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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (21478)1/16/2005 11:04:06 PM
From: GraceZ  Respond to of 116555
 
I thought about that after I posted a few hours later and realized that I didn't state it quite right and it may no longer be true even though we are far below the real historic high set in 1981. To get the real price of oil you have to remove the currency effect (the dollar relative to other currencies) as well as monetary inflation in each currency. Not an easy calculation. This document attempts to do it:

globalfindata.com