America up for Auction
and the winning bid goes to
It appears that
are giving up
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Our Politicians Are Selling Off Pieces Of America To Foreign
Investors – And Goldman Sachs Is Helping Them Do It
CONTRIBUTOR: THE ECONOMIC COLLAPSE BLOG. All over the United States, politicians are selling off key pieces of infrastructure to foreign investors and big Wall Street banks like Goldman Sachs are helping them do it…Click here to read, "Our Politicians Are Selling Off Pieces Of America To Foreign Investors – And Goldman Sachs Is Helping Them Do It"...
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Silver Price Surges Breakout Imminent?
CONTRIBUTOR: GOLDMONEY. Gold and silver both experienced big up-days yesterday, with the front-month Comex gold contract up by 2% to over $1,510 per troy ounce, and the equivalent silver contract surging by 5.1% to close at $35.402 per ounce...Click here to read, "Silver Price Surges Breakout Imminent?"...
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Portuguese Bonds In Meltdown – Euro Gold Rises To
€1,056/oz - 3% From Record Nominal High On Contagion Risk
CONTRIBUTOR: GOLDCORE. Gold is marginally higher in most currencies today and has risen a further 0.55% against the euro to EUR1,056/oz. It is just 3% from the record nominal high in euros at €1,087/oz due to the risk of contagion in the Eurozone...Click here to read, "Portuguese Bonds In Meltdown – Euro Gold Rises To €1,056/oz - 3% From Record Nominal High On Contagion Risk"...
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Why Silver Provides Much Greater Upside Potential Than Gold
CONTRIBUTOR: MUNKNEE. Banker manipulation of the silver market has caused this asset class’ price to be extremely suppressed, as the silver market suffers more from this market manipulation than any other traded commodity…Click here to read, "Why Silver Provides Much Greater Upside Potential Than Gold"...
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Don’t Dismay: 6 Reasons To Hold Your Gold Through The Summer
CONTRIBUTOR: MUNKNEE. Should you consider selling into any period of strength during the typical summer weakness? No, there are a number of reasons to continue holding gold during this time period. [Let me detail them one by one.]…Click here to read, "Don’t Dismay: 6 Reasons To Hold Your Gold Through The Summer"...
Other Headliners
Hiring has slowed to near-standstill
Only 18,000 jobs created last month, far below expectations;
jobless rate climbs to 9.2 percent.
Unemployment has topped 8 percent for 29 months,
the longest streak since the 1930s. Still, the government
said last month that the economy grew only 1.9 percent in
the January-March quarter. Analysts are expecting similarly
weak growth in April-June quarter.
Several people surround application bins during a job fair
in Phoenix. Hiring slowed to a near-standstill last month,
the government said Friday, as employers added the fewest
jobs in nine months and the unemployment rate
rose to 9.2 percent.
Hiring has slowed to near-standstill
Only 18,000 jobs created last month, far below expectations;
jobless rate climbs to 9.2 percent.
the longest streak since the 1930s. Still, the government
said last month that the economy grew only 1.9 percent in
the January-March quarter. Analysts are expecting similarly
weak growth in April-June quarter.
The economy will grow at a 3.2 percent pace in final
six months of the year, according to an Associated Press
survey of 38 economists.
However, growth must be stronger to significantly
lower the unemployment rate. The economy would need
to grow 5 percent
for a whole year to significantly bring down the
unemployment rate. Economic growth of just 3 percent a
year would hold the unemployment steady and keep up with
population growth.
Obama Donor Banned This Message…After putting $803,436
in his campaign coffer, Google attempted to keep Americans
from seeing this prophetic warning from Milton Friedman.
in his campaign coffer, Google attempted to keep Americans
from seeing this prophetic warning from Milton Friedman.
Kyl: GOP Agrees to Up to $200B in New Revenues
One day before a crucial U.S. budget meeting between the White
One day before a crucial U.S. budget meeting between the White
House and congressional leaders, a high-ranking senator said
Republicans have agreed to including significant revenue increases
in a deficit-reduction framework.
"If you add up all of the revenues that we Republicans have
agreed to, it's between $150 billion and $200 billion," said
Senator Jon Kyl, the No. 2 Republican in the Senate.
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