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Your big bets for 2019-2020?
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<blockquote data-quote="Bazzwaldo" data-source="post: 1272458" data-attributes="member: 8441"><p>^^^</p><p>Thanks for the link Burner, here's something you or other Aussies may be interested in </p><p>There's been a massive jump in M1 Money supply in Australia <a href="https://tradingeconomics.com/australia/money-supply-m1" target="_blank">https://tradingeconomics.com/australia/money-supply-m1</a></p><p>"Money Supply M1 in Australia increased to 1014.60 AUD Billion in July from 360.21 AUD Billion in June of 2019."</p><p>That's a 282% increase in one month!</p><p>Back of the envelope calculation of total deposits in Australian Banks is AUD $1.8 Trillion Source: <a href="https://australia.financialadvisory.com/biggest-banks-by-deposits-australia-2016.html" target="_blank">https://australia.financialadvisory.com/biggest-banks-by-deposits-australia-2016.html</a></p><p>M0 supply is currently AUD$ 113 Billion or about 6% of total deposits</p><p>I think there's some bad news coming and they are gearing up for it</p><p>I'm cashing out and sidelining might even top up on PM</p></blockquote><p></p>
[QUOTE="Bazzwaldo, post: 1272458, member: 8441"] ^^^ Thanks for the link Burner, here's something you or other Aussies may be interested in There's been a massive jump in M1 Money supply in Australia [URL]https://tradingeconomics.com/australia/money-supply-m1[/URL] "Money Supply M1 in Australia increased to 1014.60 AUD Billion in July from 360.21 AUD Billion in June of 2019." That's a 282% increase in one month! Back of the envelope calculation of total deposits in Australian Banks is AUD $1.8 Trillion Source: [URL]https://australia.financialadvisory.com/biggest-banks-by-deposits-australia-2016.html[/URL] M0 supply is currently AUD$ 113 Billion or about 6% of total deposits I think there's some bad news coming and they are gearing up for it I'm cashing out and sidelining might even top up on PM [/QUOTE]
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