A Picture of Growing Concern

Below is a picture of liquidity.

St. Louis Adjusted Monetary Base:


Below is a picture of concern. An up tick in historically low yielding cash assets suggests growing concern within the banking system. A breach of the 2010 highs cannot be ignored.

Cash Assets 12-Month Change (CASH12LN) And Percentage of Total Bank Credit (%TBC)

Dear Jim:

Why you should be confident about your gold holdings. I doubt you will see this chart in the mainstream media any time soon, if EVER.

CIGA Ed P.

Source: jsminset.com