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Is this true?

Over the past two days, December 21st - when our first Hindenburg Omen (of whatever cluster is coming) - and Thursday December 22nd, the Federal Reserve has conducted one of the largest two-day Repo injections of money into the system since back in September 2001. On Wednesday they added $18.0 billion in reserves and on Thursday they added another $20.0 billion. Is this a coincidence, coming right as we get another Hindenburg Omen? Probably not. Is something high-risk going on behind the scenes here? Let's review some facts at the Fed. On November 10th, 2005, shortly after appointing Bernanke to replace Greenbackspan, the Fed mysteriously announced with little comment and no palatable justification that they will hide M-3 effective March 2006. M-3 has been the main staple of money supply measurement and transparent disclosure since the Fed was founded back in 1913. It is the key monetary aggregate that includes Fed Repo transactions, that mechanism whereby the Fed increases reserves. The date when M-3 will start being hidden also happens to be the exact month that Iran will declare economic war against the U.S. Dollar by trading its oil in Petro-Euros on its new bourse

Is this true? (my question is about "the exact date" not about
whether the right of another country to use whatever currency
it wants can fairly be called "war"...is it or is it not the same
date?)

I'm also wondering about the fed "unusually many departures"
but the Iran question is one I'm most intersted in. And
even putting aside the coinciding?? dates, I'm wondering
what the official reasons are for M3 hiding and which
mainstream media outlets if any have given that substantial
significant coverage?

http://peakoil.com/article10225.html

If a substantial amount of oil transactions will suddenly be conducted in Euros instead of Dollars, this should put pressure on the Dollar as folks exchange Dollars for Euros, jeopardizing the Dollar's status as the world's reserve currency, making it more difficult to print all the dollars the Fed wants to without driving the Dollar into the ground. Iraq threatened to do what Iran has threatened to do just before we went in looking for weapons of mass disappearance...Could it be some folks at the top of the Fed do not have the stomach to be part of what is about to go down?

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War with Iran coming?

http://www.globalresearch.ca/index.php?context=viewArticle&code=20051221&articleId=1578

Head of CIA Tells Turks to Prepare for Attack on Iran

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okay! if bush wants to extend the war then how do we make money on this?
do we move into cash waiting for interest rates to rise if the dollar gets trashed because there will be less demand for it.
do we move into natural resources and natural resource rich country's?
do we wait for the turkish market to crash because the war was expanded?
do we move into euro's?
lets kick this around for a while!!!!!!!!!!!!
fred
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this could make us a lot of money!
fred
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Hedging by moving a bit into Euros might make sense.

But, other than that, the rest could go either
up or down.

If USG can hide information, we can't make investment decisions
very well, and it's also a matter of freedom and democracy
to have a minimum (if any) of backroom hush hush stuff.

But that said and those opinions expressed, I'm still hoping
someone out there can confirm/deny the several assertions
I alluded to...or else keep us abreast on research on those things..
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okay! if bush wants to extend the war then how do we make money on this?
do we move into cash waiting for interest rates to rise if the dollar gets trashed because there will be less demand for it.
do we move into natural resources and natural resource rich country's?
do we wait for the turkish market to crash because the war was expanded?
do we move into euro's?
lets kick this around for a while!!!!!!!!!!!!
fred


What if we kick around how we can stop this continued aggression and not how we can profit from it? How could you possibly feel good about yourself making money from the destruction of life anywhere? Especially this time of year when so many are preaching peace and praying for peace.

I truly hope you weren't serious about this. And I also hope that Bush has lost enough political capital by now to not be able to "expand" this illegal war!.

Chris
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Imaginistics:

At the risk of sounding really obnoxious, if you'd read something other than the peak oil website you wouldn't need to look for answers on M3 here on this board...it has been discussed at length on numerous websites over the past month. I'll offer this one as an instance with a somewhat different (less conspiratorial) take on the situation...

http://globaleconomicanalysis.blogspot.com/2005/12/different-take-on-m3.html

I apologize (somewhat) for not being pleasant about this but have really tired of your persistent posting of links to a singular site. Not that I disagree about peak oil, just the lack of variety of your postings.

