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222 Years Of Gold, Wars, Inflation, Economies, And Presidents

Posted By admin On June 16, 2013 @ 6:59 am In Money Watch | Comments Disabled

Zero Hedge [1]
June 16, 2013

Whether as the basis for the monetary unit of a country, or in its role in comparison to the currency of other assets, the price of gold has long been a subject of great interest to both the scholar and the general public. MeasuringWorth has [2] created a multi-century time series of the barbarous relic’s USD price. From the penny, the crown, the rose ryal, the guinea and the sovereign coin, the question of “what was the price then” is answered combining a number of sources and Visualizing Economics compares [3] the ‘real’ price of gold since 1791 to GDP, wars, US presidents, and inflation…

222 Years Of Gold, Wars, Inflation, Economies, And Presidents 20130615 gold [4]

(click image for larger version)

 


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URL to article: http://www.prisonplanet.com/222-years-of-gold-wars-inflation-economies-and-presidents.html

URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/2013-06-15/222-years-gold-wars-inflation-economies-and-presidents

[2] MeasuringWorth has: http://measuringworth.com/gold/#

[3] Visualizing Economics compares: http://visualizingeconomics.com/blog/2013/6/4/the-real-price-of-gold-since-1791

[4] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130615_gold.jpg

[5] U.S. Mint Sales of Gold Coins Jump to Highest in Three Years: http://www.prisonplanet.com/u-s-mint-sales-of-gold-coins-jump-to-highest-in-three-years.html

[6] John Paulson’s Scary Speech: Double Digit Inflation By 2012, Gold At $4,000: http://www.prisonplanet.com/john-paulsons-scary-speech-double-digit-inflation-by-2012-gold-at-4000.html

[7] Stagflation Threatens Western Economies – Gold A Bubble, To Correct Or Go Parabolic As Per 1970’s?: http://www.prisonplanet.com/stagflation-threatens-western-economies-%e2%80%93-gold-a-bubble-to-correct-or-go-parabolic-as-per-1970%e2%80%99s.html

[8] Gold Climbs to Record as Dollar, Inflation Outlook Spur Demand: http://www.prisonplanet.com/gold-hits-record-high-close-to-1064.html

[9] Gold at $2,000 Becomes Inflation-Adjusted Bullseye for ‘80 High: http://www.prisonplanet.com/gold-at-2000-becomes-inflation-adjusted-bullseye-for-%e2%80%9880-high.html

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