The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
You are currently following NOWHEREMAN
Stop FollowingYou are no longer following NOWHEREMAN
-
481
)
-
Jason, go to Barrons.com, Market Lab, Monetary stats.
Aug 05 10:33 am
|Rating:
0
0
All Comments by NOWHEREMAN »Which Way for the Prices of Oil and Gold? [View article]
Internally, there is a major contraction, deflationary forces at work from Wealth Destruction across the financial spectrum. This is Capital Destruction at work and both Fed and Treasury are creating fiat money as fast as they can but have not as yet been able to stem the tide.
Now, take the year over year change in Foreign Debt.
The increase there is astounding, an increase of about 17% or $357 Billion more dollars shloshing about than there was a year ago. This cannot be sustained indefinitely.
This is the true representation of the increase in money supply. Our internals just show the inability of the Fed to pump in enough, fast enough.