Rusty
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What if we kick around how we can stop this continued aggression and not how we can profit from it? How could you possibly feel good about yourself making money from the destruction of life anywhere? Especially this time of year when so many are preaching peace and praying for peace.

I truly hope you weren't serious about this. And I also hope that Bush has lost enough political capital by now to not be able to "expand" this illegal war!.

Chris, i would love to see the world at peace but it just isn't going to happen. people have been fighting on this earth since the beginning of time and it isn't going to stop. i truly wish that you or i would have the power to stop this but we don't.

if you invest any money at all you are either directly or indirectly making money from the destruction of life or the rebuilding from the destruction.

bush still has the clout to expand the war because he is a lame duck president. no body is going to touch him. he can just call it a police action.

as long as the war goes on the president can still spend money like a drunken sailor on leave because it keeps the economy going.


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At the risk of sounding really obnoxious, if you'd read something other than the peak oil website you wouldn't need to look for answers on M3 here on this board...apologize (somewhat) for not being pleasant about this but have really tired of your persistent posting of links to a singular site. Not that I disagree about peak oil, just the lack of variety of your postings.


Rusty,

You do not sound nearly as obnoxious as you do sound grossly
uninformed.

I may have been insufficiently informed about M3 but at least
I don't make gross generalizations about a website from the title
only.

In other words, Rusty, I read peakoil.com precisely because
(notwithstanding its name) it has a wide variety of key subjects, including

1. Peak Oil (and peak NG and so on, let's just count all of those
as one item)

2. Climate Change

3. Monitary policy (duh! that's what the post was about)

4. Foreign policy (wide variety)

5. Economics

and other topics you'd discover if you read peakoil.com
long enough to notice it covers much more than just
"peak oil" the above four rather varied subjects
being a few areas...

Before I wish you wonderful season's greetings and
a wonderful new years let me point out you did not
only border on (in your own words) "obnoxious" but
also on being nore very helpful since one of the main
questions was: has the mainstream media covered this story
to any substantial and significant extent; surely you
must be aware (..yes..?) that financialsense.com
and http://globaleconomicanalysis.blogspot.com
are not what "mainstream media"refers to....I just
read the later which gave indication of, either,
why the mainstream media has not covered this or,
links to examples of significant, substantial coverage by the
mainstream media.

I also find your notion of what a "conspiracy" questions is, very strange...Happy holidays and cheers,

Imaginistics

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Well Rusty, I've read your globaleconomicanalysis.blogspot.com
link is it's about as clear as mud. IT does not give
any definite answer to what the official reason is, or what
this blog thinks the reason for dropping M3 is. (Yeah,
one might "prefer to watch M2 than to watch M3" which tells
us nothing about why a complete and utter drop in reporting
the latter must logically follow)

Am still shaking my head at your
statement to being so personally "tired" of "persistent posting of links to a singular site" but it's nothing a good therapist can't help you with ;-)

it's also essentially a false statement since those were metalinks; the link to peakoil.com merely linked to another site so ten
links "to peakoil.com" often translate in reality into
actual de facto links to 10 entirely different sites on the web.

Meanwhile, I'm still waiting for an actual reply to

1. what the official reasons were

[Your financialsense link indicated the Fed gave no explanation
but something from another part of the federal government would
still be an "official" reason of sorts]

2. solid independent analysis of what the reasons were

and

3. links to substantial and significant coverage in the
mainstream media or else an analysis for the lack thereof
for such a newsworthy story and break in policy.

If you don't have solid answers, that's cool, neither
do I, let's wait and see if someone else does instead
of ranting about how you hate some website or other, 'k?

Peace,

Imaginistics
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The FEd isn't hiding M3!!

Desperate goldbugs who think a disaster is hiding under every rock think so!!

We would ove it if oil sellers wanted EUROs i/o USDs.

The $ would weaken ,increasing our competitiveness in the golbal economy
and
oil sellers would own the currency of the outdoor museum, knownas Europe!1

thats good!!1
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