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Rumblings of the late 90s


Graham Osborn
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SaaS stocks going crazy, financials swooning, commodities getting crushed.. sound familiar?  Late 90s (MP1) leading up to tech bubble -> present (MP2) leading up to another tech bubble?  Of course, if the S&P/ Gold ratio is worth anything, we're all drowning in fiat currency anyway - but the returns might look good on paper!  Thoughts appreciated.

late_90s_vs_present.pdf

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