A Lot More Of No More M3. Gold and silver are major protection from the future that they are trying to hide. The US Fed stopped publishing M3 "money" supply numbers about a year and a half ago, stating that the stastic was too costly to produce. It looks like they are going to try to hide a lot more than sky rocketing M3.
The latest at http://www.economicindicators.gov/
"Due to budgetary constraints, the Economic Indicators service (http://www.economicindicators.gov) will be discontinued effective March 1, 2008."
It seems that the government does not want people to easily know some pretty important statistics, probably because they know that the statistics are going to get ugly. The following statistics available at ecnomicindicators.gov will be discontinued:
Advance Monthly Sales for Retail and Food Services
Advance Report on Durable Goods
Construction Put in Place
Gross Domestic Product
Manufacturers' Shipments, Inventories, and Orders
Manufacturing and Trade: Inventories and Sales
Monthly Wholesale Trade
New Residential Construction
New Residential Sales
Personal Income and Outlays
Quarterly Financial Report
Retail E-Commerce Sales
U.S. International Trade in Goods and Services
U.S. International Transactions
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A bigger attempt to hide even more. Scary when one thinks about the US being known for financial "transparency", or ** used to be ** known for. How blatant can they get about what they think the future holds for the US?
In case you missed this financial transparency monkey wrench slammed into the gears:
With the BIS's (Bank for International Settlement) total notional value of otc derivatives in the world over $500 trillion, there are major entities in the world's financial system playing little children's games of Make Believe. They drank, are drinking, their own Kool Aid, as Warren Buffet put it.
"Send lawyers, guns and money. The sh*t has hit the fan." - Warren Zevon
A Lot More Of No More M3. Gold and silver are major protection from the future that they are trying to hide. How, when will it end?
Actually, lead would be a better hedge...in the last three years, it's gone from .22 cents per pound to almost two dollars.
Yes, lead has been an excellent hedge against what central banks have been doing.
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