Mark J Lundeen

Mark J Lundeen Articles

Since the stock market’s high of late May, deflation has begun to creep into the market’s valuations as is obvious when we look at the NYSE’s 52Wk Highs and Lows.  From May 28th to June 24th, the NYSE 52Wk High – 52Wk Low ratio declined...
Most market commentators’ focus on gold and silver, as well as with most markets, are short term.   Rarely do they look back more than few years at the most.  However, every now and then it is good to take a historical look at a market to...
Wednesday June 19th, the bond and stock markets had a bad day.  We saw more of the same on Thursday; only worse.  Doctor Bernanke testified before Congress that he was going to begin “tapering” his current Quantitative Easing’s monthly...
The silver to gold ratio (SGR) reached a new high of the move last Monday (June 10th) of 66.23 ounces of silver to one ounce of gold.  This is a huge retracement from its low of 32.00 to an ounce of gold on 25 April 2011.  Today, an ounce...
We’re almost half way through 2013, so how is the stock market doing?  It could be better, and it could be worse.  Here’s the chart for the NYSE’s 52Wk High-Low Ratio.  I see that last Wednesday the ratio fell to -11.29%.  Since the Aug -...
We’re almost half way through 2013, so how is the stock market doing?  It could be better, and it could be worse.  Here’s the chart for the NYSE’s 52Wk High-Low Ratio.  I see that last Wednesday the ratio fell to -11.29%.  Since the Aug -...
“Experts” speak much on inflation and deflation, but most peoples understanding of them come from academics (aka “educators”), people whose self interest lies in keeping the public unenlightened of what they actually mean.  As long as the...
I made charts for gold and silver priced in constant 1920 dollars I thought my readers would find interesting.  The plots’ prices are ratios with the nominal dollar price of the metals for the numerators and the indexed increases in...
So how's the bull market in gold and silver going? As seen below, they are doing just fine. In fact gold and silver are doing better than the Dow Jones 1982-2000 bull market was at its day 2,746 on June 24, 1993. If we compare the progress...
I like looking for market extremes, as they usually occur prior to a major change in the market’s price trend.  One market extreme to follow is the number of 52Wk highs or lows an index is making, as we can see in the chart below where the...

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce