Detour Gold Corp DRGDF

That was then, this is now...

[truthbetold]

 

Daily Pfennig

Then There was This. my good friend, Rick sent me some data the other day, that he said, “as soon as I saw it I thought of you”. It’s a “then and now”  thing. the “then” was 2008, start of financial meltdown. so here you go, it’s not pretty. Since the financial meltdown to now.

Dow Jones Industrial Average: Then 14164.5; Now 14164.5 Regular Gas Price: Then $2.75; Now $3.73 GDP Growth: Then +2.5%; Now +1.6% ;Americans Unemployed (in Labor Force): Then 6.7 million Now 13.2 million; Americans On Food Stamps: Then 26.9 million Now 47.69 million; Size of Fed’s Balance Sheet: Then $0.89 trillion  Now $3.01 trillion; US Debt as a Percentage of GDP: Then ~38%; Now 74.2%( I know it to be 95%) Total US Debt Outstanding: Then $9.008 trillion; Now $16.43 trillion; US Household Debt: Then $13.5 trillion; Now 12.87 trillion; Labor Force Participation Rate: Then 65.8% Now 63.6% Consumer Confidence: Then 99.5; Now 69.6; S&P Rating of the US: Then AAA Now AA+; 10 Year Treasury Yield: Then 4.64%  Now 1.89% USDJPY: Then 117; Now 94; EURUSD: Then 1.4145; Now 1.3050 Gold: Then $748 Now $1583 NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares .