Archive for May 5th, 2010

Fleeting relief over the EU-IMF bail-out for Greece has given way rapidly to a fresh bout of investor panic across southern Europe, pulling the euro down to its lowest level against the dollar in over a year. By Ambrose Evans-Pritchard TelegraphUK Yields on German two-year debt reached a record low, falling to 0.71pc on... »

World markets plunge over fears that Greece’s economic crisis will spread to other countries despite austerity measures. Helena Smith Guardian.co.uk Tuesday 4 May 2010 In a dramatic escalation of the anger unleashed by the economic crisis engulfing Greece, communist protesters stormed the Acropolis today as the euro and world markets plunged on concerns about... »

By: Bob Chapman Goldseek.com Wednesday, 5 May 2010 US MARKETS There are only two kinds of gold and silver to own. Physical gold and silver that are located above the ground and that are also in your possession (which can be owned via coins, bullion, jewelry, etc.), and physical gold and silver that is... »

GoldSeek.com Wednesday, 5 May 2010 receding, but debris from the derivatives debacle won’t go away without a total financial system collapse, according to 321gold.com founder Bob Moriarty in this exclusive Gold Report interview. “Nobody and nothing is going to stop it from happening. It is as absolute as the time and tides,” he says.... »

By: David Galland Market Oracle May 05, 2010 Willie Shakespeare may have summed it up best when, borrowing the voice of King Richard III, he penned “A horse! A horse! My kingdom for a horse!” History is replete with examples of how, but for the proverbial horse, kingdoms have been lost. My reference point... »

By: Michael S Rozeff Market Oracle May 05, 2010 Jim Sinclair has a slogan “QE to infinity.” That’s “Quantitative Easing to infinity.” That’s inflation to infinity. That’s the case for gold and silver in a nutshell. I think he’s right. I’d like to explain why I think he’s right, but in a roundabout way... »

by Finian Cunningham Global Research May 5, 2010 “This is not our debt, but we are being made to pay for it,” said one angry Greek worker, explaining why he like thousands of other Greeks are taking to the streets in protest at their country’s bail-out plan. The so-called rescue package of €110 billion... »

By Timothy N. Baldwin, JD. May 5, 2010 NewsWithViews.com For generations, the federal government has pissed on the integrity of the union, supposedly formed by the bonds of choice, reflection, friendship and likeness. It has treated the people of the States as scoopers in the valley of the crap they roll down hill, of... »

By Sebastian Smith Google.com NEW YORK — New York officials say they could stop attacks like the attempted Times Square car bomb by expanding a controversial surveillance system so sensitive that it will pick up even suspicious behavior. New York is already a heavily policed city, with 35,000 officers and a counterterrorism bureau —... »

By John D. Sutter CNN.com Palo Alto, California (CNN) — In the 1990s, a researcher named Kris Pister dreamed up a wild future in which people would sprinkle the Earth with countless tiny sensors, no larger than grains of rice. These “smart dust” particles, as he called them, would monitor everything, acting like electronic... »