Buy Gold IRAs Before Major Move In Gold To $15,000? A Collapse Is Taking Place On The M3 Money Supply.Submitted by Cyril on Tue, 02/05/2013 - 01:42
1. the first part of this post's title, before the question mark, is from the Youtube's original poster (stocktradingmaster) - a title that I kept AS-IS, although this does not reflect my own opinion (regarding IRAs). I posted this for the good explanations given otherwise, IMO, before the end of the video / investment advice he concludes with (an advertisement on IRAs).
2. no one actually knows what is happening with M3 since the Fed stopped reporting their figures years ago; most of this (on M3 per se) are just extrapolations and interpolations made thanks to OTHER statistics.
3. the main point of interest of the video for me to ponder about, is at the 3 mins 30 secs mark and on, along with the past and current trends shown on this TCMDO chart that the Fed still maintains, and spanning DECADES:
"A collapse IS TAKING PLACE on the M3 money supply" (according to the Youtube poster):