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Strategies & Market Trends : Ride the Tiger with CD

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To: E. Charters who wrote (132102)	9/29/2008 7:18:46 PM
From: Nevada9999	1 Recommendation Read Replies (2) of 312301

Cool graph! Currency + M1, M2 and M3 were 10,000 billion (10 trillion) dollars in 2006 when M3 reporting was discontinued, according to the chart. M3 is not important, so why report it? The US gold reserve is about 260 million ounces, or 0.26 billion. So, 10,000 billion divided by 0.26 billion equals about 38,500 dollars per ounce of gold reserves. My calculator is out of date, it doesn't do trillions. I need a widescreen model. Project as you see fit to the present. Anyway, this is the ratio I was thinking of. Thanks for the data.

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