Thursday, October 7, 2010

The Government. Could Suspend All Foreclosures?

The Government. Could Suspend All Foreclosures? Nationwide freeze on all Foreclosures

Foreclosure Impact Stretches Beyond Homeowners

FBN's market experts discuss the national impact of foreclosures and what the government should do about it.

Dollar Tumbles as Fed Prepares to Print More Money

Reuters
October 7, 2010
The dollar’s downtrend gathered pace on Thursday as it slid to a 15-year low versus the Japanese yen and an all-time low against the Swiss franc on the prospect of more money-printing by the U.S. Federal Reserve.

The Australian dollar surged to a 27-year high against its U.S. counterpart after surprisingly strong jobs data revived talk of a Reserve Bank rate hike, while broad dollar selling pushed the euro to an eight-month high.
Read entire article

UFO France - oct. 2010

$2,000/oz Gold Next Year

Gold Climbs the Bull Market Wall of Worry

Bob Chapman on Radio Liberty 10/04/10

Bob Chapman - Dont Trust The politicians
Bob Chapman wrote in The International Forecastter of the 6th Oct 2010 :" October 6 2010: Joblessness dogs the economy, its worse than the 1930's today, suffering and pain on the streets, no incentive to create jobs, living standards continue to fall, pray the incumbents are defeated, blame for the Flash Cras, TARP sequels coming.
Joblessness still dogs the economy, which needs 125,000 jobs monthly just to keep up with population growth. As we await September’s statistics we wonder if they’ll be as bad as August’s loss of 54,000 jobs? This unfortunate situation has been going on for more than three years; 22 million Americans do not have jobs and some 10,000 million additional are forced to work part-time, some 34 hours a week. Having real unemployment at 22-5/8% makes recovery very difficult. That figures is U-6 less the bogus birth/death ratio. It’s not surprising that credit card and mortgage debt go unpaid as default and foreclosure accelerate. These conditions are certainly a drag on sales. As those sales falter businesses lay off more workers, which exacerbates the problem....etc..."