Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: Wade	5/29/2008 10:33:14 PM
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Here we go again: biz.yahoo.com Fed to make fresh batch of bank loans Thursday May 29, 2:55 pm ET By Jeannine Aversa, AP Economics Writer Fed to keep making bank loans available to ease credit stresses WASHINGTON (AP) -- The Federal Reserve announced Thursday that it will make a fresh batch of short-term cash loans available to squeezed banks as part of an ongoing effort to ease stressed credit markets. The Fed said it will conduct three auctions in June, with each one making $75 billion available in short-term cash loans. Banks can bid for a slice of the available funds. It would mark the latest round in a program that the Fed launched in December to help banks overcome credit problems so they will keep lending to customers. ..more Who created inflation any way?

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