Economy News for Mon 11 Jun 2012

[Cheryl Nelson]

Eric Sprott:  Gold Alert

http://sprott.com/market-insights/gold-alerts/gold-alert-june-8,-2012/

Alert From International Banker

http://www.stevequayle.com/News.alert/12_Money/120611.bank.update.html

Fed Says US Wealth Fell 38.8% In 2007-2010 In Housing

http://www.bloomberg.com/news/2012-06-11/fed-says-family-wealth-plunged-38-8-in-2007-2010-on-home-values.html

Spain Bailout Rally Brief As Wall Street Slides

http://finance.yahoo.com/news/stock-futures-point-higher-open-083456832.html;_ylt=AqnDdO8Nouy4slF2usTX8SuiuYdG;_ylu=X3oDMTQzZDVqbm12BG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwM0MzI5NTE2Zi1mZjhhLTNjMzAtYjM3OS00MDhmZjUzMjljOGIEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDNTQ4NDc2ODAtYjQwYy0xMWUxLTlmYmItYzYxM2RiYzRiODBh;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Oil Reverses As Spain Rescue Rally Wilts

http://finance.yahoo.com/news/8-oil-reverses-spain-rescue-152457608.html;_ylt=AlrIZ1JuZoreqZ294YnBCwmiuYdG;_ylu=X3oDMTQxb2JjYWxzBG1pdANOZXdzIFRvcGljIDIEcGtnA2FmY2M5NTc4LTA4N2ItMzJmNi05YzkxLTFkOTk2YmI2ZGZmYwRwb3MDMwRzZWMDTWVkaWFTZWN0aW9uTGlzdFRlbXAEdmVyA2M1ODYxNzQwLWIzZDktMTFlMS1iZjdkLTFhNTIyMTIxNTU3Nw--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Gold Dips As Euro Retreats, Buyers Favor Other Assets

http://finance.yahoo.com/news/precious-gold-dips-euro-retreats-144651507.html;_ylt=AubPIdilHk7XKGuUBHnA76SiuYdG;_ylu=X3oDMTQxYnQwdHNkBG1pdANOZXdzIFRvcGljIDIEcGtnA2MwNDAyM2ViLTIzY2MtM2YyZi05YzIwLWNkYzcyMTBkOWI0MgRwb3MDNARzZWMDTWVkaWFTZWN0aW9uTGlzdFRlbXAEdmVyAzc0YmIzNGQwLWIzZDQtMTFlMS05Y2ZiLThmZTI5NTMxMGE0ZQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3