Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investing Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Money Management
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup

Yay, Yay Claude Monet

May 16, 2019 By E.J. Smith

Yesterday Claude Monet’s famed 1890 painting, “Haystacks”, sold for $110 million—a record for the impressionist— “to an unidentified woman who had to raise her paddle aloft to be spotted from the second-to-last row of Sotheby’s in New York,” writes Kelly Crow in The WSJ.

To Your Survival Guy’s trained eye (ha!), I like the yellow and pink, and not to be rude, but the whole thing’s a little blurry. Just saying. As I was walking the grounds of his beautiful home and gardens in Giverny, France, it’s easy to feel as if one could find the inspiration to paint something as exquisite.

But $110 million? That’s 44 times the price it fetched—$2.5 million—when it was last auctioned in 1986 explains Crow. Haystacks’ sale was the first to cross $100 million—another record for any impressionist work of art.

This is what happens when the Fed turns your dollars into mini-dollars.

Claude Monet’s Haystacks. By Everett – Art @ Shutterstock.com

In another example, take a look at the S&P/Case-Shiller 20-City Composite Home Price Index and draw your own conclusions about mini-dollars looking for a place to hide.

Originally posted on Your Survival Guy. 

A visit to Claude Monet’s garden at Giverny

Read part II here.

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • Yay, Yay Claude Monet, Part II
  • Your Retirement Life: Enjoy Monet like a Rockefeller
  • Your Retirement Life: A Luxury African Safari
  • Author
  • Recent Posts

E.J. Smith

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306.

He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@youngresearch.com.

Latest posts by E.J. Smith (see all)

  • Your Retirement Life: Bruins Great Tim Thomas - December 13, 2019
  • Your Retirement Life: Bobby Orr During his Prime - December 12, 2019
  • This is What Troubles Me About Safe Deposit Boxes - December 11, 2019

Search Young Research

Most Popular

  • Preferred Stock vs. Common Stock: What You Need to Know
  • Your Retirement Life: This State is Dominant Once Again
  • This is What Troubles Me About Safe Deposit Boxes
  • The Power of a Compound Interest Table
  • Vanguard GNMA Outlook 2020
  • A Tax-Free Savings Plan for Your Grandchild
  • The First Question You Should Ask Before Investing
  • Rich State, Poor State Rankings: This One Tops New England
  • Your Retirement Life: “My life Has Always Been One of Very Good Fortune”
  • Is USMCA Ratification Imminent?

DON’T MISS

Risk & Reward: An Efficient Frontier
The Highest Yielding S&P 500 Stocks
The Power of a Compound Interest Table
Is Gold a Good Long-term Investment?
How to Invest in Gold
You’ve Read the Last Intelligence Report, Now What?
For Investors who Want to Stop Worrying About a Market Crash
Dividend Kings: Are Dividend Kings the Best Dividend Stocks to Buy?
The Highest Yielding Dow Stocks
Vanguard Wellington (VWELX): The Original Balanced Fund
What is the Best Gold ETF for Investing and Trading?

RSS The Latest at Richardcyoung.com

  • Johnson’s Landslide Tory Victory Crushes Corbyn the Communist
  • Promises from Nancy – Quid Pro Quo?
  • Will Pelosi Go Down with Her Sinking Ship?
  • Tucker Decapitates the “Clubby, Corrupted, Status Quo” Establishment
  • Congratulations Hall of Fame Goalie and Boston Bruins Great Tim Thomas
  • Matalin: Trump a Stunning Paradigm Shift, Everything Can Be Done
  • Democrats Don’t Want Voters to Decide Trump’s Fate in 2020
  • Bribery and Extortion Gone Missing?
  • This is how Great Bobby Orr was During his Prime
  • Look at these Numbers: Can Trump Lose in 2020?

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Social Media

  • Facebook
  • Twitter
  • Youtube
  • Pinterest

Copyright © 2019 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.