Kenneth wrote in with the following excellent questions:
Hi Charles,
Thanks for your great insight. I have been planning to buy gold and silver early next year and I just have 2 questions.
Filed under gold prices, monetary universe, Silver by 
Subscriber Kerry B wrote to me recently:
I would love to see a long running value of the U.S. M3 in gold. I've wondered if this pool equals a relatively fixed gold value while the dollar price of gold reflects mainly the fluctuation in the amount of money in the pool. Thanks.
Filed under Economy, gold prices, monetary universe, Money Supply by
Daniel Rigby wrote to me recently to ask:
This may seem like a dumb question, but I am unsure of how to actually price things in gold myself. Is it on a per gram basis? Could you provide me with an example of how to price something in gold, say dollars?
Thanks for asking, Daniel! That's a great topic that I haven't covered lately.
Filed under gold prices, monetary universe, Stocks by
On May 31st, Dr. Marc Faber, one of my favorite economists and a very engaging speaker, gave a landmark presentation at the Mises Circle on Austrian Economics and Finance. In this talk, Dr. Faber details the coming economic catastrophe, and what to do about it.
Filed under Bonds, Economy, gold prices, Interest Rates, profitable ideas, Stocks by
In a recent comment, Jules wrote "I once heard that a semester of college in 1920 cost the same number of gold oz as it would in 1990. Any truth to that?"
Filed under Economy, gold prices by
Based on numbers from the St. Louis Fed, our newest addition to the Charts section of the website shows the US GDP in gold grams – billions of them!
This series is similar in appearance to the long term DJIA, but with less volatility. This makes sense, as stocks tend to follow in the footsteps of the overall economy. But the Dow has it's own sense of timing, peaking about 4 years before the GDP in the 60s, and falling much further during the 70s, then rising over 36 times in value from 1980 to 1999, while the GDP rose a little over 9 times from it's low. Once again, the Dow peaked first, in 1999, while the GDP kept climbing until 2001.
Filed under gold prices, monetary universe, price of gold by
