OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Something To Ponder ?

Posted by Farmboy @ 7:04 on February 20, 2016  

This first chart sez gold prices caught up with the growth of M2  money supply. (as of Oct 1012)  Don’t quite agree since the chart only reflects the printing press in the United States and not the global gushing of new printed currencies. ( We are not the only country trying to print their way to prosperity.)

M2 gold prices

None the less, the above chart ends in Oct 2012 so one might ask what has happened to the M2 money supply since then and what that might mean for the direction of gold. ( we have some serious catching up to do imho )

m216

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.