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 5, 2009

Gold: $853.50, change -2.40% | Previous Market Value: $874.50 1/2/2009

Silver: 0.0130 ounces ($11.07), +0% | Previous Market Value: 0.0127 ounces ($11.08) 1/2/2008

DJIA:  10.4896 ounces (8,952.89), +1.53% | Previous Market Value: 10.3313 ounces (9034.69) 1/1/2009

NYMEX: 0.0569 ounces ($48.56),  +6.954% | Previous Market Value: 0.0532 ounces ($45.42) 1/2/2009

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 2, 2009
2. G.U.N. Gold Financial Recap, January 6, 2009
3. G.U.N. Gold Financial Recap, January 7, 2009
4. G.U.N. Gold Financial Recap, January 14, 2009
5. Gold Market Recap, May 26, 2006
6. The DJIA, NASDAQ, price of gold and silver: they don’t matter
7. Gold Market Recap (April 26, 2006)
8. Can silver and gold go higher?
9. Gold and precious metals pricing in 2009
10. Gold: Not just up for the year, but WAY up.