I have to re-visit this. I am struggling to get 2 charts on the screen. Sorry for the dealy.


If the sell-off on Dow Jones, or the rally on Gold have anything to do with tapering the Central Banks' Balance sheets, they have a lot to talk about in Davos.

Notice the Difference between the M3 and Central Banks' Balances.

BOTH IS RELATIVE AND REAL TERMS.

Tapering is nigh impossible

snapshot
balancesheetMacroeconomic Analysis And Trading IdeasFundamental Analysism3Trend Analysis

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