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jimmygu3
02-21-08, 09:00 AM
Does anyone have historical data on gold vs. a general commodities basket like the CRB index? I would love to see a long term chart of that. Bart, maybe? Thanks!

Jimmy
Jim Nickerson
02-21-08, 09:21 AM
Does anyone have historical data on gold vs. a general commodities basket like the CRB index? I would love to see a long term chart of that. Bart, maybe? Thanks!

Jimmy

Search posts by Finster, I think he has put up such a chart.
jimmygu3
02-21-08, 11:21 AM
Search posts by Finster, I think he has put up such a chart.
Thanks, Jim! Here's one of Finster's charts from last November (thanks Finster!).
http://users.zoominternet.net/~fwuthering/Posts/AUXDJC20070908.png

Today's ratio (Feb 21 2008) is 2.31. Interesting to me that gold is down 11% vs commodities since Jan 2000, even as its nominal price has risen 237% over the same period. More evidence that gold is not in a bubble, but simply reflects the depreciation of the dollar and other currencies.

Here's another 35 year chart from gold-eagle.com that shows gold vs CRB, so the numbers are different than Finster's Gold/DJC chart, but the movements are correlated.
http://www.gold-eagle.com/editorials_05/images/milhouse040605a.gif

Would still love to know what the ratio was over an even longer period (100+ years), as the US dropping the gold standard in the '70s makes that data unique and difficult to draw conclusions about a long-term baseline.

Jimmy
WDCRob
02-21-08, 11:45 AM
Jimmy, Bart has done a number of related charts. Not sure any of them are exactly what you're after, but I think some of them are probably close.

Do a search with Bart as the author and your search terms to see what pops up.

You might also use 'cycle of hard assets' as a term.
Jim Nickerson
02-21-08, 11:57 AM
Jimmy, Bart has done a number of related charts. Not sure any of them are exactly what you're after, but I think some of them are probably close.

Do a search with Bart as the author and your search terms to see what pops up.

You might also use 'cycle of hard assets' as a term.

Or look on Bart's site, probably better organized there.