Thanks to subscriber ‘LS’, we have the updated monetary base data presented below. I checked it yesterday but was asleep at the switch today. A lot on my mind. :-)
5 year view:
1 year view:
The consolidation has, for the moment at least, been broken. Now, is the dude with the big brain going to be able to stuff the genie back in the bottle?
Rising BASE, along with a rising yield curve, if they keep this up begin to cement gold’s fundamentals. That is of course, unless they have outlawed all previous laws of economics and legislated new ones.