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Some sort of very early proto-IE was probably spoken in the Dnieper-Donets culture:
http://en.wikipedia.org/wiki/Dnieper...Donets_culture
The family of languages most closely related to IE, is Uralic:
http://en.wikipedia.org/wiki/Nostratic_languages
http://www.annualreviews.org/doi/pdf...-030514-124812
Such location of PIE is also confirmed by this video lecture:The strongest geographic indicator of the location where PIE was spoken is the fact that PIE and Proto-Uralic (PU) appear to have been geographic neighbors. They had core vocabulary items that look suspiciously similar ('name', 'water') and similar-looking pronouns (Ringe 1997; Janhunen 2000, 2001; Koivulehto 2001; Kallio 2001; Salminen 2001; Witzel 2003; Parpola 2012). One kind of relationship between PIE and PU that would account for the apparently shared pronouns, noun endings, and basic vocabulary would be ancestral: The two protolanguages could have shared a very ancient common ancestor, perhaps a broadly related set of intergrading dialects spoken by hunters at the end of the Pleistocene.
http://www.eupedia.com/forum/threads...648#post458648
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