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Economy News for Thurs 13 Sep 2012

Posted by Cheryl Nelson on September 13, 2012 at 9:49pm in Economy

Gold & Silver Prices Today On Fire!

http://goldsilverworlds.com/gold-silver-price-news/gold-silver-prices-today-on-fire/

How The Financial Collapse Would Happen In An Obama Second Term

http://www.americanthinker.com/2012/09/how_the_financial_collapse_would_happen_in_an_obama_second_term.html

Commodities Jump To Five-Month High As QE3 Boosts Metals

http://www.bloomberg.com/news/2012-09-13/commodities-jump-to-5-month-high-as-fed-s-qe3-spurs-metal-rally.html

US Jobless Claims Rise To Highest In Two Months

http://www.bloomberg.com/news/2012-09-13/jobless-claims-in-u-s-increased-more-than-forecast-last-week.html

Fed's Stimulus Move Ignites Wall Street

http://finance.yahoo.com/news/stock-futures-signal-weaker-open-084217410.html;_ylt=AnTRp3McYuFVhXi5qeYbXiaiuYdG;_ylu=X3oDMTQzNGs0Z3BrBG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwNmMzJiODg4OS01NjQ2LTNkNzQtYTA1NS1jNzYxOGYyMDQ3YTIEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDOWVkYTBmODAtZmRlMy0xMWUxLTlkZmYtMGIzMTliNDc2MTgw;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Fed Bets Big In New Push To Rescue Economy

http://finance.yahoo.com/news/fed-seen-launching-fresh-stimulus-040346763.html;_ylt=Av_.64pYiTlIeeA.UwaKHTSiuYdG;_ylu=X3oDMTNyazdrNmtkBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDNWJlYmM0MzctNThiNy0zMDlkLWJiZmYtNzEwNDM4ZWIyZTYzBHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyA2FiYzlkYzkwLWZkZmEtMTFlMS05YWY3LTM0ZTE2MjgyODMwNA--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

America Is Facing A Lost Generation:  Jim Rogers

http://finance.yahoo.com/blogs/breakout/american-economy-facing-lost-generation-jim-rogers-143400822.html;_ylt=An92lWcjSyanm1.WTIbsgmqiuYdG;_ylu=X3oDMTNzb2lhaWUwBG1pdANGUCBCcmVha291dARwa2cDMzZlMWJmMTEtNDMxNi0zMWU0LThlNmMtNDg1ZGM5NWMwNjZkBHBvcwMxBHNlYwNNZWRpYVNlY3Rpb25MaXN0BHZlcgNmOWM0ZGQyMC1mZGIyLTExZTEtYjdmNy03YzZlMjBjZDUwZTU-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

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Replies

  • Kim B September 16, 2012 at 12:11pm

    Can you explain exactly what toxic assets are?  I am not well versed in the financial industry.

    Criminals, I agree with.  They need to be brought down!!!

  • Cheryl Nelson September 16, 2012 at 11:44am

    Yes, same thing with our local cheapskates. 

  • Jim Balister September 16, 2012 at 12:36am

    In my area these cheepscates pay $15.0z for silver and 50% for gold value, useing the same old excuse, I have overhead! On the internet you can sell to a dealer for 90%. His profit being 10%. 

  • Cheryl Nelson September 14, 2012 at 8:59pm

    No, not morons.  Very intelligent criminals.  The Fed is creating money to buy up the toxic assets their banker friends have.  This is a bailout of the banks.  It's not going to help Main Street America.

    Kim B said:

    Morons!

    Cheryl Nelson said:

    It stands for Quantitative Easing 3, which is a big fancy word the Fed invented for firing up the printing presses and creating money out of thin air.  Something to the tune of $80 BILLION per DAY.  It creates inflation.  If you think prices are sky high, you ain't seen nothing yet.  See http://en.wikipedia.org/wiki/Inflation_in_the_Weimar_Republic and http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe.

  • Kim B September 14, 2012 at 8:01pm

    Morons!

    Cheryl Nelson said:

    It stands for Quantitative Easing 3, which is a big fancy word the Fed invented for firing up the printing presses and creating money out of thin air.  Something to the tune of $80 BILLION per DAY.  It creates inflation.  If you think prices are sky high, you ain't seen nothing yet.  See http://en.wikipedia.org/wiki/Inflation_in_the_Weimar_Republic and http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe.

  • Cheryl Nelson September 14, 2012 at 4:49pm

    Pre-1965 coins are 90% silver and are recognizable.  It's good to have those for exchange.  The 99.9% is good to have for larger purchases or needs, and can also be used in making one's own colloidal silver medicine.

  • Cheryl Nelson September 14, 2012 at 2:07pm

    If they've done it once, they'll do it again.  For everyone stockpiling gold, they're laughing at you!  It's better to stock junk silver.  When everything collapse, prices will collapse too, and gold will have far too much value for everyday items.  In Jim Rawles' novel, Survivors, one of the characters was traveling through Mexico on horseback and he paid for a hat with a silver coin.  The shopkeeper returned the coined with a piece of the metal cut out of it. 

    NORAD said:

    Did you all know there is a Act for preventing the hoarding of Gold. These days the Federal Reserve forces you to put your gold in their banks. Scary huh!!!!

     

    gold.jpg

  • Cheryl Nelson September 14, 2012 at 1:08pm

    That's why Russia and China are also investing in gold.

    That's why oil is being traded in Yuans.  The dollar just keeps decreasing in value every time they fire up the printing presses.

  • Cheryl Nelson September 14, 2012 at 12:08pm

    It stands for Quantitative Easing 3, which is a big fancy word the Fed invented for firing up the printing presses and creating money out of thin air.  Something to the tune of $80 BILLION per DAY.  It creates inflation.  If you think prices are sky high, you ain't seen nothing yet.  See http://en.wikipedia.org/wiki/Inflation_in_the_Weimar_Republic and http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe.

  • Kim B September 14, 2012 at 7:41am

    What is QE3?  Sorry to be so ignorant on that term.

This reply was deleted.