Yesterday evening, U.S. M2 Money Supply Data for December 2021 was finally published... and the growth was extremely alarming! U.S. M2 Money Supply increased by 1.6% on a month-over-month (MoM) basis, which was a new 9-month high and 2.76X higher than the long-term median of 0.58%. December 2021 was the 27th highest MoM M2 Percentage Change in history!
We are 23 months into a streak of positive MoM M2 Growth, which is the third largest streak in history.
The second largest streak of positive MoM M2 Growth began in May 1970. 23 months into that streak in April 1972, gold was trading for $48.35 per oz. Over the following 14 months, gold gained by 160.6% to $126 per oz.
The #1 largest streak of positive MoM M2 Growth began in August 1974. 23 months into that streak in July 1976, gold was trading for $111 per oz. Over the following 42 months, gold gained by 665.77% to $850 per oz.
Preparing Americans for Hyperinflation
