Q: Why do you always get it wrong with gold? I would have thought by now you would realise your mistake.

Last Saturday you put a chart of gold in your column. Interestingly, it was in US dollars. We don't live in the US!! It is hard to believe someone who is writing a financial column could make such a basic mistake as not doing the exchange-rate conversion!

Over the past 12 months, as at writing, shares are down 18 to 20 per cent, gold is up 44.75 per cent. That's a difference of some 64 per cent. Hard to believe someone can be so wrong. Please try harder to give accurate information.

A: Ouch!

Now that I've recovered, I've got a couple of questions for you:

• Why on earth do you read my column if I always get this wrong?
• Why is it that many


A win for the NZX50

Smoothing volatility