World currencies measured in gold

Gold retains its purchasing power. This is why it is considered "real money", unlike fiat currencies. Therefore when the gold price moves "up", it isn't really increasing in value. It is simply compensating for the drop in value of the respective fiat currency- be it the US dollar, Euro, or Yen. The following charts illustrate how well gold has performed against many of the world's major fiat currencies over the last decade. All these major currencies have lost much of their purchasing power- even the so called 'strong currencies' such as the Australian dollar and Canadian dollar.

http://jsmineset.com/wp-content/uploads/2009/12/Gold-in-assorted-currencies-2009-year-end.pdf