Comparisons to the last hard asset bull market (1966-1980)
Gold
(top of chart limited to show more detail for current period - actual top about $5800)
Silver
(top of chart limited to show more detail for current period - actual top about $190)
Oil
Barron's Gold Mining Index (BGMI) & S&P 500
TBonds & CPI+lies
S&P 500
Corn
CRB commodity index
Note that the CCI data has been used since mid 2006 when the CRB definition was changed.
CRB foodstuffs index
CRB livestock index
CRB metals index
The US dollar
The hard vs. paper asset cycle since 1966
An alternate picture of where we are in the cycle
Note: All charts are just estimates and an exercise, and are in no way meant to be taken as an actual forecast of any kind.
