By Alasdair Macleod 2011-DEC-17
This article has been posted at GoldMoney, here.
This is the time of year when City pundits produce their forecasts for the forthcoming year. Historically there has been little point to this exercise. Instead, here is the one chart which defines the background to all events in the coming years. It is the Mises Institute's True Money Supply (TMS) for
