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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST
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To: John Hunt who wrote (22735)11/9/1998 12:33:00 AM
From: PaulM  Read Replies (3) of 116781
 
"the money supply is growing at an annualized rate of 16%"

Interesting, and the Fed is no doubt pumping money like crazy, but where do you think the 16% figure comes from. The Fed's Nov 5 money stock release seems to show the typical 10% rate for M3.

Think he's talking about the monetary base?
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