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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: long-gone who wrote (25382)1/4/1999 3:12:00 PM
From: Zardoz  Read Replies (1) of 116764
 
"Do you continue to deny the the addition of the "Cash" portion of M-1 to money supply to allow for Y2K withdrawls to begin in June?"

You better look into M1 before you go around suggesting that it is important. Do you even know what M1 is?

M1: Currency.

Just more CASH sitting in the BANKS. Very little concern. As when it's not used, back to the fire it goes. Just adds a nice buffer for those such as yourself, who jump and scream about Y2K, when it really will pass like all else, with a whimper. The addition does not effect the economy, bonds. So what's your point?
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