An update of the weekly google insights charts for 30/4/11. Using these indicators, the contrarian investor can attempt to gauge the prevailing opinion in the inflation vs deflation debate.

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An update of the daily treasury statement charts for 29/4/11:

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An update of the Fed balance sheet charts for 28/4/11. From this week onwards, I will be posting a plain (dollar-denominated) chart of the Federal Reserve’s assets (in addition to the usual ‘proportions’ chart).

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Statements such as ‘The Federal Reserve should have done such and such’ or ‘The Bank of Japan shouldn’t have done this and that’ are often uttered by market analysts and commentators. Although these analysts and commentators are often well-intentioned and healthily skeptical, their statements contain a fallacious premise (in my mind): that central banks could have succeeded.

     

    Cartoon with Bernanke and an Angel - About Omniscience & Central Banking

    Click to enlarge.

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    The updated global real interest rate charts:

     

    [EDIT: For up-to-date real interest rate charts see here.]

    [EDIT 2: You can now buy the data behind the main chart below.]

     

    Long-term & Short-term Real Fed Funds Rate:

     

    The declining trend in the real fed funds rate continued in march. The charts of the real fed funds rate have shown sharp declines in recent months. We should note that gold has been on a tear higher in recent months also – this corroborates the usual thesis that ‘negative real rates are positive for the gold price’.


    Long-term Real Fed Funds Rate Chart

    Click to enlarge. Source: St Louis Fed

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    An update of the daily treasury statement charts for 27/4/11:

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    An update of the daily treasury statement charts for 25/4/11:

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