3/13/2013 Portland, Oregon – Pop in your mints…
In the midst all of the turmoil that is about to unfold in the currency markets, our better half created a nice meme on the “Keep Calm and Carry On” poster of British WWII fame.
Trust us, the monetary authorities did not count on the underlying economy improving at such a rapid pace. Inflation is nigh, and the only thing in the currency realm that can be counted on is for the Central Banks of the world to turn off the cheap cash spigots at exactly the wrong time.
Don’t let them catch you off your guard, but do keep calm, carry on, and read The Mint!
Stay tuned and Trust Jesus.
Key Indicators for March 13, 2013
Copper Price per Lb: $3.51
Oil Price per Barrel: $92.38
Corn Price per Bushel: $7.41
10 Yr US Treasury Bond: 2.02%
FED Target Rate: 0.15% ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce: $1,588 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*: 0.25%
Unemployment Rate: 7.7%
Inflation Rate (CPI): 0.0%
Dow Jones Industrial Average: 14,455
M1 Monetary Base: $2,481,500,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base: $10,377,900,000,000