Dow Jones Industrial Average hits all-time high!

Really?  Not really.

My, how we are misled. Bernanke and company, at The Fed, keep printing money, worthless paper dollars. You and I could do the same with our ink jet printers and our paper money would also be worthless - but we could go to prison for doing it.

Today the DJIA hit $14,330.91, the vaunted new high. That's what it would cost to buy one share each of the 30 industrial stocks tracked by Dow-Jones. But remember, that's Bernanke Bucks. Imagine if we were to buy those shares with gold, money with real value. The average price of gold for 2013 stands at $1,578.00 per ounce. That means, it would take about nine ounces of gold to buy those thirty shares.

Back in 1929, the year of the great stock market crash, the DJIA averaged $381.17. That same year, the price of gold was $20.63. That meant it would have taken almost 18.5 ounces of gold to equal the DJIA. In other words, the DJIA in 1929 was over twice as high as today.

In America, we are so conditioned to believe that the value of a dollar is consistent, that when the dollar price of something increases, we think it has actually increased in value. If we still had those good old Silver Certificates of yore to spend, that would be true. Not so with Bernanke Bucks - officially known as Federal Reserve Notes.