Comparisons to the last hard asset bull market (1966-1980)



Gold

alt

(top of chart limited to show more detail for current period - actual top about $5800)





Silver

alt

(top of chart limited to show more detail for current period - actual top about $190)





Oil

alt





Barron's Gold Mining Index (BGMI) & S&P 500

alt





TBonds & CPI+lies

alt





S&P 500

alt





Corn

alt





CRB commodity index

alt

Note that the CCI data has been used since mid 2006 when the CRB definition was changed.





CRB foodstuffs index

alt





CRB livestock index

alt





CRB metals index

alt





The US dollar

alt





The hard vs. paper asset cycle since 1966

alt






An alternate picture of where we are in the cycle

alt





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.


alt