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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: bart13 who wrote (76510)12/23/2006 10:22:12 PM
From: Real Man  Read Replies (2) of 110194
 
Interesting chart on your site, regarding the behavior of
the German stocks in 1921-1923. It seems strange
that stocks grew 10-fold in dollar terms during 1922-23
hyperinflation incident, while the real economy was
a disaster, and the unemployment soared. 20 dollars were
1 gold oz at that time, if I'm not mistaken, so German
stocks/gold ratio actually grew 10-fold during the
hyperinflation. Something to learn for the bears.

I don't think a significant decline in US stocks will
be allowed, as the spike rallies clearly demonstrate our
markets are no longer free. So, some profit taking before
going higher.

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