http://nmmmnu.blogspot.com/2008/02/hmmm-us-bank-reserves.html
Looks like the situation is because of the FED auctions.
If you wanna more information, check Jim Puplava show here:
http://www.financialsense.com/fsn/main.html
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My name is Nikolay Mihaylov, and these are my finance notes. I am *NOT* so experienced in this area, but may be is good for you to see how I am thinking :) Unlike most other blogs, here, everything is real transaction, unless is theoretical post, which is used for finding entering price. So enjoy it.
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