by April 1930. The actual low was in November at $198, then the index increased to $293 by April, a whopping 48% increase in five months. Subsequently, it dropped over the next several years. I see a data point on the chart I searched for at $41 in July of 1932, a decline of 86%. I had no idea that this happened until a few weeks ago. Very interesting.
Is it the same? Is it different this time? We are at about month three from the start of the drop. What will it look like in six months? In a year? How much will the government leverage our future? If I knew, I wouldn't need a day job.
Trying to figure out what will happen next, and over the next year or two, is really teasing my brain. Definitely too early to have learned any lesson of value. Maybe we should post our predictions?