All-Time Highs!

Mises Institute

In this week's episode, Mark looks at "All Time Highs" in such things as stocks, real estate, and stock indexes. Housing prices hit an all time high this week, and gold is not far behind. While all time highs—or even "new highs"—are unambiguously good for owners of these assets, it is much more ambiguous as a signal about the future. Gold might be an exception to this rule, as Mark explains. Be sure to follow Minor Issues at https://Mises.org/MinorIssues. Get your free copy of Murray Rothbard's Anatomy of the State at https://Mises.org/IssuesFree.