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To: waverider who wrote (72073)5/22/2000 12:53:00 AM
From: 16yearcycle  Respond to of 152472
 
the money supply is up ~2% in the last 12 months. Not very alarming.



To: waverider who wrote (72073)5/22/2000 1:09:00 AM
From: IngotWeTrust  Read Replies (3) | Respond to of 152472
 
May I take a stab at that one <H>?

The facts are these:
Printing of US currency and deliberate destruction of same is public information and quarterly put out by the St.Louis Branch of the Federal Reserve in what is known as the Beige Book.

It is FACT that more US currency has been printed for disbursement and distribution GLOBALLY in the last 20 months for example than in the entire previous 6.5 years.
Money supply is growing at a staggering rate, and ony about 31% last reliable research statistics courtesy of AAII that I read, is circulated stateside.

AG has done his level best to flood the US a/w/a the world with US $, a clamored for commodity in many parts of the world.

I don't know what the other chap will tell you, but the Beige Book is available for any and all to read at any time they chose to acquaint themselves with the printing and destruction table/data therein.

Hope this helps.
G/Nite.



To: waverider who wrote (72073)5/22/2000 8:35:00 AM
From: Tommaso  Read Replies (1) | Respond to of 152472
 
"data to support that please..."

Here's the data.

bog.frb.fed.us

The slight reduction in money growth since January has been enough to affect the markets pretty badly.



To: waverider who wrote (72073)5/22/2000 12:19:00 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 152472
 
we had 20% money growth leading up to y2k - read that in article somewhere. it was widely known alan was increasing cash availability ahead of y2k. it was also widely reported he would take it out. he didn't. do a little due dilly yourself as i don't get paid like the assoc. press.

i'll try to dig up the information again - but, as an investor, you should watch these key metrics.