A Bubble In Gold? Hardly…
Viewing the gold price in a vacuum, some may think there is a bubble in gold, but that is far from the case The gold price is, after all, doing…
5 Comments
March 17, 2025
Drastic Rates of Change in M2 Money Supply Will Matter
If rapid M2 percentage growth forecast an inflation problem back in 2020, why would it not be forecasting deflationary pressure now? As far back April, 2020 NFTRH was forecasting a…
October 26, 2023
NFTRH 737
NFTRH 737 Merry Christmas folks, and happy holidays of all persuasions. Let's jump into an abbreviated, summary style report [edit: of course it did not quite go that way as…
December 24, 2022
Trey Reik on monetary policy & gold: A Call to Arms
Trey was an NFTRH subscriber back when he was a research analyst at Sprott, and has since gone on to form or at least become a major part of the…
November 14, 2022
“Liquidity Alarm”
Market liquidity is draining from different vantage points On Wednesday I made a post that showed the "metallic credit spread" (as coined by Bob Hoye) known as the Gold/Silver ratio…
Comments Off on “Liquidity Alarm”
August 12, 2021
The Sordid (pictorial) Story of the “Richest Country in the World”
Steve Saville's excellent post The monetary inflation moonshot (including the graph directly below) prompted me to go to the St. Louis Fed website and check out some COVID-era data graphs.…
Comments Off on The Sordid (pictorial) Story of the “Richest Country in the World”
May 19, 2020
Austrian TMS Update
For those who may remember and miss Michael Pollaro's blog centering on the True Money Supply (TMS) at Forbes, I keep tabs on his updates in a private email group…
Comments Off on Austrian TMS Update
March 4, 2019
Remember Michael Pollaro and TMS?
Michael Pollaro used to have a blog at Forbes with which he highlighted the 'True (Austrian-based) Money Supply' (TMS) among other macro market indicators. I used to read him fairly…
Comments Off on Remember Michael Pollaro and TMS?
February 19, 2019
Price Fixing, Gold and Money Supply
Keith Weiner is so much further into the realm of gold than I am. He does gold for a living and has routinely debunked the pitchmen and charlatans that populate…
Comments Off on Price Fixing, Gold and Money Supply
July 9, 2018
S&P 500 Simply Following its ‘Stimulus’
As corporate profits have decelerated over the last year the S&P 500 was left with little more than the monetary base, which had been ramped like crazy by post-2008 monetary…
Comments Off on S&P 500 Simply Following its ‘Stimulus’
March 18, 2016