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


To: Wyätt Gwyön who wrote (13482)5/8/2004 10:29:57 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
I've adopted the Noland theory of money after misapplying standard contracting banking money supply growth in late 2003. Slowing money supply growth was a false indicator last fall, that drew me prematurely (plus the fact that I didn't see these yahoos pushing on the accelerator up to the present day) into a few short sales, although it did take me out of precious metal stocks near the peak then.

I do think that even applying Noland's approach, "money supply" growth will start to slow, if it hasn't already. It will have little immediate effect on inflation though, as there's just too much packed into the pipeline right now.



To: Wyätt Gwyön who wrote (13482)5/8/2004 7:00:54 PM
From: NOW  Respond to of 110194
 
moreover, why in the world would we trust M #'s when we cant trust the reports ffrom other entities such as BLS. Who could verify the M #'s?