by Hubert Moolman
Silver Seek
The 1929 Dow crash marked the start of the infamous Great Depression. We currently have a repeat of the pattern that led to that great crash in 1929. This pattern is basically a huge stock market rally (after a period of stagnation) that is driven by a huge expansion of the money supply (or credit expansion). See the chart below (Dow chart from stockcharts.com):
[…] The period from 1906 to 1924 approximately represents the period of stagnation. The credit expansion eventually drove the stock market into a huge rally which ended badly in 1929, from point 4 to its eventual low.