Compound Annual Growth Rate (CAGR)

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1912
Compound Annual Growth Rate (CAGR)

Ref: Since 1972 Dow Stock Index is up 1500%, while gold is up 2240%

Here's more academic way of comparing relative performance (CAGR) during the past 42 years since 1972.

CAGR for the Dow is: 6.82%

CAGR for GOLD is: 8.01%

CAGR calculations per: http://www.investopedia.com/calculator/cagr.aspx

Frankly, gold wins hands down since 1972.

And as the Goldrunner is fond of saying: We ain't seen nothing yet!

keese laye

The common rail system prototype was developed in the late 1960s by Robert Huber of Switzerland and the technology further developed by Dr. Marco Ganser at the Swiss Federal Institute of Technology in Zurich, later of Ganser-Hydromag AG (est.1995) in Ober?geri.
The first successful usage in a production vehicle began in Japan by the mid-1990s. Dr. Shohei Itoh and Masahiko Miyaki of the Denso Corporation, a Japanese automotive parts manufacturer, developed the Common Rail fuel system for heavy duty vehicles and turned it into practical use on their ECD-U2 common-rail system mounted on the Hino Rising Ranger truck and sold for general use in 1995.[3] Denso claims the first commercial high pressure common rail system in 1995.[4]
Modern common rail systems, whilst working on the same principle sensor are governed by an engine control unit (ECU) which opens each injector electronically rather than mechanically. This was extensively prototyped in the 1990s with collaboration between Magneti Marelli,Centro Ricerche Fiat and Elasis. After research and development by the Fiat Group, the design was acquired by the German companyRobert Bosch GmbH for completion of development and refinement for mass-production Common Rail Nozzle . In hindsight, the sale appeared to be a tactical error for Fiat, as the new technology proved to be highly profitable. The Common Rail Injector Valve had little choice but to sell, however, as it was in a poor financial state at the time and lacked the resources to complete development on its own.[5] In 1997 they extended its use for passenger cars Common Rail Injector . The first passenger car that used the common rail system was the 1997 model Alfa Romeo 156 2.4 JTD,[6] and later on that same year Mercedes-Benz C 220 CDI.
Common Rail Shim & Gasket kit have been used in marine and locomotive applications for some time. The Cooper-Bessemer GN-8 (circa 1942) is an example of a hydraulically operated common rail diesel engine, also known as a modified common rail.

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