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<p>[QUOTE=&quot;Marshall, post: 1105239, member: 21705&quot;]I think it will go even lower, but not quite that quick. First we have to pass the Hyperinflation crisis, then the Fed will have to be replaced en mass as the Debt monetization plan proves disastous. When the downward pressure on the value of the dollar ends and rate of return once again becomes a bigger issue than capital conservation, only then will the price fall steadily. Remember - commodities have 0 rate of return other than the movement of the price of the commodity and it is usually associated with some ongoing expense (storage, protection, etc.)</p><p><br /></p><p>I&#039;d guess we&#039;re at the 1974 point in this cycle and we still have to go throught the Carter Hyperinfaltion stage, Reagan reaction stage and a couple of years of actual economic growth. This cycle takes about 10 years.</p><p><br /></p><p>Mark my word, a mortgage below 12% will soon be a distant memory, even though it looks ridiculously bad today.[/QUOTE]</p><p><br /></p>

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