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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jrhana who wrote (25409)12/11/2003 10:50:15 PM
From: gold$10k  Read Replies (1) of 39344
 
<<I mean who knows but this real estate (and stock market too come to think of it) crash sure has not arrived yet.>>

I'm thinking 70's rather than 30's because from the depression they learned not to tighten the money supply and make things worse in a way that is obvious to the general public. Easy money gives a 70's scenario in which the DOW kept coming back to its previous high (and even a little above) after a 20-30% dip...

home.earthlink.net

but an inflation-adjusted chart shows the real bear market damage.

home.earthlink.net

The same may also be true in real estate... the price is the same in dollars, but the dollar is now worth 30 cents.

vt
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