the visible hand

it is the theory which decides what can be observed – einstein

Archive for April 26th, 2007

dow jones reality check

Posted by ecoshift on April 26, 2007

Found an interesting article and set of charts today on a website called GoldSilver.com. While the headlines this week are about the Dow reaching record highs, according to the article the Dow is Crashing when measured in anything other than US Dollars.

Here’s a sample chart that expresses the value of the Dow in gold over the past 10 years.

He also has charts of the Dow measured in silver, euros, loonies, nasdaq values, S&P values, oil, and average commodity values. Naturally he wants you to buy gold (see website name) but the charts are none the less interesting.

It’s fairly recent article…

Worth a look.

Posted in dollar, econ, market, recommend | Leave a Comment »