Why Is Silver Exploding Higher? Money Supply (Austrian School TMS) Growing At ~30% YOY
- WallStForMainSt
Why is silver breaking out now and the Dollar as measured by the Dollar Index (DXY) is weak? M2 Money supply is currently up 24.84% YoY. The Fed’s next release, which is on Thursday afternoon, may show a growth rate of over 25%. https://twitter.com/SchiffSpencer/sta…
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What is M2 Money Supply? Investopedia Definition:
https://www.investopedia.com/terms/m/…
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Maybe it’s because the money supply as measured by the Austrian School True Money Supply (TMS) is now up just under 30% year over year! Money Supply Growth in May Again Surges to an All-Time High https://mises.org/wire/money-supply-g…
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Austrian Definitions of the Supply of Money https://mises.org/library/austrian-de…
Austrian TMS is the metric developed by Murray Rothbard and Joseph Salerno, and is designed to provide a better measure of money supply fluctuations than M2. The Mises Institute now offers regular updates on this metric and its growth. This measure of the money supply differs from M2 in that it includes Treasury deposits at the Fed (and excludes short-time deposits, traveler’s checks, and retail money funds). Silver News Articles & Silver Charts:
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1) Silver Powers Above $20 an Ounce; Highest Price Since 2016 https://schiffgold.com/key-gold-news/…
2) SILVER SHORT SQUEEZE ALERT: Sprott Silver Trust To Purchase $1.5 Billion Of Physical Silver, A Jaw-Dropping 8.8% Of Annual Global Production! https://kingworldnews.com/silver-shor…
3) The Silver-to-Dow ratio broke above its 50-month moving average for the first time since 2002. https://twitter.com/LynAldenContact/s…
4) Hedge fund manager Tavi Costa silver chart:
1) https://twitter.com/TaviCosta/status/… and
2) https://twitter.com/TaviCosta/status/…
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