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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

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To: John Hunt who wrote (23723)	12/3/1998 6:05:00 AM
From: John Hunt	Read Replies (3) of 116762

Gold In A Deflationary Global Economy Part- III ANALYZING HISTORY USING THE JASTRAM STUDY gold-eagle.com << Although our own database goes back 200 years, the Jastram study is the best to use not only because it contains data back to the year 1560, but because Jastram was able to keep the basket of commodities he used consistent from 1560-1976, and because I am able to keep them constant through the present day. This is true of his study of both the English experience and the American experience beginning in the year 1800. Additionally, Jastram was able to find a constant value for gold's purchasing power to which gold returned repeatedly throughout time, both in England and in America and both on and off the gold standard. This value is called parity and was assigned a value of 100 in Jastram's Gold Price Index (to which we'll refer as GPI). ..... >> If this link was posted earlier, I apologize in advance.

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