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SPDR Gold Shares Message Board

  • smokeskull smokeskull Feb 16, 2013 9:00 AM Flag

    Fed Balance sheet and money supply explosions and predictions.

    The Fed balace sheet blew up by 60B between Feb 6 and Feb 13. That is one week.

    The Monetary base blew up 195 billion between Christmas and and Feb 6. The newest recent data is not even in that number. Since the monetary base has been increasing at a slightly higher rate on average than the Fed balance sheet, you can expect that the next report on the monetary base is going to have at least another 60B on it. That means we injected 1/4 trillion dollars in 2 MONTHS.

    We are hyperinflating NOW. Do not get tricked by scare tactics in the paper market. This is the most bullish I have ever been in the gold sector. Even more so than in 2009. Right now we are even just below the normal 15% backing of the Fed's balance sheet with US gold. That is as low as that ratio ever gets. It was at 25% in 2007.

    If we continue printing this money, the 15% historical Fed balance sheet to gold price ratio will be 2150 before the end of the year. If you apply the historical norm of gold backing to base money, the correct price of gold will be over 4000.

    Turn of the TV. Turn off your paper ticker. It is going up a lot higher.

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