I love a stock-index-to-gold ratio (see my earlier Chart of the DJIA priced in gold). Zero Hedge has calculated the performance of the S&P500 in gold over the last 18 months. It’s scary stuff. Here, in his inimitable style, is Tyler: It may come as a surprise to some that when the market’s performance is [...]
Posts Tagged ‘Gold’
Zero Hedge says market now just 15% above 666 lows, 22% off 2010 highs, when priced in gold
Posted in About, Austrian Economics, tagged Austrian School of Economics, Gold on July 1, 2010 | 4 Comments »
Chart of the DJIA priced in gold: Buffett and gold redux
Posted in About, Austrian Economics, Stocks, tagged Austrian School of Economics, DJIA, Gold on November 18, 2009 | 3 Comments »
One of my favorite macro indicators is the long-term Dow:gold ratio. Rolph Winkler of Reuters blog Contingent Capital did the heavy lifting last week to produce a chart of the Dow Jones Industrial Average priced in gold per ounce since 1900: The Dow:gold ratio is not everyone’s cup of tea. Paul Kedorosky likens it to [...]
Buffett on gold
Posted in About, Austrian Economics, tagged Austrian School of Economics, Gold, Warren Buffett on November 10, 2009 | 20 Comments »
Warren Buffett’s position on gold is well known, if a little difficult to fathom. This is from Buffett’s appearance on CNBC’s Squawk Box on March 9, 2009, but could have been taken from any of his commentary over the last fifty years: BECKY: OK. I want to get to a question that came from an [...]
Fickle is Einhorn
Posted in About, Austrian Economics, Greenbackd, Stocks, tagged Austrian Economics, David Einhorn, Gold on October 21, 2009 | 3 Comments »
Rolfe Winkler of Reuters blog Contingent Capital has a great summary of David Einhorn’s talk to the Value Investing Congress. Despite what we say in the title, Einhorn is hardly fickle (we just couldn’t resist). If anything, he’s stubborn to a fault, so it is interesting that he’s changed his mind so dramatically about the [...]

