Months from now we will laugh that we ever thought these prices were high! But we will still feel just as crushed at every retracement haha.
A price at a speculative peak implies predictions higher, otherwise there would be no buying suckers there. And inverted, bottom implies implies predictions lower otherwise no selling suckers there. So lol at this old jaw. What is predicted, is ALREADY IN the price. Speculators that listen to speculators, implicits following, and following is the wrong side of the win/lose cheat game.
Unless a huge amount of money was just pulled from circulation, data on the FRED site makes no sense in terms of M1 and M2.
Not actually cheap, but Perth Mint's eBay store keeps undercutting dealers. Plus 5% vouchers were working a few weeks ago and $10 and $30 off vouchers are working today. https://www.ebay.com.au/itm/254747234225 Says roos in caps too.
The FRED website is misleading, M2 has reduced and M1 has increased so money has been transferred to circulation if I’m not wrong.