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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Silver Super Bull who wrote (773)	9/15/2003 11:17:57 PM
From: loantech	Respond to of 110194

db,I guess the experts may be wrong as foreclosures and bankruptcy levels are at high levels and rising. tom

To: Silver Super Bull who wrote (773)	9/16/2003 9:09:55 AM
From: Silver Super Bull	Respond to of 110194

Puplava's latest commentary: financialsense.com What really caught my eye was the "Velocity of Circulation" graph he shows. He then says: "While the supply of money and credit has expanded the velocity of money has fallen. This indicates that monetary policy is becoming less effective in achieving its desired goal. It may be the main reason why Fed officials sound less upbeat these days. They are running out of traditional monetary tools and may soon have to resort to extraordinary means if they desire to keep the U.S. economy and financial markets out recession and decline."