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Gold/Mining/Energy : GOLD-XAU
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To: philv who wrote (51)11/20/1997 1:52:00 AM
From: Terry Rose  Read Replies (1) of 1756
 
Housing starts were up again after an 8% increase the previous month and T-bond rate dropped, my question is if money supply is dropping in Asia who's buying the bonds sold by central banks under pressure? If U.S. Treasury is cranking up the printing press to buy them back as suggested by a previous post how would we confirm this? If M2 or M3 is being expanded at an 8% annual would there not be some uptick over the past month or so?
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