Seeking Alpha

John Lounsbury's  Instablog

John Lounsbury
Send Message
John Lounsbury, Managing Editor and Co-founder of Global Economic Intersection, provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25... More
My company:
John B Lounsbury CFP
My blog:
Global Economic Intersection
  • Gold - How Can Some See a Bubble and Others Can't? 8 comments
    Aug 26, 2011 6:31 PM | about stocks: GLD, QQQ
    More great stuff today from the  5 Min. Forecast.

    The first graph is a completely accurate graph comparing the current gold market to the Nasdaq dot.com bubble.

    The second graph shows the same comparison.


    The second graph shows the 1971-82 gold price graph, which was, by most determinations, a bubble.

    This is a test:  Why do the two graphs give such a different picture?

    Answer:  Look at the two y-axes in the first graph.  The scale on the left (for gold) is expanded by nearly a factor of 3 vs. the right side scale (Nasdaq).  The second graph has both price charts on the same scale.

    What a difference honest comparisons can make.
    Themes: Gold, dot.com, bubble Stocks: GLD, QQQ
Back To John Lounsbury's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (8)
Track new comments
  • Michael Clark
    , contributor
    Comments (8357) | Send Message
     
    John: Have you been blacklisted by SA? I don't see your articles any longer. I love it how they have sent the instablogs into the stratosphere, so they are difficult to find.

     

    The end of the rally happened on Friday -- I think -- even with the Bernanke orgiastic spurt at the end.

     

    seekingalpha.com/insta...

     

    Hope you are well. Good luck with the storm. Are you in the path?

     

    Gold until 2019.
    27 Aug 2011, 06:50 AM Reply Like
  • John Lounsbury
    , contributor
    Comments (3970) | Send Message
     
    Author’s reply » Michael - - -

     

    Good to hear from you.

     

    No blacklist. I have simply been overworked with client needs and Global Economic Intersection.

     

    I want to get more material on Seeking Alpha, but that means I have to write more and spend less time being an editor. I am working on making that happen.
    27 Aug 2011, 03:43 PM Reply Like
  • Michael Clark
    , contributor
    Comments (8357) | Send Message
     
    And the storm? Are you alright?
    28 Aug 2011, 01:44 AM Reply Like
  • John Lounsbury
    , contributor
    Comments (3970) | Send Message
     
    Author’s reply » Michael - - -

     

    We were on the edge of the storm and suffered no ill effects whatsoever. However, areas that I lived in most of my life in the northeast have been hard hit.

     

    Thanks for asking.
    29 Aug 2011, 03:10 PM Reply Like
  • optionsgirl
    , contributor
    Comments (5045) | Send Message
     
    I would love to see a chart of gold's path superimposed upon a chart of the margin increases required!
    27 Aug 2011, 04:25 PM Reply Like
  • John Lounsbury
    , contributor
    Comments (3970) | Send Message
     
    Author’s reply » OG - - -

     

    As I have time I'll look for that or for the data and do the graph. The key part of that is "as I have time."
    29 Aug 2011, 03:12 PM Reply Like
  • Leftfield
    , contributor
    Comments (3755) | Send Message
     
    Too bad Roubini is so determined to make a point and a splash he forgot about the truth. Nice job pointing it out; some of us need all the help we can get sorting out the truth and it's likely implications.
    27 Aug 2011, 11:59 PM Reply Like
  • curious_investor
    , contributor
    Comments (7) | Send Message
     
    Very insigthful. thanks.:)
    30 Aug 2011, 08:59 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.