Loading ...I used to get the Dinesletter, and from 1968 to 1982 every time the Dow got above 1,000 he would say….The “Dow is in the graveyard in the sky above 1,000” Finally in June 1982 he flashed a long term sell on inflation related investments and made a long term Dow buy signal at 796.
Re inflation, most things cost 20 times today, the true inflation rate. However, the Dow today is 51 times more, way too far above the inflation rate. So today, June 5th 2026, Mr.Copper says The Dow Jones Is In The Graveyard In The Sky Above 50,000.
Another possibility, being most things are in reverse, even a 1929 style crash and a following deflation, with real money like Gold gaining more value is possible.