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The Myth Of Gold as Inflation Hedge

Franklin @ December 2, 2007 # 23 Comments

Gold sellers like to write long articles and develop interesting theories to provide rational justification for their business.

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Official Reports Confirm Economy Worse Than in 2000

Franklin @ October 11, 2007 # One Comment

The Dow Jones’ new high is a numeric illusion The Personal Savings Rate is at the same level it was during the last recession Economic growth (GDP) is lower than inflation growth (i.e., the economy is not growing) Even after adjusting for inflation, cost of living is 17% higher than it was in 2000 The […]

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The real economy

Franklin @ October 8, 2007 # 31 Comments

I wrote previously that, in constant dollars, the Dow Jones is far from a new high (actually, some 8% away). Those constant dollars, however, were based only on inflation data, which is statistical data and not actual market data. The following table shows the 2000 and 2007 prices in terms of different commodities. The calculation […]

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