GOLDBUGS AMEX Goldbugs Index (GOLD)

[Pro-Life]

Strange Moves In Gold, Federal Reserve Policy, And Fundamentals
by Tyler Durden Apr 8, 2017 7:35 PM

http://www.zerohedge.com/news/2017-04-08/strange-moves-gold-federal-reserve-policy-and-fundamentals

http://www.acting-man.com/blog/media/2017/04/4-AMS-rate-of-change.png

A swift collapse in the y/y growth rate of money AMS to levels last seen in 2007 – i.e., right around the time when the last bubble peaked.

It may still take a while for the effects of the slowdown in money supply growth to take hold – as can be seen above, the 12-month moving average remains fairly elevated, and there is always a considerable lag between a slowdown in money supply growth and declines in asset prices and a slowdown in economic activity.

Still, we consider this chart to be the biggest warning sign for “risk assets” since the beginning of the stock market rally in early 2009.

More charts, more commentary at the link above...