8 votes

Buy Gold IRAs Before Major Move In Gold To $15,000? A Collapse Is Taking Place On The M3 Money Supply.

By StockTradingMaster

Notes:

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:

http://research.stlouisfed.org/fred2/series/TCMDO

"A collapse IS TAKING PLACE on the M3 money supply" (according to the Youtube poster):

http://www.youtu.be/KzZN8RGrfNQ

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Inflation? Psssht

Bernanke says CPI ex-prices is 0%, nothing to worry about.

"Alas! I believe in the virtue of birds. And it only takes a feather for me to die laughing."

The guy does not know how to

The guy does not know how to read a chart.

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

Indeed

Apparently he missed the fact that the chart expresses changes in M3, not the absolute level. M3 never dropped at all except briefly during 08-09, and then at a modest clip, rebounding substantially since then. And anyway, M3 isn't money supply. Best to look at M1 + savings deposits, neither of which dropped at all even in 08-09, and both of which have grown by about 75% since 2008.

"Alas! I believe in the virtue of birds. And it only takes a feather for me to die laughing."

You have to keep in mind that

You have to keep in mind that the producer of this video is trying to get people to buy gold, through him. It is an advertisement.

M3 is not collapsing. The chart he provides shows that M3 is EXPANDING at a rate of 5% year over year. This is actually in a fairly normal range in contrast to the range of 17% it was seeing up at the top of 2008. M3 is not "collapsing" (contracting) until it goes below the 0 line.

----------------------------------------------------------
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People's Awareness Coalition: Deprogramming Sequence

good video, but an IRA? I

good video, but an IRA? I have written many times on here that all IRA's, 401k's and the like will be confiscated by the Federal government when an economic emergency is declared. All your gold will be replaced with US 30 year bonds. This will happen. Reagan wrote the executive order in 1988. IF YOU CAN'T TOUCH IT- YOU DON'T OWN IT.

Cyril's picture

IF YOU CAN'T TOUCH IT- YOU DON'T OWN IT.

"IF YOU CAN'T TOUCH IT- YOU DON'T OWN IT."

Sure thing. These days, I tend to agree without difficulty. I posted this for his homework on the rest.

I preferred to keep faithfully his Youtube's original title as-is, but I don't care much (if at all) about his investment advice.

I should update the post about it, I suppose.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

The banking system will collapse if people stop borrowing!

The people who have the money are not spending and the people who want to borrow and spend can't get the loans. Since this is what is taking place, bernanke must keep increasing the base supply.

So now we are stuck on this merry-go-round with now way to get off. The system was setup to fail and there is no way of getting off! If the FED doesn't keep doing what they are doing we would have hit a depression already. So there is no way off but continue down the road to hyperinflation. Obama also must double the National debt or the system will collapse.

bernanke has that printer in high and it's not about to stop, this will keep the stock market high like they are on drugs. We are getting signals already that people are getting spooked, with the mint running out silver and having to shut down. Then there's Germany wanting their gold reserves back from the New York FED.

The FED has said that savings and checking account money has decreased by $140 billion. I think some of that money is finding it's way into the precious metals market.

Since the the fed and Obama are both doing there part, it is more likely hyperinflation will hit soon and not a depression. Basically the system has already collapsed back in 2008, Bernanke is just trying to keep it on life support.

Gold standard: because man can not be trusted to control his greed

wait a minute. this guy is confused.

Is the money supply COLLAPSING or EXPANDING?

He's completely mixed up talking about deflation and inflation.

Yes, if you believe inflation is coming, by all means buy gold.

But if you believe DEFLATION is coming, then you want CASH, junk silver and food.

So, it can't be both. It's either going to be one or the other.

Cyril's picture

He didn't say otherwise, in my understanding.

He didn't say otherwise, in my understanding.

He tried to explain the chain of fiat money contractions and expansions - deflations and inflations - arbitrarily made by whatever the Fed policies happen to be over the years... but what stinks the most is the chart he shows at mark 4 min 5 secs - easy to find, here:

http://research.stlouisfed.org/fred2/series/TCMDO

Have a close look at the strange local pattern - top- and right-most, past 2010 - we also need to keep in mind that a pixel on your screen maps to several dozen billions dollars on the vertical axis.

The smoothness of the curve was broken by the end of 2009 already - one year of Obama - and hasn't retraced back (in upward shape + direction) to the exponential parabolic-like trend it had prior to that... hence the possible "top", it is plausible that we're about to reach soon, and about which he cites others alluding to...

Then what, after such a "top"? ...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

I read you.

I think it can go either way. If the banks unleash the cash they've built up from the fed, it can do i. If they contract credit at all, it can go d.

They are playing a dangerous game right now. That's for sure.

Cyril's picture

They're playing with fire. Against everybody's sweat, and blood

They're playing with fire. Against everybody's sweat, and blood, likely, also.

THAT is for sure, yes.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

ecorob's picture

I agree.

I believe it IS happening now.

Keep your cupboards full now. We are close to collapse.

Look at the Chinese markets. Look at the pigs...Spain, specifically.

Keep your family close.

I feel it in my gut. Do you?

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

Cyril's picture

I ESPECIALLY paid at attention at:

I ESPECIALLY paid at attention at:

minute 3 and 30 seconds to minute 5 (okay, and on...).

He who has ears...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius