M2SL is beginning to go down for the first time since 1959. Never before has it decreased, only held steady or increased at a slower pace. While there have been severe crashes with rising M2 we have no comparison for crashes during a reduction in M2 .
M2SL is beginning to go down for the first time since 1959. Never before has it decreased, only held steady or increased at a slower pace. While there have been severe crashes with rising M2 we have no comparison for crashes during a reduction in M2.
If measured in total "money stock" oil prices are actually down
When Gold Spikes stocks are undervalued and this provides an excellent opportunity to take profits from holding Gold and invest in stocks when they are CHEAP. Currently Stocks are overvalued and Gold is undervalued.
Throughout history an OZ of Gold overtakes the price of the SP 500. I believe it is set to happen again in the next 5 years. Gold Will Outperform the SP 500 in my opinion.
Chart Analysis for the SP 500 - Looks to be breaking down - A close below 4632 in January signals more downside
The SP 500 is showing near identical match to a Wyckoff Distribution. This does not mean markets will continue a normal path following the Wyckoff Method as the Federal Reserve will stop at no ends to support the market. Inflation be Damned the FED will buy everything. Yield Curve Control and outright stock purchases (Blackrock already does that for them, but...
only thing driving up the stock market is unlimited money don't forget about the "Exchange Stabilization Fund." Anytime the market runs out of buyers, the ESF steps in to boost the market.
SP500 as ratio of M2 money supply Stocks could extend even further into the stratosphere
could go down to $15-17 an OZ and may not break above $23 for years just by looking at the technical chart and long term trends going back many decades. We could even see sub $15 Silver and remain in a trend channel going back all the way to 1803 the top of the channel is over $100. The volatility is intentional and by design to shake out weak hands.
There will be a time when an oz of gold is higher than the SP which means gold will far outperform stock in the future as well. Take a look at this chart going back more than 100 years and see how gold will lag then overtake the price of stocks. The lag means more OZ/dollar can be stacked, making the time periods when gold overtakes stocks all the more profitable.
There will be a time when an oz of gold is higher than the SP which means gold will far outperform stock in the future as well. Take a look at this chart going back more than 100 years and see how gold will lag then overtake the price of stocks. The lag means more OZ/dollar can be stacked, making the time periods when gold overtakes stocks all the more profitable.
Who knows where this could go to but it appears $1000/1000 is here to stay.