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Gold/Mining/Energy : ECHARTERS
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From: E. Charters8/5/2011 2:54:13 PM
   of 3744
 
InfAdj Column is the price of gold inflation adjusted to 2010.

1yd.C. is the inflation adjusted cost of moving a yard of gravel by bucket line dredge based on 1904 cost of $0.036 per cu. yard. This is higher than the real cost circa 1958 which is $0.0873 per cu. yd. experienced by the Natomas company. Inflation adjusted to 1904 this would be $0.0271 per cu. yd.

The cost column is adjusted again in 1987 to the real cost for the Yuba company @ 0.81 per cu. yd. (in California.) After 1987 the costs are inflation-adjusted by the CPI to today.

The average income of the dredges varied between 3.11 cents in 1904 dollars, to $1.09/cu. yd. The Natomas company took in 10.19 1959-cents per cu.yd. at a cost of 9.56 1959-cents. Another company in 1904 took in 20 cents per yard for a cost of 0.036 per yard.

The cost column is the supposed real cost for that year's dollars, calculated from 1884 to 1951 from 1904 costs by inflation.

In 1987 we start with real costs and inflate the cost in each year to produce a presumed cost in that year.


             POG                                 POG                        POG 
     Gold   2010     Cost  Cost        Gold     2010    Cost       Gold     2010     Cost   ost   
Year Price  InfAdj.  1yd.C. Fact. Yr. price   InfAdj  1yd.C.  Yr. Price  Inf.adj. 1 Yd.C. Fact.
                                                             1987 447.00  844.83   0.81   551 
1884 18.94  453.61   .036   526  1936 34.87   542.57  .055   1988 437.00  795.34   0.84     
1885 18.94  453.61   .036        1937 34.79   522.54  .057   1989 381.00  662.94   0.88   
1886 18.94  453.61   .036        1938 34.85   533.66  .056   1990 383.51  632.79   0.83  461        
1887 18.94  453.61   .036        1939 34.42   524.54  .055   1991 362.11  572.13   0.97 
1888 18.94  453.61   .036        1940 33.85   520.27  .056   1992 343.82  526.04   0.99
1889 18.93  453.61   .036        1941 33.85   495.56  .059   1993 359.77  536.06   1.03
1890 18.94  453.61   .036        1942 33.85   447.83  .065   1994 384.00  556.80   1.05
1891 18.96  453.61   .036        1943 33.85   422.11  .069   1995 383.79  544.98   1.08 
1892 18.96  453.61   .036        1944 33.85   415.00  .070   1996 387.81  535.18   1.12
1893 18.96  453.61   .036        1945 34.71   415.82  .072   1997 331.02  446.88   1.13  
1894 18.94  471.31   .035        1946 34.71   383.20  .078   1998 294.24  391.34   1.15 
1895 18.93  490.12   .033        1947 34.71   334.95  .089   1999 278.98  362.67   1.18
1896 18.98  490.63   .033        1948 34.71   311.01  .096   2000 279.11  348.88   1.22   
1897 18.98  490.63   .033        1949 31.69   286.79  .095   2001 271.04  333.38   1.24
1898 18.98  490.63   .033  527   1950 34.72   311.09  .096   2002 309.73  371.68   1.27   243 
1899 18.94  489.60   .033        1951 34.72   288.17  .104   2003 363.38  428.79   1.30
1900 18.96  490.12   .033        1952 34.60                  2004 409.72  467.08   1.34   305 
                                                             2011 1500      --     1.53   900.4

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