Mark J Lundeen
Every now and then it’s good to take a long term look at the market, so here’s a 128 year chart of the Dow Jones Industrials going back to 1885; weekly closing price basis. The Dow Jones published price is plotted in red and uses the...
Currently, the Federal government is in “shut-down” mode as House Republicans refuse (at least so far) to provide funding Obamacare. You can be sure that any part of the government that is important to the politicians is unaffected in the...
I like watching the old B&W programing from the golden age of TV; shows from the late 1940s to the early 1960s. It’s amazing how many financial concerns one generation shares with another. I got the following from the 1950s George...
I haven’t shown the following chart since last winter when it appeared the Dow Jones was working on a Head & Shoulder top; hence the three half circles over the 2000, 2007 and our current 2013 advance. With the Dow Jones now...
Since 2011 the gold and silver markets have been under pressure. Then in June of this year they appeared to have found their bottom with August delivering some nice price advances off the June lows. Everyone was optimistic that come...
Investors have the choice of risking their money in various markets. Let’s see how things have gone for stocks, US T-bonds and the old monetary metals since the top in the US Treasury bond market in Barron’s 4 June 2012 issue. Looking...
The US national debt is approaching seventeen trillion dollars. That’s an awful lot of money to have to pay back. Decades ago, it was widely acknowledged that while America’s debt was huge, it was manageable as US Treasury debt was an...
There is good reason to believe that gold and silver has just passed a historic low in their bull market correction. Here’s a chart comparing the 1982-2000 Dow Jones (Blue Plot) and NASDAQ Composite (Red Plot) bull markets (weeks 1 to 918...
When Obama first entered the White House four years ago, CinC was at $881 billion dollars. Today it is approaching $1,200 billion dollars, an increase of 35%. This is just for the number of paper dollars and pocket change circulating in...
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...
