When wages are calculated by a gold standard, we see that the wage of production workers is as low as it has been since 1980 (representing an all-time low).
What if You Were Paid in Gold?
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When wages are calculated by a gold standard, we see that the wage of production workers is as low as it has been since 1980 (representing an all-time low).
Based on historical P/Es of the S&P 500, we can predict how much lower it is capable of dropping.
Oil prices are rapidly approaching the $100 per barrel marker. We will observe how different corporations are responding to the rapid increase in price, and if there is any incentive for companies to drill for more oil.