Wednesday, September 21, 2011

US Monetary Base - Direct from the Fed

One chart should sum up why you and I are invested in Gold, Silver and Mining Shares:

The graph above is from the Federal Reserve Bank of St. Louis website which is a monthly chart of the monetary base going back to 1910.

You can check out more data and info at their site:   St Louis Fed website

A weekly chart from ~1984 depicts the monetary expansion of the TARP program (787 billion) that was released in late 2008. Then QE2 (600 billion) in November 2010.

I've got to give the Fed some credit for actually showing this data and graphs for anyone to see. You would think that they would hide this stuff under the rug...

While Gold and Silver are not trading in 'free' markets at this time, it is only a matter of time before the 'free' markets determine the inherent price of both Gold and Silver.  (PAGE: The 'Pacific Asia Gold Exchange' is a step in the right direction)
I'm sure most of those that have been holding for years can hold onto their metals for a few more, between 2013 and 2015 should be very interesting.  It's a WAITING GAME...

Some may want to own at least one firearm for home protection going forward.

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