Updating our Commodity (and other) Charts

Updating our Commodity (and other) Charts

May 10, 2009

 

Time to take a look at the value of various assets compared to real money, gold.

 

Updating our Commodity (and other) Charts

Crude oil fell to about its lowest in history.

Updating our Commodity (and other) Charts

Natgas also crashed.

Updating our Commodity (and other) Charts

Copper bounced off all-time lows.

Updating our Commodity (and other) Charts

Wheat grinding around all-time lows.

Updating our Commodity (and other) Charts

Updating our Commodity (and other) Charts

Corn and beans about the same.

Updating our Commodity (and other) Charts

Updating our Commodity (and other) Charts

Cattle has actually made new lows. The great rancher liquidation continues.

Updating our Commodity (and other) Charts

Updating our Commodity (and other) Charts

All-time lows.

Updating our Commodity (and other) Charts

source: Bullionvault.com

UK house prices could fall anothe 2/3rds in gold terms.

Updating our Commodity (and other) Charts

source: Bullionvault.com

US house prices could fall another 50% in gold terms.

Updating our Commodity (and other) Charts

source: JSMineset.com

Updating our Commodity (and other) Charts

source: JSMineset.com

Updating our Commodity (and other) Charts

source: Casey Research

Wow. It’s pretty clear to me that we shouldn’t be spending more than 6% of GDP on healthcare. Which is more than the 7.5% or so that is already being spent by the U.S. government. A reasonable health system might have 5% state-run and 1% private discretionary.