowly.

You asked for the price of gold against drachma over the last 2 years.

2 years ago there were 340.75 Drachmas to the Euro.

Today, there are 340.75 Drachmas to the Euro.

340.75 is the exchange rate that was fixed when Greece entered the Euro, and is still valid today despite the fact that it should be about 500.

Therefore if you plot the graph of the Euro against gold, all you need to do is multiply the numbers on the Euro scale by 340.75.

I'm sure you can manage it.

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OK we'll take it nice and slowly.

You asked for the price of gold against drachma over the last 2 years.

2 years ago there were 340.75 Drachmas to the Euro.

Today, there are 340.75 Drachmas to the Euro.

340.75 is the exchange rate that was fixed when Greece entered the Euro, and is still valid today despite the fact that it should be about 500.

Therefore if you plot the graph of the Euro against gold, all you need to do is multiply the numbers on the Euro scale by 340.75.

I'm sure you can manage it.

I will take that as "I dont know" then

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Are you some kind of idiot. Its totally irelevant. :blink:

I will take that as "I dont know" too.

I just found this snippet https://www.kitcomm.com/showthread.php?t=62483

Central bank officials estimate that while Greek demand for the distinctive bullion has been rising by 10 per cent a year since 2008, its price has been soaring by more than 50 per cent.

..have you ever heard of the term "can`t see the wood for the trees" ?

Now are there any Greeks in the house that can actually answer my question.?

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I will take that as "I dont know" too.

I just found this snippet https://www.kitcomm.com/showthread.php?t=62483

Central bank officials estimate that while Greek demand for the distinctive bullion has been rising by 10 per cent a year since 2008, its price has been soaring by more than 50 per cent.

..have you ever heard of the term "can`t see the wood for the trees" ?

Now are there any Greeks in the house that can actually answer my question.?

your right, i dont know, but i was wondering why i cant get many sovereigns lately.

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I will take that as "I dont know" too.

I just found this snippet https://www.kitcomm.com/showthread.php?t=62483

Central bank officials estimate that while Greek demand for the distinctive bullion has been rising by 10 per cent a year since 2008, its price has been soaring by more than 50 per cent.

..have you ever heard of the term "can`t see the wood for the trees" ?

Now are there any Greeks in the house that can actually answer my question.?

That was an article that appeared in The Times.

Greeks give new meaning to idea of sovereign wealth

http://business.timesonline.co.uk/tol/business/economics/article7135543.ece

On the point of the gold price in Greek drachma, a euro is 340.75 drachma, so gold would be 336,865.5 drachma. However, the Greek drachma has been defunct for nearly a decade, so it's not possible to know today's gold price in drachma, apart from speculating that it would be priced in the millions of drachmas.

Edited by Take Me Back To London!

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what you should be asking is what is the premium on gold in Greece compared to other Euro countries. Not being a twit about it and asking a question with no relevant answer then shooting people down when they try to correct you.

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what you should be asking is what is the premium on gold in Greece compared to other Euro countries. Not being a twit about it and asking a question with no relevant answer then shooting people down when they try to correct you.

I know,and you are right, about shooting.

Although ask a silly question and you get a silly answer, but they often trawl up some interesting angles at looking at things.

Edited by tiggerthetiger

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I will take that as "I dont know" too.

I just found this snippet https://www.kitcomm.com/showthread.php?t=62483

Central bank officials estimate that while Greek demand for the distinctive bullion has been rising by 10 per cent a year since 2008, its price has been soaring by more than 50 per cent.

..have you ever heard of the term "can`t see the wood for the trees" ?

Now are there any Greeks in the house that can actually answer my question.?

dude,

Could you tell me the price of gold in shilling ?

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