Came across some interesting charts regarding various items priced in Gold, instead of US dollars. It really shows the ability of gold to maintain purchasing power, and why gold has always been considered real money for centuries...unlike fiat money such as US dollars. Note how prices for certain commoditities oscillate around a mean, and generally remain stable for years.
First read the top most article on the following link before looking at the charts below: http://pricedingold.com/
Yale college expenses priced in gold: http://pricedingold.com/college-tuition/
Crude oil (Note that crude oil in US dollars went from about $20 to $148 from 2000 to 2008, but the price in gold never changed much. Also note the lower chart outlining the price of oil from 1950 to present): http://pricedingold.com/crude-oil/
Dow Jones: http://pricedingold.com/dow-jones-industrials/
US GDP: http://pricedingold.com/us-gdp/
USD, Euro, Canadian dollar, Australian dollar: http://pricedingold.com/cad-vs-usd/
First read the top most article on the following link before looking at the charts below: http://pricedingold.com/
Yale college expenses priced in gold: http://pricedingold.com/college-tuition/
Crude oil (Note that crude oil in US dollars went from about $20 to $148 from 2000 to 2008, but the price in gold never changed much. Also note the lower chart outlining the price of oil from 1950 to present): http://pricedingold.com/crude-oil/
Dow Jones: http://pricedingold.com/dow-jones-industrials/
US GDP: http://pricedingold.com/us-gdp/
USD, Euro, Canadian dollar, Australian dollar: http://pricedingold.com/cad-vs-usd/
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