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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 445.60-10.1%4:00 PM EST

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To: bart13 who wrote (108615)11/27/2014 6:14:07 AM
From: Elroy Jetson  Read Replies (2) of 219911
 
Central banks, including the Fed, will do what they need to do to keep effective money supply neutral, and inflation ever so slightly positive. I understand and trust their intent.

Their books are designed to be opaque, a puzzle palace, so they can do what's needed to carry out their mission without causing market disruption. The definition which used to mean one thing can change overnight and change back again to something elese without notice. The more time you spend following their accounts, the less you will know.

If they have found it necessary to increase what were once known as monetary base reserves, linked to SDRs, in order to stabilize the money supply and economic values - then that is what they will do until they don't have to do it.

The alternative to stabilizing the effective money supply would be horrific.

Guys like Puplava have been consistently and laughably wrong and they hold no interest for those wishing to make rational investment decisions.
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