Saturn, mate the measure of AMB(adjusted monetary base) in the US has climbed like no other time in history. AMB is a measure of total currency in circulation plus bank reserves, however to date banks in the US are sitting on much of this newly created money as reserves and they have failed to pass it on. Eventually they will and as such those banks reserves will then become circulated currency. When, not IF that happens inflation will skyrocket.
As for Ackerman I only concerned with what is the correct analysis, not what may or may be good for Gold. Mr Ackerman is IMO is wrong and has been wrong for years.
