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gtober

12/06/08 3:02 PM

#136770 RE: porter #136769

Or flat markets and a long term inflationary rise. Or nothing.

I like the chart, but in terms of price implications, I think it's next to impossible to make any useful conclusions.
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ajtj99

12/06/08 3:07 PM

#136771 RE: porter #136769

We could go sideways to up in an inflationary environment as well. The longest period on that chart from low to peak was 49-years (1857-1906). We're 26-years away from the 1982 lows.