Bubble Comparison Chart

Over the course of the past 30 years, the world has seen several "bubbles" emerge.  Below is a chart we call a "bubble comparsion" chart.  The chart compares Japan's stock market bubble in the 1980's, the technology stock bubble in the US in the late 1990's, China's stock market bubble of 2007, crude oil bubble of 2008, and the current state of gold in 2011.  We offer this chart so you can see what happens on the other side of euphoria.

Ironically, a recent Gallup poll shows that over 35% of Americans believe gold is the single best long term investment for the next decade; higher than real estate, stocks, bonds, and savings accounts.  Although not referenced on this bubble chart, would you like to guess what 38% of Americans believed was the best long term investment in April of 2007?


Real Estate.  It is truly amazing how often history repeats - just never in the exact same way.