Chart Predicts US Economic Health
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FARM SHOW has tracked down an amazing chart which has predicted this country's economic health with uncanny accuracy. Drawn in the early 1800's the chart predicted "good and bad" to the year 2000. Its unknown author has proved to be
unbelievably accurate in predicting ù almost 200 years into the future ù the annual ups and downs of our nation's business climate. The original chart, which was reportedly found in an old desk in Philadelphia back in 1902, starts with the year 1810. We chopped off a few years, picking it up at the year 1850.
You'll note that the chart is right on target in predicting, way back in 1810, that 1982 would be a year of low prices and hard times.
The top "A" line indicates years of good times and high prices ù the time when, according to the chart, stocks should be sold. The "B" years reflect low prices and hard times ù the time to buy stocks. The "C" years are panic or depression years.
As predicted, we went from "good times" in 1980 to "hard times" in 1982. Some of you plungers will remember 1929. Note also the accurate peaks predicted for 1918 and 1926. Or, how about, 1972, another peak year when the Dow Jones Industrial average rose above 1,000?
Best news of all is that, now that we've hit the predicted bottom for 1982, the forecast is for "good times and high prices" for most of the next 20 years.
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Chart Predicts US Economic Health SPECIALTY/SERVICES Specialty/Services 6-3-4 FARM SHOW has tracked down an amazing chart which has predicted this country's economic health with uncanny accuracy. Drawn in the early 1800's the chart predicted "good and bad" to the year 2000. Its unknown author has proved to be
unbelievably accurate in predicting ù almost 200 years into the future ù the annual ups and downs of our nation's business climate. The original chart, which was reportedly found in an old desk in Philadelphia back in 1902, starts with the year 1810. We chopped off a few years, picking it up at the year 1850.
You'll note that the chart is right on target in predicting, way back in 1810, that 1982 would be a year of low prices and hard times.
The top "A" line indicates years of good times and high prices ù the time when, according to the chart, stocks should be sold. The "B" years reflect low prices and hard times ù the time to buy stocks. The "C" years are panic or depression years.
As predicted, we went from "good times" in 1980 to "hard times" in 1982. Some of you plungers will remember 1929. Note also the accurate peaks predicted for 1918 and 1926. Or, how about, 1972, another peak year when the Dow Jones Industrial average rose above 1,000?
Best news of all is that, now that we've hit the predicted bottom for 1982, the forecast is for "good times and high prices" for most of the next 20 years.
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