San Jose de los Perros, Nicaragua — Oh…we are such optimists! So far, the Crash of ’09 has paralleled the Crash of ’29…and the Crash of 1873. All three began in early September. All three saw the big selling in late October. Both in the case of ’29 and ’09 a near-term bottom was hit in mid-November. “Moreover, the percentage declines,” writes Dominic Frisby at MoneyMorning, “were virtually identical. An initial decline from the high to a late October low of about 40%, then a rebound of about 15%, followed by a final low in late November — down about … Continue reading The Barbarous Relic You Can Trust