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

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To: E. Charters who wrote (87037)9/28/2007 3:23:43 PM
From: Perspective  Read Replies (1) of 110194
 
So the sequence of price moonshots started with oil, then progressed to food, then gold followed, and finally the discount rate soared?

Some of this can be dug out of historical databases, but it would be nice to have a personal memory of it all as you have. Also, I always question the accuracy of the statistics given how tortured they are these days.

Some are comparing 2007 to 1974, but I've concluded that they are not even close to equivalent. We *may* be in a position like 1972 or 1973, but by the time gold finally took off, the commodity indices had already had their moonshot.

BC
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