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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (599)	7/24/2001 8:30:53 PM
From: maceng2	Read Replies (1) \| Respond to of 1643

Re 10,000 banks failed during the great depression after the fed had been in existence 20 years. and your later message... Prior to the creation of the Fed, the worst bank panic caused 2.8% of the banks to fail in 1873. Following the creation of the Fed, almost 50% of the banks failed during the 30's. OK, so the Federal Reserve CB experiment was not 100% effective -g- The TV news here talking very much about recession and Greenspan. Also watched an interesting program about coin minting. Said one of the reasons the USA became a great nation was they (all the individual states) started using the same currency in the 1790's. Not sure if the euro will have the same effect. I think I am going to buy some of those Canadian 1 oz gold Maple leaves with the hologram stamped on it...cool.