Barrons Gold Mining Index: A Ninety Six Year Study
Originally, Barrons Gold Mining Index (BGMI) was one group of about twenty five in the now discontinued Barrons Stock Averages data set. Barrons from 1938 to 1988, published weekly values
Originally, Barrons Gold Mining Index (BGMI) was one group of about twenty five in the now discontinued Barrons Stock Averages data set. Barrons from 1938 to 1988, published weekly values
Gold vs Barrons Gold Mining Index BGMI by Dan Popescu. One cannot understand gold without understanding its supply side. Although gold production accounts only for of existing aboveground gold it still represents 64 of the gold market supply.
The Barrons Gold Mining Index (BGMI) goes back all the way to 1939 but unfortunately it is not updated automatically. The quot;Philadelphia Gold and Silver Indexquot; (XAU) is an index of thirty precious metals mining companies and it goes back to 1983. Today, the XAU is THE benchmark for companies in the mining sector for precious metals. This comparative chart shows how the mining stocks
Yes, from 2001 (chart below) the Barrons Gold Mining Index (BGMI) was on an enhancement; then came the subprime mortgage crisis and the miners got whacked 70% from the seven months from March to October 2008. ? However, in October 2008 they broke towards the upside five months until the remainder of the market bottomed in March 2009. ?W
28/4/2020#0183;#32;Regardless of the historical index we use (Barrons Gold Mining is below), each one generates the same conclusions. There is one massive and epic breakout (the early 1960s), one that had a chance but ultimately failed to duplicate that historic breakout due to postcrisis disinflation (2005) and several smaller breakouts that were followed by strong performance (1972, early 2000s). Barron
31/8/2020#0183;#32;One Hundred Years Of The Barrons Gold Mining Index by Mark J Lundeen for GoldEagle. The Dow Jones Index closed the week in scoring position; that is within 5% of its last alltime high in its BEV chart below. Closing this gap, and once again making new BEV Zeros in the BEV chart below is almost a guarantee in the weeks to come, maybe by next Friday. In weeks past Ive frequently
Barron''s Gold Mining Index 1920 Examining BGMIs blue plot with CinCs green plot above, note during the 1930s the BGMI enjoyed a bigger bull market in the Great Depression than did the Dow Jones...
#0183;#32;Yes, beginning in 2001 (chart below) the Barrons Gold Mining Index (BGMI) was off to a good start; then came the subprime mortgage crisis and the miners got whacked 70% in the seven months from March to October 2008. However, in October 2008 they broke to the upside five months before the rest of the market bottomed in March 2009.
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#0183;#32;Originally, Barrons Gold Mining Index (BGMI) was one group of about twenty five in the now discontinued Barrons Stock Averages data set. Barrons from 1938 to 1988, published weekly values for industry groups such as gold mining, steel, automobile manufacturing and others.
This is the performance of the Barrons Gold Mining Index leading up to and after Wells recommendation to sell gold. In the same period of time that Wells made the call for a crash in precious metals, gold declined 33% and silver declined 25%. This is what we would consider an expert opinion on the topic of precious metals.
Comparing longterm goldmining bull markets100 . The following weekly chart of the BGMI/gold ratio (the Barrons Gold Mining Index relative to the bullion price) reveals that the gold mining sector did very well relative to gold during and then embarked on a substantial longterm decline.
Dow Jones, Barron''s Gold Mining Index amp; CinC | Gold Eagle. However, this is all a theory, though a compelling one. But I can''t chart theories, so, I thought maybe it''s time to revisit my charts on the Dow Jones, Barron''s Gold Mining Index (BGMI) and US Currency in Circulation (CinC).
Barrons Gold Mining Index. Seven decades of recorded price history found in the Barron''s Gold Mining Index. To purchase the BGMI historical dataset (1939current) for 10 click button. Historical Gold price dataset (1920current) for 10 click button.
Looking at market advances (two tables above), the XAU gold mining index remains the top performer since the Dow Jones March 23 rd bottom, with silver bullion coming in at #2. The XAU began in 1983, but I have Barrons Gold Mining Index (BGMI) data going back to 1920.
Gold vs Barrons Gold Mining Index (BGMI) by Dan Popescu. One cannot understand gold without understanding its supply side. Although gold production accounts only for % of existing aboveground gold, it still represents 64% of the gold market supply.
For 10 years buying gold coins mining has long been an exercising in futility. ?Yes, from 2001 (chart below) the Barrons Gold Mining Index (BGMI) was on an enhancement; then came the subprime mortgage crisis and the miners got whacked 70% from the seven months from March to October 2008. ? However, in October 2008 they broke towards the upside five months until the remainder of the market
Barrons began publishing data on its Barrons Gold Mining Index (BGMI) in 1938. Its the sole survivor of the now discontinued Barrons Stock Groups (193888). In 1938, the BGMI consisted of two stocks, Homestake Mining and Alaska Juneau Gold. One of my readers from Australia, Geoff, was kind enough to dig through old issues of the
Originally, Barrons Gold Mining Index (BGMI) was one group of about twenty five in the now discontinued Barrons Stock Averages data set. Barrons from 1938 to 1988, published weekly values for industry groups such as gold mining, steel, automobile manufacturing and others.
7/9/2017#0183;#32;Barron''s Gold Mine Index. 2. Barron''s Gold Mine Index, since 1940: Click for PDF version. Facebook Google+ Twitter Pinterest. Email Print. Comments on Barron''s Gold Mine Index . September 7, 2017. Reply. SMK 6:24 am. Is this chart up to date (Sept. 2017?). Is the BGMI priced in gold really at an all time low or does the chart end in the beginning of 2016? Reply. SMK 6:52 am. nevermind,