Thursday, February 26, 2009

Removed Fed NY Economic Calendar

After living with it a while, it turns out there was too much overlap with the FX calendar. The FX calendar is more useful and AJAXy.

Saturday, February 7, 2009

Updated money supply vs. gold

The Gold Council released their latest report in January, 2009. According to that report, the total above ground gold stocks at the end of 2008 were 5,175,202,156 oz. My previous estimate was 5,856,520,091 oz.

Adjusting for the new, lower amount leads to these results:

MZM vs. gold as of 1/19/2009:
MZM (billions, St. Louis Fed, not seasonally adjusted): 9411.8
Gold supply (oz, estimated): 5,175,202,156
Gold price in USD: $840
MZM/oz: $1,819

M2 vs. gold as of 1/19/2009:
M2 (billions, St. Louis Fed, not seasonally adjusted): 8229.7
Gold supply (oz, estimated): 5,175,202,156
Gold price in USD: $840
M2/oz: $1,590

Friday, February 6, 2009

Added Fed NY Economic Calendar

The Federal Reserve Bank of New York publishes an economic calendar with direct links to the various reports. It contains some different reports than those on the FX site.