Monday, January 23, 2006

Federal Reserve to cease reporting M3 data...

"On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.

Measures of large-denomination time deposits will continue to be published by the Board in the Flow of Funds Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly basis (for commercial banks)."

Article: Federal Reserve

Now is the time to invest as much as you can in gold and silver, since these are stable investments that have only ever increased in value. By ceasing reports in the M3 data, the federal reserve only send a sign that the dollar is going to collapse due to an increase in spending and constant inflation of the dollar. This will lead to a collapse in the economy and possibly a worldwide depression or recession.