Bob Hoye Blog | SMOKE | TalkMarkets
After completing a degree in Geophysics, Bob worked in mining exploration. Inspired by the mistake of making money on his first trade, he joined an investment dealer. Historical research led to metals forecasting for large mining companies. This segued into providing independent research to ...more

SMOKE

Date: Monday, September 11, 2017 12:25 PM EDT

What about the climax of this bubble? Most of the great stock bubbles have clocked a regular timing pattern. 2017 is the year that a great bull market could become hot enough to conclude. Since the advent of modern financial markets by 1700, most of the great stock bubbles have concluded in the ninth year after the climax of a great speculation in commodities. This history would not be put forward if there weren’t signs of excessive speculation (✓) in the ninth year of the equivalent in commodities (✓). The big high in commodities was in 2008.

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