The Increasing Gold Supply And Its Effect On Security Values; Interest Rates; Commodity Prices, Etc

Cover The Increasing Gold Supply And Its Effect On Security Values; Interest Rates; Commodity Prices, Etc
The Increasing Gold Supply And Its Effect On Security Values; Interest Rates; Commodity Prices, Etc
Gibson, Thomas, 1868-
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There is nothing in an elucidation of this subject to excite emotional or dramatic thrill, but in it there will be found more than the germ of a great truth which can be studied with profit by every man who has a dollar or expects to get one — studied understanding^ This article was specially prepared for the market letter service.
59 60 and its meaning, force and bearing as an ever- present business and market factor grasped with proper appreciation.
We do not need to be told that most things
...purchasable with money have advanced heavily in price during the last decade. It is of com- mon knowledge why this is the case, yet the philosophy of the subject is rarely adverted to in conversation or discussion. It is sedulously avoided as wearisome or abstruse, yet it is to- day the very core and essence of our business life, and incidentally the weightiest considera- tion in the making of the stock market. It bears specifically on every pocket-book.
The general rise in prices which has been going on during the past ten or twelve years has kept substantial pace with the increase in the production of gold and the stock of gold money.


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