There are those who say the following numbers are proof the credit crisis is nearing an end, as it shows less demand for money from the Fed’s. I say they are simply running out of quality/acceptable collateral. We’ll see.
NY FED: $7.24B IN TOTAL BIDS SUBMITTED AT $25B 28-DAY TSLF AUCTION, BID TO COVER RATIO 0.29
- Stop out rate 0.1%
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)

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