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Politics : Welcome to Slider's Dugout
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To: roguedolphin who wrote (4141)12/14/2006 12:08:00 PM
From: Nihontochicken  Read Replies (1) of 50729
 
"The reconstructed M3 data – the broadest measure of money – published on econometrician Gary Kuever's website, NowAndFutures.com, shows M3 increased at a rate of 11 percent in May, compared to 9 percent when the Federal Reserve quit publishing M3 data earlier this year."

Here once again is the M3 site referenced above:

nowandfutures.com

Looking at the M3 chart, as well as the others indicating burgeoning credit and liquidity, I fail to logically comprehend as to how the gold bull is dead.

NC
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