Heavy Lifting - thoughts and web finds by an economist
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Wednesday, January 26, 2011

Have we seen this movie before?

http://sphotos.ak.fbcdn.net/hphotos-ak-snc6/hs275.snc6/180326_10150125260171694_714666693_7760352_5702211_n.jpg

Hmmmmm......this picture looks a lot like another picture we saw in 2007 in real estate. This is the nominal price of gold over the past thirty years.

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