Saturday, 9 October 2010

The big picure has been an ugly one for 10 years

Let's not kid ourselves, this is the big picture and it ain't pretty! Innovation has taken the market to the top but if we do not run into the next "big thing" that could give fuel to a new bull market the decline will just keep going. Financial history tells us that printing money is no solution, and this chart confirms it regarding the past decade. 

The bull market in commodities has been a PR myth, in real terms there has been a decline that is still ongoing. 

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