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<p>[QUOTE="John King, post: 2432338, member: 78398"]Cascade</p><p><br /></p><p> As you say we just had pm's go bonkers in 2011. Is it more likely they will go bonkers again, or revert to inflation adjusted average. You know that markets tend to revert to their mean averages adjusted for inflation. We are in a slight uptrend from a downtrend following a wild pm bull market. After 1979 it took almost 30 years to have another pm serious bull market. It took 40 years after the 1930 pm bull to have another in 1979-80. Since 1900 stocks have averaged about 8% given all the bull and bear markets. These things tend to average out if you can wait 100 years. I guess my question was just to stir the pot since nobody knows where markets are going for anything. If we did we would all be billionaires like Warren Buffett.[/QUOTE]</p><p><br /></p>
[QUOTE="John King, post: 2432338, member: 78398"]Cascade As you say we just had pm's go bonkers in 2011. Is it more likely they will go bonkers again, or revert to inflation adjusted average. You know that markets tend to revert to their mean averages adjusted for inflation. We are in a slight uptrend from a downtrend following a wild pm bull market. After 1979 it took almost 30 years to have another pm serious bull market. It took 40 years after the 1930 pm bull to have another in 1979-80. Since 1900 stocks have averaged about 8% given all the bull and bear markets. These things tend to average out if you can wait 100 years. I guess my question was just to stir the pot since nobody knows where markets are going for anything. If we did we would all be billionaires like Warren Buffett.[/QUOTE]
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