Tag Archives: stocks

Dow Hits Record High in Dollars, 20 Year Low in Ounces of Gold

Posted on January 31, 2013 by Les Jones

New York Sun – The Fiat Dow: As the Dow Jones Industrial Average edges close to 14,000 let us just remark on the value of the famous index in ounces of gold. It may be that 14,000 is nearly twice … Continue reading →

Posted in Economics | Tagged , , , | 1 Comment

Greece Default, Credit Default Swaps, and the Recent Stock Market Gains

Posted on February 7, 2012 by Les Jones

Charles Hugh Smith thinks they’re related.

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Stocks more overvalued than in 1929

Posted on April 4, 2011 by Les Jones

Couple things. One, we haven’t seen a correction below the long-term trend line in the last 20 years. You have to wonder if we’re due for a bigger correction than 2008. Two, we’re now well above the 2008 market levels … Continue reading →

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W.C. Varone on gold, guns, and food

Posted on February 18, 2009 by Les Jones

“The thing about being a survivalist kook and stockpiling gold, guns, and food is that there’s no downside. Even if you’re wrong, you’ve still got gold, guns, and food.” – W.C. Versone Heh. I love me some guns and we’ve … Continue reading →

Posted in Economics, Guns, Quotes | Tagged , , , , | 6 Comments