For the 13 weeks ending Feb-09-06 (last figures available), the growth of M3 was +7.8 pct from the comparable period 52 weeks ago, +9.4 pct compared to 26 weeks ago. These numbers are an increase of +0.1 pct over those reported a week ago.

In other words, the situation is getting worse. As you know, the total money supply is growing three times faster than the total economy. This week, like the last, and the one(s) before that, it picked up speed.

The U.S. is financing the incredible growth in countries like China and India. And there will be a day of reckoning. Soon.

The bothersome point is that Wall Street employs hundreds of well-educated, well-compensated economists, but they are not issuing warnings.

Maybe those people can read the line item stuff and miss the big picture. Do you think? Or maybe they understand the big picture, but get paid to cover it up.

In any event, the American public are being misled if they think all is well in Washington, and with the USD.

I'll stick to gold thank you. It's no wonder to me why gold had another great day.

Btw, "Mover Mike" has posted his opinion that the USD has peaked.

On Tuesday, he asked the question "Who is Timothy Middleton?" And he answered that Middleton might be another Luskin, which is a frightening thought.