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XMFSinchiruna (27.14)

The Great Depression in Pictures: Aluminum Charts

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18

August 26, 2010 – Comments (4) | RELATED TICKERS: ACH , AA , CENX

The following chart, reproduced with the kind permission of metalprices.com is provided as a reference for anyone paying attention to the aluminum industry. This 3-year chart tracks the broader trends nicely.

And here is the six-month chart showing the depth of the price decline since the late-April peak:

Thank you again to metalprices.com for providing these charts.

4 Comments – Post Your Own

#1) On August 26, 2010 at 12:42 PM, Jbay76 (< 20) wrote:

So what was the trend during previous depressions?

 

Thanks Sinch! 

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#2) On August 26, 2010 at 12:58 PM, XMFSinchiruna (27.14) wrote:

Bellwether industrials ultimately led us out of the Great Depression, albeit in large measure from war-related demand.

Until we see those bellwethers leading the charge, hopefully without a war this time around, we will not find a catalyst to move the U.S. economy out of the hole it has tumbled into.

See also:

Don't Invest Like SpongeBob SquarePants

What Real Recovery Looks Like

The Quest for Recovery Confirmation

The Common Fate of Recovery and Industry

 

 

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#3) On August 26, 2010 at 1:17 PM, Jbay76 (< 20) wrote:

Thanks!

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#4) On August 27, 2010 at 8:41 AM, silverminer (30.63) wrote:

Does Aluminum Still Have a Pulse?

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