The Global Unanimocracy Network runs a daily update on the financial markets, but rather than focusing on the dollar-value of goods and investments, we compare strictly the value of each market in terms of gold ounces.  

Every investment is priced in gold ounces, based on the close of spot gold bullion for that given day.  We compare gold to oil, gold to silver, and gold to DJIA, with other items added if demand requires.  Our comparisons also shows the ratio changes from the previous market day.  On days when a given investment is not traded, we carry forward the previous market day’s value for comparison reasons.

We plot a graph of the comparison figures, weighted against the value of gold.

December 1, 2008 to January 14, 2009

All of the markets we track have had downward pressure against the dollar, but in comparison to gold’s purchasing power, we can see that gold held its own against the other commodities and the DJIA.  Based on the January 14, 2009 figures, silver seems a bit expensive, but NYMEX crude oil looks to be a steal.  Even the DJIA seems like a “good purchase” in terms of its value in gold ounces.

As this graph expands, you will be able to compare the upward and downward mometum of other investments based on gold ounce.  Over time, we’ll see a trend that things that are overpriced in gold ounces tend to fall, and vice verse, offering good buy points if you tend to kee your savings in gold versus dollars.

I’d love to add a few more investments to this graph.  If you have recommendations, please comment below or email me.

Here’s a new chart with the price of gold FIXED with no movement, and Silver and DJIA adjusted to gold’s fixed price.  You can see the movement above and below gold’s trend (blue):

December 1, 2008 to January 14, 2009

By flattening gold’s price over the past 45 days, we can see the trend cyclical trends of other commodities and investments better, in terms of gold’s comparative price.  While I don’t advocate buying strictly based on these figures, my long term trends of the same graph have always shown buying and selling opportunities if one is a goldbug and prefers gold over other forms of long term liquid savings.

Remember, these charts do NOT sure supply or demand issues, they merely show the market’s trends versus gold as a standard form of money.  If you, like I, believe gold will grow in value versus depreciating fiat currencies, this is a great way to see where your current fiat money should be invested to hold its value in terms of gold.

Related posts:

1. G.U.N. Gold Financial Recap, January 6, 2009
2. G.U.N. Gold Financial Recap, January 2, 2009
3. G.U.N. Gold Financial Recap, January 7, 2009
4. G.U.N. Gold Financial Recap, January 5, 2009
5. Gold Market Recap, May 26, 2006
6. Silver ETF warnings and the Gold Market Recap (April 5, 2006)
7. Darkest before the boom
8. The DJIA, NASDAQ, price of gold and silver: they don’t matter
9. Gold Market Recap and News May 3, 2006
10. Gold: Not just up for the year, but WAY up.