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How Are Gold And Money Supply Related?
BySirhcM1 and M2 Money Supply numbers are surging. Will gold follow? Let’s investigate an alleged relationship between gold and M2, a measure of money supply in the US. Let’s also investigate what’s happening with M1, a more narrow measure of money supply. READ MORE
Trading the Gold-Silver Ratio
BySirhcFor the hard-asset enthusiast, the gold-silver ratio is common parlance. For the average investor, it represents an arcane metric that is anything but well-known. The fact is that a substantial profit potential exists in some established strategies that rely on this ratio. The gold-silver ratio represents the number of ounces of silver it takes to buy a single ounce…
Dr M moots currency backed by gold
BySirhcCourtesy of FMT News TOKYO: Prime Minister Dr Mahathir Mohamad says Malaysia is proposing a new currency based on gold, as this would be more stable than the current currency trading which is manipulative. He said the precious metal could be used to evaluate import and export activities among the East Asian countries. “We can…
Fed Chair Powell Announces QE4… But “Don’t Call It QE4”
BySirhcCourtesy of ZeroHedge by Tyler Durden Tue, 10/08/2019 – 14:25 Update: Fed Chair Powell appears to have announced QE4 (but do not call it QE4!): Discussing the liquidity shortage and repo-calypse, Powell said: … While a range of factors may have contributed to these developments, it is clear that without a sufficient quantity of reserves in…
Ray Dalio Warns A “New Paradigm” Is Coming: “Buy Gold, Sell Stocks”
BySirhcAuthored by Ray Dalio via LinkedIn, Over my roughly 50 years of being a global macro investor, I have observed there to be relatively long of periods (about 10 years) in which the markets and market relationships operate in a certain way (which I call “paradigms”) that most people adapt to and eventually extrapolate so…
Silver Price Daily Forecast – Resistance At $24.55 Proved Its Strength
BySirhcSilver failed to settle above the 50 EMA at $24.55 and is trying to gain downside momentum. Silver Failed To Gain Upside Momentum Despite Weaker U.S. Dollar Silver continues to trade below the 50 EMA at $24.55 while the U.S. dollar is losing ground against a broad basket of currencies. The U.S. Dollar Index failed…
