Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (18553)	4/29/2002 5:38:25 PM
From: Ilaine	Read Replies (1) of 74559

OK, here are a couple more charts - both sets are the same data but one is log and one is not. mason.gmu.edu mason.gmu.edu The argument I would make is that the money supply did not go down, and the gold stocks did not go down, but the gold was transferred from state and national banks into the Federal Reserve system, and that made the banks unstable (make sure you scroll down to see the second chart on the page). Since the money supply data is cumulative, shouldn't I use the log table? (I think the currency reserves for state and national banks stayed high, too, but I guess I need to make a chart to show that).

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