Nice post. I would add that eventually increase in money supply is likely to trump everything. <A HREF="http://www.nowandfutures.com/images/m3b.png" target="_blank">http://www.nowandfutures.com/images/m3b.png</A> (Borrowed the chart from SI <A HREF="http://siliconinvestor.advfn.com/profile.aspx?userid=9093591)" target="_blank">http://siliconinvestor.advfn.com/profile.aspx?userid=9093591)</A>