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Does anyone know where to find consolidated M3 data (or better graphs) for major currencies?

Great topic and discussion. Too bad nobody in the general public seems to understand. But then, I guess that is why they are all broke wage slaves. What's that quote, "He who expects to be ignorant and free wants what never was and never will be".

Just hoping someone may have advice for me. Since moving into the futures market 2 years ago I've averaged around a 45% annual rate of return. However, in most ways I'm still a newbie. (My background is in engineering and real estate). I do feel that I have a solid ability to produce better...

There's one other element people don't seem to be getting. True, if the Saudis cut back too far they would eventually hurt themselves, but I believe it is a good premise that they could cut back quite a bit and still be better off. There are two reasons they don't cut back in my opinion: 1. If...

"The Fed's mandate is price stability" that's got to be one of the boldest lies in history. Welcome to the Orwellian world of central banking. Now if I could just learn to love Big Brother...

Quote from gnome: All that was needed was federal regulation which prohibited the mortgage writer on conforming loans from disposing of the loan for 5 years. Qualifications and loan underwriting would have been entirely different. Here's a simpler solution - all that is needed is a gold...

People will put up with quite a bit of crap and blame whoever the media tells them is at fault. Just don't outlaw American Idol and salty cheese snacks, then you would have a real uprising on your hands.

Called me an idiot eh? I get a cushy job handing out billions in free money to all my rich banking and industry friends. The middle class and their savings get screwed but who cares? - they won't even see what happened. Maybe we'll run a few news stories and blame you greedy speculators. Now...

Great question. Guess if you are young, losing 7 years is worth a life of ease afterwards. When you think about it, almost everyone loses 90% of their life doing work or some other obligation. I've lived many of the possibilities - jobs I loved that gave lots of free time, terrible...

Yeah, Argentina at least had a strong export sector allowing an eventual recovery each time they debased THEIR currency. But no, nothing can happen here - it's the USA, we are immune to the laws of economics. Yaaay! Pass the cheese doodles and gas up the SUV, Daddy got a VISA credit...

You beat me to that comment. - Landis must be wallowing in profits from all his commodity shorts. :D Gee if only the rest of us had been as perceptive as him.

In case anyone missed it, Russia passed SA as the world's leading oil producer. China is now the top gold producer in addition to owning enough US bonds to sink the dollar anytime they want. IMO America should tone down the arrogance that partially got us into this problem. But I'm sure we won't...

Greenspan, Bernanke - they are just doing what the Fed will always do. Inflate so that banks can screw up as much as they want and generally keep turning a profit. Plus the fact that nowadays there's no alternative anyway - do you really expect America will pay off its rampant public and...

I must be missing something here - can someone please educate me? From what I understand, banks used to be prohibited from trading commodities contracts by the Glass-Steagall Act which was revoked in 1999. Now is it true that Banks can use fractional reserve banking at a ratio of 25 to 1 to...

Prices going up? Must be those damn speculators. Couldn't have anything to do with the Fed. Maybe one day Joe Sixpack will wake up to the banking scam - until then I guess he can enjoy his silicone pizza.

Maxpi - unless you have over $200K in a joint account your money is "run proof" in any FDIC insured bank. The Fed will just print up some more monopoly money and loan it to the govt. to reimburse your loss when if banks go insolvent. Now if you are talking about really protecting your wealth in...

Just my 2 cents - people always forget that societies have empirically developed diets over 1000s of years. If you want to know what works, a good starting point is the traditional diet for your ethnic type and/or region. That means organic food, and probably a lot less meat, cheese, white...

Not that I care if you all short commodities.... but deflation is an almost impossible scenario IMO. How do you pay off our massive and growing personal and govt. debt on a deflating currency? It would cause almost everyone, including the govt., to default. Then the currency would collapse...

Interesting posts - as usual traders are a lot more ethical than most people. In real estate everyone is more than happy to take out loans, shift risk, and walk away when their gamble doesn't pay off. Even the banks are doing this now that they've gotten into the trading game. Must be nice as a...

Speculation almost exclusively affects the futures prices (which have been in backwardation for years now by the way). The spot price is determined by actual demand and supply if you discount a little fluctuation in storage due to speculation. I'm not an expert trader but thought this was fairly...