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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (55174)	6/26/2000 10:12:00 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 116753

well, here's your 'complete collapse' of MZM: stls.frb.org as can be seen, after leveling off for a little while, it has begun to re-accelerate. here's recent credit growth: stls.frb.org to keep abreast of the conduct of monetary policy in the US, i recommend reading this weekly report: beartopia.net and here's Doug Nolands most recent report on the credit markets - i think it's a rather sobering picture: prudentbear.com it only remains to be said that according to Greenspan, the Fed doesn't know anymore 'how to define money' and thus professes to be unable to manage it, LOL. note in the weekly monetary report, the key sentence is: <<As you can see in any recent depiction of money supply growth, the only circumstance of which anything certain may be said is that of above-target growth. Regardless of any mitigation, growth remains significantly higher than during any other Fed tightening cycle.>> and <<Funds are not tight. Any drains put on by the Fed are only temporary.>> regards, hb