Comparisons to the last hard asset bull market (1966-1980)
Note: all charts (except the ones with CRB sub index data) are based on weekly data and are updated weekly. The ones with CRB sub index data are also updated weekly, but the data is only updated monthly - around mid month.
(top of chart limited to show more detail for current period - actual top about $5800)
(top of chart limited to show more detail for current period - actual top about $190)
Barron's Gold Mining Index (BGMI) & S&P 500
TBonds & CPI+lies
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
M3 money supply
The US dollar
Gold silver ratio
BGMI gold ratio
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.