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Politics : Welcome to Slider's Dugout

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From: paul ross8/21/2008 12:41:08 PM
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Everyone selling out on today's rally ?...HUI, that is.....looking to see if that old trading range of approx 315-365 will be confirmed....Slider's trading range of about a year ago.

Though I know money supply figures are way down and we're in a temporary deflation contraction, its still interesting to me that gold/commodities takes a really big hit just prior to this weeks extra-ordinary inflation numbers..

More on shrinking M3:
"Data compiled by Lombard Street Research shows that the M3 ''broad money" aggregates fell by almost $50 billion (£26.8 billion) in July, the biggest one-month fall since modern records began in 1959."

minyanville.com
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