Tuesday, November 23, 2010

The Bottom 20% of America is in for a Cold, Hungry Winter

Some Economists are reporting that QE2 will top 1 Trillion Dollars. We are already seeing the effects of this unprecedented money printing in the price of Gold and Silver. With commodities surging expect food and energy to surge this winter. The lower middle income earners spend a higher percentage of their incomes on these basic items. Inflation and Hyperinflation will effect these individuals the most.

Gold Prices Could Move Much Higher says Brian Kelly

Nov. 23 2010 | Brian Kelly, president of Kanundrum Capital, tells CNBC why he thinks gold prices have more room to run.

EU Faces Far Larger Problem in Spain

Nov. 23 2010 | "If there is decisive action, clear action on Ireland and it fails, then we will be facing a far larger problem in Spain very quickly," Tim Linacre, CEO of Panmure Gordon, told CNBC Tuesday. Steve Barrow, head of G10 research at Standard Bank, joined the discussion.

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