17.03.2011 - Commodities now resembling tops of 1951 and 1980
From Minyanville.com: The first pattern we shall examine is the 1951 to 2011 analog. Let’s get into a little bit of fundamental background before we examine the charts. The commodity bull market which ended in January 1951 perhaps shares more similarities to the current situation than any other. Back then people were worried about debt. At the end of 1950 the Public Debt/GDP was 87%. At the end of 2010 the Public Debt/GDP was 93%..............................................Full Article: Source
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