by Dave Kranzler, Investment Research Dynamics:
The Fed’s balance sheet is starting to “Weimar.” Between mid-September 2019 and now, the size of the Fed’s balance has increased by $3 trillion dollars, or 81%. The graph of the Fed’s balance sheet has gone vertical. Gold is as cheap right now in relation to the money supply as it was in 1970 at $35 and in 2000 at $250. Silver is historically cheap to gold.
Kenneth Ameduri invited me onto to his Crush The Street podcast to discuss the economy, oil and the precious metals sector: