discov

Profiting From Bernanke's Super-Fed and Obama's Newer Deal

I am a little confused as to why your article has no mention of exponential leverage. All your calculations seem to be based on linear leverage at the banks (including the reserve and treasury).

tinyurl.com/9tyjtp I tried to explain my theory of exponential leverage here. It may be flawed, but I can't see how it is so far. If my theory is correct then the simple change from linear lending to exponential would require a reworking of your calculations.

personally, I think Gold goes the same way you do.....just 3 or four years later.

Thank you for a great article,
Ryan