Gold vs M1 and M2 Money Supply

M1 = coins and currency in circulation + checkable (demand) deposit + traveler’s checks.

M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.

We are looking at the GC1! gold futures vs these money supplies

As we print more we expect these money supplies to increase, so we can start to see the 'real growth' in terms of how much $ is 'out there'

I examine lots of these 'composite' charts as I call them, but let me know your thoughts as well!

**NOTE** Because sometimes there are scaling issues; attempt to line the angles up with the black lines with same origin, thanks!

Manage your own risk

Much Love

GL HF

xoxo

snoop