Tuesday, May 09, 2006 2:47:10 PM
http://www.federalreserve.gov/releases/h6/discm3.htm
... Gold has been acting like it's a new defacto M3 yardstick.
You can see from this chart.... that since the day the FED discontinued reporting M3 (March 23/06) Gold has been acting like it a new M3 measurement (and it has alot of catching up to do)...
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