proof of why... *LINK*
well this should explain a lot. Apparently there's proof of why y'all should be wary of Fisher's making market predictions especially, apparently, when speaking about prices reaching plateaus...as in my dissertation on gold reaching a new level where it is likely to stay based on generational devaluation of the dollar.
I direct you, in particular, to sentence three within the attached quote and the aggrieved soul mentioned therein.
It may be a gene thing. Oh my. :-))
There are a number of things you don’t want to hear a central banker say. One of those things just popped out of Janet Yellen’s mouth – “I don’t believe we will see another financial crisis in our lifetime.” That has to be up there with Irving Fisher’s deathless observation from 17 October 1929 that "Stock prices have reached what looks like a permanently high plateau"