Bob Chapman: Dollar Devaluation between September and December of 2010

12-07-09: Bob Chapman says that a source told him they expect an official US Dollar devaluation between September and December of 2010. Will it happen? Who knows. But I follow Bob enough that I believe he was legitimately told this by someone who he considers "inside." We will see I guess.

Gold Breaks Psychological Barrier of $1,300 US an ounce

Gold has continued its astronomical ascent, reaching a new record-breaking high of $1,300 an ounce today. This is the fourth day of record high gold prices.
Gold futures surged as high as $1,301.30 US an ounce in morning trading in New York before it slipped back

Existing U.S. Home Sales Rise in August From Record Low

Sept. 23 (Bloomberg) -- Sales of U.S. previously owned homes rose in August to the second-lowest level on record, indicating housing remains depressed a year after the economic recovery began. Purchases of existing houses climbed to a 4.13 million annual pace, in line with the median forecast of economists surveyed by Bloomberg News and second only to July’s 3.84 million rate as the weakest in a decade’s worth of data, the National Association of Realtors said today in Washington. Bloomberg's Margaret Brennan and Michael McKee report. (Source: Bloomberg)