Mark J Lundeen
I made charts for gold and silver priced in constant 1920 dollars I thought my readers would find interesting. The plots’ prices are ratios with the nominal dollar price of the metals for the numerators and the indexed increases in...
So how's the bull market in gold and silver going? As seen below, they are doing just fine. In fact gold and silver are doing better than the Dow Jones 1982-2000 bull market was at its day 2,746 on June 24, 1993. If we compare the progress...
I like looking for market extremes, as they usually occur prior to a major change in the market’s price trend. One market extreme to follow is the number of 52Wk highs or lows an index is making, as we can see in the chart below where the...
At market tops, bullish enthusiasm alters society’s brain chemistry to the point where what should be ridiculed becomes widely acceptable to the cattle rushing towards a terrible day of reckoning. Case in point is the following video,...
Here is the silver to gold ratio, or the number of ounces of silver one ounce of gold can purchase. At the close of Friday’s trading an ounce of gold was worth 61.55 ounces of silver; that is a lot of silver, but not as much silver as an...
We’ve seen lots of talk of massive and historic volatility in the gold market after its recent take down. This is not true. Here is a chart showing every day since 1969 where gold moved (+/-) 5%. Since the early 1980s, the price of gold...
I covered municipal bond yields last year as they approached their second anniversary of an amazing and historic yield inversion. Geeze Louise, muni-bonds pay tax-free income, yet since November 2011 they have yielded more than Barron’s...
Precious metals investors can’t look back at this week’s declines in gold and silver and not be a little upset. But it’s important to keep in mind that nothing happened this week that reversed the decade long bullish trends for gold and...
On Tuesday of last week (March 5), the Dow Jones closed above its last all-time high of 14,164.53 on 9 October 2007, when it closed at 14,253.77. As seen in the table below, each day since (until today), the Dow Jones made a new all-time...
I’m constantly on guard not to bore my readers with tedious, repetitious comments week after week. However, with the markets acting as they are, it’s impossible not to be repetitive as the markets are mostly a repeat of the previous week’...
