James Turk explains why and how to buy physical gold. He warns against buying paper gold. Video recorded in Eindhoven, The Netherlands, May 2010.
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Saturday, September 18, 2010
Foreclosures Rise; Repossessions Set Record
Foreclosures Rise; Repossessions Set Record
Joseph Pisani
CNBC
September 16, 2020
US foreclosure activity rose in August from the previous month, and banks and lenders took ownership from homeowners at a record pace, according to a new report released Thursday.
Bank repossessions, often the final step in the foreclosure process after a home fails to sell at auction, increased about 2 percent from the month before to 95,364, a record high. At the same the number of properties that received default notices—the first step in the foreclosure process—decreased 1 percent from a month ago and fell 30 percent from a year ago, a sign that lenders are focusing on their backlog of foreclosure inventory before tackling new distressed loans, according to foreclosure listing website RealtyTrac, which released the report.
read article >>>
Joseph Pisani
CNBC
September 16, 2020
US foreclosure activity rose in August from the previous month, and banks and lenders took ownership from homeowners at a record pace, according to a new report released Thursday.
Bank repossessions, often the final step in the foreclosure process after a home fails to sell at auction, increased about 2 percent from the month before to 95,364, a record high. At the same the number of properties that received default notices—the first step in the foreclosure process—decreased 1 percent from a month ago and fell 30 percent from a year ago, a sign that lenders are focusing on their backlog of foreclosure inventory before tackling new distressed loans, according to foreclosure listing website RealtyTrac, which released the report.
read article >>>
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Foreclosures Rise
Gold Rises to Record on Increased Demand for Wealth Protection
Source : http://www.bloomberg.com/news/2010-09-16/gold-rises-to-a-record-as-investors-seek-protection-against-market-turmoil.html
Nicholas Larkin
Bloomberg
September 16, 2020
Gold rose to a record in London and New York as investors sought protection against turmoil in the global economy and financial markets. Silver rose to the highest price since March 2008.
Bullion climbed as high as $1,277.07 an ounce in London. The dollar fell to a five-week low against the euro today. The metal usually moves inversely to the U.S. currency. Global holdings of gold by exchange-traded products are up 16 percent this year and this month reached a record, Bloomberg data show
Source infowars.com
Nicholas Larkin
Bloomberg
September 16, 2020
Gold rose to a record in London and New York as investors sought protection against turmoil in the global economy and financial markets. Silver rose to the highest price since March 2008.
Bullion climbed as high as $1,277.07 an ounce in London. The dollar fell to a five-week low against the euro today. The metal usually moves inversely to the U.S. currency. Global holdings of gold by exchange-traded products are up 16 percent this year and this month reached a record, Bloomberg data show
Source infowars.com
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Gold as Wealth Protection
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