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. 1. Why is gold priced in US dollars and what are the chances that gold will be priced in euros or yuan […]
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. I’m not sure […]
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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! […]
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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. Using gold pricing to get an accurate measure of your […]
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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?” I’ve been wondering about that for some time now. My kids are young enough that I still have about 10 years before they […]
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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 […]
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