The Global Unanimocracy Network used to run a daily update on the financial markets, but rather than focusing on the dollar-value of goods and investments, we compared strictly the value of each market in terms of gold ounces.  As of January 2, 2009, we will be restarting the daily financial recap of an assortment of important items and investments.

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

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

January 2, 2009

Gold: $874.50, change +0.546% | Previous Market Value: $869.75 12/30/2008

Silver: 0.0127 ounces ($11.08), +2.419% | Previous Market Value: 0.0124 ounces ($10.79) 12/31/2008

DJIA: (Market Not Closed) | Previous Market Value: 10.091 ounces (8776.39) 12/31/2008

NYMEX: (Market Not Closed) | Previous Market Value: 0.050 ounces ($43.41) 1/1/2009

We will update the DJIA and NYMEX markets upon market close today.  Future updates will occur after all markets have closed.

Do you have an investment, commodity or other regularly published market price you’d like to see covered and added to our chart?  Leave a comment below.

Related posts:

1. G.U.N. Gold Financial Recap, January 5, 2009
2. G.U.N. Gold Financial Recap, January 7, 2009
3. G.U.N. Gold Financial Recap, January 6, 2009
4. G.U.N. Gold Financial Recap, January 14, 2009
5. Gold Market Recap, May 26, 2006
6. Gold Market Recap (April 25, 2006)
7. Gold Market Recap and News, May 18, 2006
8. The DJIA, NASDAQ, price of gold and silver: they don’t matter
9. Gold Market Recap Mar 10, 2006
10. Silver ETF warnings and the Gold Market Recap (April 5, 2006)