Archive for December 7th, 2012

WashingtonsBlog.com December 7, 2012 If We Don’t Learn Our History, We’re Doomed to Repeat It Today is the 71st anniversary of the attack on Pearl Harbor. We of course honor the courageous men who died that day. But we also questioned why it happened. After all, American and British military officers and code-breakers admit... »

KingWorldNews.com December 7, 2012 After a week of choppy trading, King World News is pleased to share with its global readers a fantastic chart which sums up the gold market in one image. The chart was sent to us from Egon von Greyerz, founder of Matterhorn Asset Management in Switzerland. But first, here is... »

SilverDoctors.com DECEMBER 7, 2012 China’s Ministry of Industry and Information Technology has estimated that Chinese ANNUAL domestic gold demand will surpass 1,000 tons by the end of 2015. Yes, you read that correctly. China’s ANNUAL gold consumption is set to double in 3 years, to a pace that will see Chinese consume more gold... »

By Terence P. Jeffrey CNSNews.com December 7, 2012 Seventy-three percent of the new civilian jobs created in the United States over the last five months are in government, according to official data published by the Bureau of Labor Statistics. In June, a total of 142,415,000 people were employed in the U.S, according to the... »

Investmentwatchblog.com December 7th, 2012 from Phoenix Capital Research The market continues to track the same pattern it performed going into the failed debt ceiling talks of July 2011. As you’ll recall, then as is the case now, US politicians failed to reach a credible solution to the US’s debt problems. What followed was a... »

By: David Chapman GoldSeek.com Friday, 7 December 2012 Overlooked amongst all of the talk about the “fiscal cliff” is the looming debt ceiling. While the collision course to come to an agreement on the “fiscal cliff” would have a negative impact on the US (and world) economy, failure to come to an agreement to... »

By: Anthony Cherniawski Market Oracle Dec 07, 2012 We finally caught the break we have been waiting for in the Euro. It broke its Bearish Wedge today, leaving no doubt of its destination. This is the first major “crack in the dam.” With the Euro uptrend broken, the rest of the markets will follow.... »

GreatNorthernPrepper.com December 4, 2012 Okay Everyone, I have been working my butt off to get a 3 part series podcast on the economy, how it works, why some things work and some don’t, basic economic terms and what they mean/importance, etc. Precious metals were to be a section of that, why they are still... »

Monty Pelerin Economicnoise.com Wes Pruden describes the fiscal cliff negotiations (my emboldening): There’s no indication that President Obama will bite, nor is there any reason why, from his point of view, he should. He has read the fear in Republican eyes and he’s willing — maybe eager — to jump off the cliff in... »

SilverDoctors.com DECEMBER 7, 2012 UBS and Nomura have suggested that gold could rise next week as the Federal Reserve may announce further easing at the FOMC meeting – on Tuesday (11/12/12) and Wednesday (12/12/12). Nomura said it is worth considering whether the FOMC will announce further easing to replace so called ‘Operation Twist’. The... »