The True Dollar Journal now covers the stock indices of nearly 85% of world GDP in True Dollars™.
With floating exchange rates, many believe their stock markets are up when often their markets are down or flat. How can this be?
Reporters of the Established media report prices in the current banknotes. They never account for cash accretion — the ever growing sum of cash in circulation.
The only way to know if your portfolio is up truly is to have your portfolio holdings quoted in by an invariant measure, a permanent yard stick. That is what measuring in True Dollars does for you and that is what the True Dollar Journal is all about.
After the close of U.S. markets on Friday, the True Dollar Journal will give you updated charts quoted in True Dollars along with growth and decline measures.