Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wade who wrote (28668)	5/2/2011 1:57:37 PM
From: shakes	Read Replies (1) of 48092

"...part of this mess..." Here's a comment from Gartman (via Bill Murphy's Midas): "This morning we’d like to take yet another look at the Fed. St. Louis’ Adjusted Monetary Base, which continues to skyrocket and which continues to cause us a great deal of concern. Since the start of this year, the AMB has gone from just barely below $2.0 trillion to nearly $2.55 trillion. That is an increase of 27.5% in only four months and that is, in our opinion, very nearly criminally inflationary. We don’t even want to annualize this sort of increase in the AMB, and we needn’t given that we would want to see the base grow at an annualised pace of only perhaps 4-6%, sufficient to fuel real economic growth of 3-4% and population growth of 1-2%. Clearly the monetary authorities are fuelling something more than that. Why they are doing so is another question for another time." Reporting M3 was abolished for a reason. An additional discussion of this event is at marketwatch.com *** regards, Shakes

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next