Wednesday, November 14, 2007

M3

They created another 1 trillion bucks, adding to M3, just in the last few months. Now that is some pretty impressive inflation (increase in the "money" supply), increase of digital bits on hard drives. Try doing that with gold and silver supplies. That is some big time theft of purchasing power, stored value, from holders of US dollars and dollar denominated financial instruments, but not from holders of gold and silver.


Chart is thanks to http://nowandfutures.com/key_stats.html

Whose hands did all those dollars end up in?

There is a compound curve going on in that M3 chart! That should scare the bajeejus out of people. But hardly anybody knows it is happening, nor cares.

A communique sent from the Rothschild investment house in England to its associates in New York noted, "The few who understand the system. . . will either be so interested in its profits or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending . . will bear its burdens without complaint."



This correction in gold and silver is to be expected, does not amount to a hill of beans. This is still one powerful gold train.




The way to make huge percentage gains in a bull market is like Jesse Livermore said: "Be right. Sit tight.". Because of impatience, greed and fear, most will not make the huge gains possible. This correction is showing that. That goes for the "professionals" also.

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