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Gold/Mining/Energy : Gold Price Monitor
GDXJ 113.78-1.2%Dec 31 4:00 PM EST
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To: Jim Willie CB who wrote (89748)9/18/2002 5:02:55 PM
From: long-gone  Read Replies (1) of 116837
 
but word is the banks are, in effect, reducing liquidity in the face of the Fed's actions to the opposite lending end. Many are saying the loan institutions are adopting tight money policies, now, as the economy needs more lending and greater liquidity. Where were the tight credit standards - when they were really needed to prevent these problems?
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