The first chart below is the US M2 broad money supply. (the vertical scale units are USD billions)
The bottom chart is the POG in USD.
The two charts are scaled and juxtaposed such that they are roughly aligned in time.
Compared to to the aftermath of the money-printing during the GFC, it looks like the price of gold has some catching up to do.
It's either that, or a lot of money will have to be withdrawn from the system and we know that's likely to happen don't we
Note also that the money printing during the GFC barely registers as a blip in the M2 line.
Cheers
https://tradingeconomics.com/united-states/money-supply-m2
- Forums
- ASX - By Stock
- Can't see NST holding its share price
The first chart below is the US M2 broad money supply. (the...
- There are more pages in this discussion • 603 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NST (ASX) to my watchlist
(20min delay)
|
|||||
Last
$14.28 |
Change
-0.665(4.45%) |
Mkt cap ! $16.62B |
Open | High | Low | Value | Volume |
$14.35 | $14.48 | $14.24 | $20.61M | 1.436M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 5132 | $14.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.28 | 4267 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 4548 | 14.270 |
17 | 8532 | 14.260 |
17 | 17987 | 14.250 |
12 | 11286 | 14.240 |
10 | 9138 | 14.230 |
Price($) | Vol. | No. |
---|---|---|
14.280 | 2960 | 13 |
14.290 | 10228 | 24 |
14.300 | 10496 | 16 |
14.310 | 10405 | 16 |
14.320 | 8654 | 11 |
Last trade - 12.49pm 01/05/2024 (20 minute delay) ? |
|
|||||
Last
$14.26 |
  |
Change
-0.665 ( 4.16 %) |
|||
Open | High | Low | Volume | ||
$14.34 | $14.47 | $14.24 | 348236 | ||
Last updated 13.10pm 01/05/2024 ? |
Featured News
NST (ASX) Chart |
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
SPONSORED BY The Market Online