by argentus maximus, TF Metals Report:
That’s the big question, isn’t it after all?
“But there’s no inflation!” say those who accept official numbers, whose fund performance requires to look as good as possible and so on. “Au contraire!” say those who actually buy their food energy and don’t get paid to affect blindness, “It’s running at 5-10-15 (pick your percentage) !”
What can we do with this problem? Here is one analyst’s quirky view….
That’s the Nikkei above, so it is, all 30+ years showing the final months of the Japanese bull, and the lost decade … uh oh … the lost three decades.
Now let’s have a look at the S&P which is surely totally different from the sorry tale of Japanese stocks shown above. Here it is:
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