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by Mish

In June I announced It’s time to shift the arrow on the basis of Time Magazine going gaga over real estate.

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In December I wrote that It’s Too Late.

When you see stuff like this, not only is it too late, it’s way too late.

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I am pleased to announce that we have moved the arrow once again.

The current picture looks something like this.

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Mike Shedlock / Mish/