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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (10600)	11/18/2008 11:00:20 PM
From: John Pitera	1 Recommendation Read Replies (1) \| Respond to of 33421

Hawk, some of this stuff is simply above my pay grade...... let's stay tuned. The chart you posted last week from Mauldin's outside the box special showing that www.shadowstats.com was showing a 38% Year over year increase in the monetary base is staggering, that's just beyond the realm of normal times, I believe that's whats know as Quantitative Easing "You may remember my prediction last month that Bernanke's helicopters were on their way. I cannot resist the temptation to show you this chart, courtesy of John Williams at Shadow Government Statistics (see chart 1). The monetary base has literally exploded in recent weeks and is up a staggering 38% year-on-yearhe highest increase since 1939 according to my good friend Simon Hunt at Simon Hunt Strategic Services. Not entirely surprising, you might say. After all, you would expect the Federal Reserve Bank to react swiftly in response to the drama unfolding in front of our eyes." investorsinsight.com