OMG Dow Jones Record High!!
250,000-mile Club President
Joined: Nov 2002
Posts: 4,770
From: Bizerkeley
Car Info: MBP 02 WRX wagon
If you calculate the Dow using real money - gold - you find an even worse picture. Measured in Gold, today's Dow is equivalent to only about 5,100! Using an average gold price of $275 in 2000, we establish our year 2000 benchmark: 10,750/275= 39. Using today's gold price of $580, we have 10750/580=18.5 From 39 to 18.5 is a 52.5% drop, which is equivalent to only Dow 5K!
i love it when people who probably only took two econ classes their entire lives act as if they worked for the ****ing federal reserve as an economist...
how about this guys.. why dont you guys entertain me by trying to explain nash theory and how it applies to economics...
how about this guys.. why dont you guys entertain me by trying to explain nash theory and how it applies to economics...
Thread Starter
iClub Silver Vendor
iTrader: (25)
Joined: Nov 2002
Posts: 15,494
From: Participating in some Anarchy!
Car Info: 2005 LGT wagon
Originally Posted by dr3d1zzl3
i love it when people who probably only took two econ classes their entire lives act as if they worked for the ****ing federal reserve as an economist...
how about this guys.. why dont you guys entertain me by trying to explain nash theory and how it applies to economics...
how about this guys.. why dont you guys entertain me by trying to explain nash theory and how it applies to economics...
It must be really ****ty having to deal with us mere mortals
dre's head...........................mere mortal's head
Originally Posted by psoper
If you calculate the Dow using real money - gold - you find an even worse picture. Measured in Gold, today's Dow is equivalent to only about 5,100! Using an average gold price of $275 in 2000, we establish our year 2000 benchmark: 10,750/275= 39. Using today's gold price of $580, we have 10750/580=18.5 From 39 to 18.5 is a 52.5% drop, which is equivalent to only Dow 5K!
Originally Posted by Paul@dbtuned
Hey, I saw Goodwill Hunting, too!!
It must be really ****ty having to deal with us mere mortals
dre's head...........................mere mortal's head
It must be really ****ty having to deal with us mere mortals
dre's head...........................mere mortal's head
at least you tried...
Registered User
iTrader: (1)
Joined: Jul 2006
Posts: 2,106
From: Mount Vernon, Washington
Car Info: 2002 WRX
Originally Posted by psoper
If you calculate the Dow using real money - gold - you find an even worse picture. Measured in Gold, today's Dow is equivalent to only about 5,100! Using an average gold price of $275 in 2000, we establish our year 2000 benchmark: 10,750/275= 39. Using today's gold price of $580, we have 10750/580=18.5 From 39 to 18.5 is a 52.5% drop, which is equivalent to only Dow 5K!
Thread
Thread Starter
Forum
Replies
Last Post
stupidchicken03
Meetings, Events and Group Streaking
23
Sep 14, 2011 11:38 PM
soggynoodles
Sacramento & Reno
37
May 24, 2005 08:53 AM
nachomc
Sacramento & Reno
27
Sep 24, 2004 02:26 PM