under that scenario, we’re still hitting the million dollar mark sometime in 2024. so you’d have to leave that champagne on the shelf for an extra 8 years.
it’s not so bad. patience can be a virtue. but it’s also extreme. i’d actually argue that the 2024 mark is close to a worse case scenario. i’d argue that a conservative, defensive position is somewhere between the two – 2016 and 2024.
and my own position, based on what i see going on around me, is that we could actually see things bounce back much quicker than every scenario painted here.
i mean, to see prices hit a million dollars by 2016, we only 