With the US Dollar making new lows, and the stock market in disarray, 2008 is off to a shaky start. The Fed is faced with few options, none of them very pretty. If they cut rates to try to soften the recession and prop up asset prices, they further lower the value of the currency […]
The Charts section has been updated with a new chart of the Dow Jones Industrial Average, this one from 1900 to present. The three big bull markets of this 107 year period, and the following bear markets, are easily seen. It is clear that a lot of money can be made – and lost – […]
Filed under home currency, monetary universe, new highs, price of gold, wages and salaries by 
Just a quick note — I still haven’t found a good source for gasoline prices before April of 1993 (if you can give me a URL for this data, I would very much appreciate it!) but I did find the peak price for gasoline in California in March of 1981, the price point quoted in […]
Filed under monetary universe, money gold, new highs, profitable ideas by
The big news this week is that the Dow Jones Indistrial Average has broken the 13,000 barrier, establishing a new all-time high. What does this all mean? Has the Dow been a good place to invest money? Listen to the first Priced in Gold Podcast to hear my comments on investing, the DJIA, and pricing […]
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A few months ago, my mother in law sent my wife an old copy of Woman’s Day magazine. My wife loves dolls, and the January 1965 issue of Woman’s Day featured articles on dolls and doll collecting (along with many other articles that would fit right in with today’s magazines, such as "How to Have […]
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