I am continuously working to improve the pages over at illumicharts.com. To that end, I have now added new permalink “about” pages that include some explanation about each chart and/or my views about it. Check out the one for the Dow/Gold Zoom. Since the first collection of charts that went up on ridethegoldbull.com a lot [...]
In addition to the usual weekly updates of the Dow/Gold Zoom, How Low Dow, How Low Dow 70s, and Commercial Paper, there are a few new charts appearing on Illumicharts.com that will be updated on roughly a weekly basis. They are: How High Gold and How High Gold 2012 (about these charts) Dow Priced [...]
Email update notices for the Dow/Gold Zoom and Commercial Paper will now be available from Illumicharts.com. Just follow the link to the site and add your email address where it says “Sign Up for Email Updates.” Blog posts on the Generalist will resume shortly. Thanks for your patience!
So, about a week ago I was checking my logs and saw someone typed in the search terms “how low can the dow go”. That sounded like panic to me. Now, a while back I told you it COULD happen, remember? Well, looking at this chart, it’s sure starting to look like we’re going for [...]
Ok, so the recent absurd declines in the prices of precious metals have got everyone in a panic. In fact, both gold and silver prices finally fell through their support levels on a semi-log chart, which certainly seems significant. But, that’s the idea. Everyone is watching the charts. Everyone is trying to call a bottom. [...]
What does it mean? Click the image or the link below for pdf version. Gold with 70′s Overlay
I found it instructive to look at the stock market (Dow) and gold separately during the previous boom/bust cycles. In the 20′s and 30′s the United States was on a gold standard, meaning the value of a dollar was “tied” to gold. This tie to gold stopped the Federal Reserve policy of inflation and caused [...]
Note: if you are searching for the Austrian Business Cycle and landing here, you might be interested in The Dow/Gold Zoom, which is a chart that shows the Dow Jones Industrial Average priced in gold. This might help you to get an idea where we are in the “cycle”. The relationship between short and long [...]
Here I’ve adjusted the prices of gold and silver to the M2 money supply figure. Note the spike in the price of silver relative to gold in 1979. This chart is in pdf format. Silver and Gold M2 Adjusted
In any study of economics, it’s important to remember — all prices are ratios. That means that they are always in flux as the values of one or the other or both commodities change, whether one of those commodities is used as money or not. This is, of course, a lesson we wish politicians could [...]
Just how high is the price of oil? The CPI is a rather suspect inflation indicator, so here are oil prices adjusted for the M3 money supply. As M3 has been discontinued, this chart will no longer be updated. I may consider publishing a version of it using M2 or a reconstructed version of M3. [...]
It is often pointed out that the Federal Reserve is a “private” corporation. In fact, it is very much a government entity. For that reason, it is worth getting a look at the the money supply in relation to the Federal Reserve chairmen and the presidents. As M3 has been discontinued, this chart will no [...]
In March 2006 the Federal Reserve ceased publishing the most popular money supply figure, M3. You can find some information about their supposed reasons here. This chart may help you to come to your own conclusions. Some other writers have attempted to recreate M3. One such attempt can be found here. This chart is currently [...]