Agreed! STILL buying physical silver around $31/oz delivered! IT'S ON SALE, BTCHS!!! lol!
The Federal Reserve Note is ending its lifecycle, imo. NOW is the time to get into the 4 precious metals: Gold (Au), Silver (Ag).....and Steel-Jacketed Lead / Lead-Jacketed Steel :)
The reason being, "Before May 2020, M2 consists of M1 plus (1) savings deposits (including money market deposit accounts); (2) small-denomination time deposits (time deposits in amounts of less than $100,000) less individual retirement account (IRA) and Keogh balances at depository institutions; and (3) balances in retail money market funds (MMFs) less IRA and Keogh balances at MMFs.
"Beginning May 2020, M2 consists of M1 plus (1) small-denomination time deposits (time deposits in amounts of less than $100,000) less IRA and Keogh balances at depository institutions; and (2) balances in retail MMFs less IRA and Keogh balances at MMFs. Seasonally adjusted M2 is constructed by summing savings deposits (before May 2020), small-denomination time deposits, and retail MMFs, each seasonally adjusted separately, and adding this result to seasonally adjusted M1.
"For more information on the H.6 release changes and the regulatory amendment that led to the creation of the other liquid deposits component and its inclusion in the M1 monetary aggregate, see the H.6 announcements and Technical Q&As posted on December 17, 2020."
However, actually discontinued are Total Savings Deposits at all Depository Institutions (DISCONTINUED), Retail Money Funds (DISCONTINUED), Non-M1 Components of M2 (DISCONTINUED), Savings Deposits - Total (DISCONTINUED), Small Time Deposits - Total (DISCONTINUED), and more: https://fred.stlouisfed.org/categories/29
Yes. Steel core, or steel-jacked lead. Some are still available in certain calibers. I suggest talking to your friends/family who are well versed in NATO & Warsaw Pact calibers. Get it whilst you can!
Also horrific data. A lot of the extreme increase in M1 though is from shifting of definition of what is M1 and what is non-M1 component of M2. (In other words, some previously non-M1 components of M2 were shifted to M1.)
And again, while M1 is still being reported (just on a different page with a definition change) a number of other M1-related things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Living paycheck to paycheck kind of makes this option hard ?
Move. To a red state with healthy industries. They're always hiring and they secretly pay very well.
Can I get more red than Texas?
Wyoming.
I think OK is more red.
Gold and Silver don't help you much if Lead is being delivered your way at high speed.
That's why you loot the bodies you've been forced to shoot when it IS hot. And play Robin Hood for a little while, while you're at it.
Agreed! STILL buying physical silver around $31/oz delivered! IT'S ON SALE, BTCHS!!! lol!
The Federal Reserve Note is ending its lifecycle, imo. NOW is the time to get into the 4 precious metals: Gold (Au), Silver (Ag).....and Steel-Jacketed Lead / Lead-Jacketed Steel :)
The data are bad but M2 reporting is not discontinued, but changed somewhat. It is the webpage being discontinued, replaced by:
https://fred.stlouisfed.org/series/M2SL
The reason being, "Before May 2020, M2 consists of M1 plus (1) savings deposits (including money market deposit accounts); (2) small-denomination time deposits (time deposits in amounts of less than $100,000) less individual retirement account (IRA) and Keogh balances at depository institutions; and (3) balances in retail money market funds (MMFs) less IRA and Keogh balances at MMFs.
"Beginning May 2020, M2 consists of M1 plus (1) small-denomination time deposits (time deposits in amounts of less than $100,000) less IRA and Keogh balances at depository institutions; and (2) balances in retail MMFs less IRA and Keogh balances at MMFs. Seasonally adjusted M2 is constructed by summing savings deposits (before May 2020), small-denomination time deposits, and retail MMFs, each seasonally adjusted separately, and adding this result to seasonally adjusted M1.
"For more information on the H.6 release changes and the regulatory amendment that led to the creation of the other liquid deposits component and its inclusion in the M1 monetary aggregate, see the H.6 announcements and Technical Q&As posted on December 17, 2020."
However, actually discontinued are Total Savings Deposits at all Depository Institutions (DISCONTINUED), Retail Money Funds (DISCONTINUED), Non-M1 Components of M2 (DISCONTINUED), Savings Deposits - Total (DISCONTINUED), Small Time Deposits - Total (DISCONTINUED), and more: https://fred.stlouisfed.org/categories/29
Yes. Steel core, or steel-jacked lead. Some are still available in certain calibers. I suggest talking to your friends/family who are well versed in NATO & Warsaw Pact calibers. Get it whilst you can!
Here is the M1 Chart link:
https://twitter.com/Galactic_Trader/status/1364934563634511872/photo/1
Also that's the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. A lot of the extreme increase in M1 though is from shifting of definition of what is M1 and what is non-M1 component of M2. (In other words, some previously non-M1 components of M2 were shifted to M1.)
And again, while M1 is still being reported (just on a different page with a definition change) a number of other M1-related things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Thanks for the clarification! Much appreciated! .....now, off to buy more physical silver :)
One of the comments said, "we've lost control, and now we're advertising it."