Its Weight in Gold: The Real Prices of Things
June 20, 2011 at 09:26 AM EDT
By Charles Vollum, Casey Research Fiat currencies the world over are being manipulated by central banks, which is distorting asset and commodity prices. Successful investing requires that investors have a good idea of what things cost and what they are really worth – and using the world’s oldest and most stable form of money, gold, to compare prices is one way to get that insight. To that end, below is a sampling of current prices measured in grams or milligrams of gold. Price comparisons are against prices as of June 10. Currency Watch: Change from: Price in Gold Week ago Year ago USD 20.3 mg 0.7% -20.4% CAD 20.8 mg 0.7% -15.7% EUR 29.7 mg 1.9% -3.9% . . . → Read More: Its Weight in Gold: The Real Prices of Things