Thanks to Rambus, there is now a¬†correlation between the commodity cycle of the 1920’s and today.

Babson chart from 1937. Notice the dashed line —-

Rambus chart from a few days ago of the CRB, with approximate dates from the Babson chart:

Eerily similar. Completely different economy, yet the cycle tracks the same. Does anyone want to guess where we are headed next, in a year or two?

Remember Hoover?