Something to read when you are bored.....

cinman14

Long but interesting read....

rgCoinGuy

Why are you hiding behind that couch?

cinman14

Hiding from the Jesus haters.....

mkman123

whose a jesus hater??

roadrunner

Good read and pretty much 100% opposed to Kitco's Nadler's view of what happened in July-September. Kim's view is far more realistic than the blindfolded views of say Nadler. It also tends to support the theory that the first 90 minutes of Comex training has been "berry berry bad for gold" over the past several years. What a coincidence.

Only a 10-15 minute read, not that bad.

From Doug Noland's weekly numbers;

Federal Reserve Credit expanded another $63.2bn to a record $1.803 TN, with a historic 6-wk increase of $915bn. Fed Credit has expanded $930bn y-t-d (129% annualized) and $944bn y-o-y (110%). Fed Foreign Holdings of Treasury, Agency Debt last week (ended 10/22) declined $7.6bn to $2.479 TN. "Custody holdings" were up $422bn y-t-d, or 25% annualized, and $448bn y-o-y (22%).

I know many believe that this is not inflationary since it may not trickle down. If not inflationary, then it has to be deflationary. It certainly is not market neutral. 129% annualized!

roadrunner

Deadhorse

<< <i>Federal Reserve Credit expanded another $63.2bn to a record $1.803 TN, with a historic 6-wk increase of $915bn. Fed Credit has expanded $930bn y-t-d (129% annualized) and $944bn y-o-y (110%). Fed Foreign Holdings of Treasury, Agency Debt last week (ended 10/22) declined $7.6bn to $2.479 TN. "Custody holdings" were up $422bn y-t-d, or 25% annualized, and $448bn y-o-y (22%).

I know many believe that this is not inflationary since it may not trickle down. If not inflationary, then it has to be deflationary. It certainly is not market neutral. 129% annualized!

roadrunner >>




It sure as Hell is inflationary. How could it be anythng else?

We won't see it all at once, there will be a trickle down effect.

What we will see is yearly inflation of 20-30% for the next 3-4 years, no I don't mean the Fed's BS cooked books numbers.

I expect it to crank up early next year and hammer us all as we pay for the corrupt politicians and the Wall Street thieves largest heist in the history of the planet.