Wednesday, February 17, 2010

Gold charts 2/1/2010

In all charts, money stock values come from the St. Louis Fed. Gold stocks come from the Gold Council and gold prices from Kitco. These comparisons are for US money stock vs. World gold supply.

Starting with the 1/1/2010 data, I adjusted the estimated gold supply up by 2% to reflect mining output for 2009. This affects the M2/oz chart but does not affect the M2/price chart. I will make further adjustments when I receive updated supply figures from the Gold Council.

Charts do not start at zero to better show changes.




The beginning of February was a slightly better time to buy than January or December.

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