I cant believe someone would argue in favor concealing M3 on this forum... but then again...anyone who equates debt with worth is not to be listened too..
When the Fed conceals M3, and Bernake is in place...you can watch the beloved dollar resume its multi-year downward spiral...
Coincident with that will the next leg up in gold and commodites from a dollar denominated perspective...
BTW...did you happen to notice the yield curve inverted in the bond market today for a moment for the first time in 5 years?...what happened 5 years ago to the market...
Good luck...your going to need it...
Please explain what M3 shows that isn't in M2.
... but then again...anyone who equates debt with worth is not to be listened too..
Didn't say that. Household net worth is at an all time high.
Coincident with that will the next leg up in gold and commodites from a dollar denominated perspective...
BTW...did you happen to notice the yield curve inverted in the bond market today for a moment for the first time in 5 years?...what happened 5 years ago to the market...
If anything, the yield curve indicates a strengthening dollar, especially when one considers that the EU funds rate is much lower. Bernanke needs to end the current tightening trend. There's no need to cause a recession, though Greenspan seemed to enjoy them immensely.