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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (11232)7/10/2002 3:33:24 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, remember when I said shorting the dollar & going long the Swissy, Yen & Euro was going to be a nice futures trade? Turned out better than I thought!!!!
charts3.barchart.com

The money supply figure for the latest week shows the broad M-3 money supply up a mind-bending $39.7 billion. M-3 is now growing at the annualized rate of $2 trillion a year. Yes, an annualized push in the $trillions!!!

I have noticed the past few weeks than when I get change in $1's, 5's & 10 bills,, they are all new bills, never been in a pocket before, and these ain't "star" notes either, so these are newly created out of thin air, and it goes hand in fist with the M-3 expansion...

What does this tell us?