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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jon Koplik who wrote (12951)10/30/2011 3:35:08 AM
From: John Pitera2 Recommendations  Read Replies (1) of 33421
 
Jon, lets talk purchasing power, you could buy a house in 1913 for about 4,000-5,000 that today after the huge decline in house prices will set you back 100,000 to 200,000. Food prices where substantially lower, as were farmland prices and the price of real estate in general.

from the 1870's and going into 1905 we had 35 years of overall declining prices. And there were bonds that were paying yields at that point. Look at the price of Gold, Silver, any industrial metal, they were substantially lower.

I really think they are two different issues.

John
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