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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
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To: Michael Collings who wrote (66259)3/20/2001 4:02:12 PM
From: ahhaha  Read Replies (3) of 116764
 
Doug Nolan needs to read me. I've been at this longer than he's been alive.

You have no evidence and your claim is as hollow as Nolan. All you have to do is investigate by looking at a long term chart of consumer installment credit and C&I loans to see that there is no excesses in credit creation. Credit has expanded in line with GNP during the last 50 years in spite of good times or bad. In the last 5 years there has been a surprisingly low relative degree of credit creation.
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