June 16, 2010 — President Obama says BP has agreed to set up a 13.5 billion fund to help pay victims of the Gulf of Mexico oil spill.
Wednesday, June 16, 2010
Markets Have Peaked for 2010 says Expert:
Gluskin Sheff Chief Economist David Rosenberg on why sees a growth slowdown during the second half of 2010.
Mike Maloney : Gold standards are not the holy grail of monetary systems
Gold standards are not the holy grail of monetary systems. They merely open up the possibility of governments abusing the system and printing more receipts for gold and silver (cash) than they have in physical metal. One of the reasons that we are living through such turmoil is that we allowed governments to cheat gold. A more stable system: use gold and silver themselves as money, as the free market has demanded for the last 2000 years.
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