Economy News For Wednesday, July 14, 2010

[Cheryl Nelson]

Stocks Mixed After Disappointing Retail Sales Data
http://finance.yahoo.com/news/Stocks-mixed-after-apf-285898676.html?x=0

Home Loan Applications Down 2.9%
http://finance.yahoo.com/news/Home-loan-applications-down-apf-710864790.html?x=0

Retail Sales Drop 0.5% In June
http://finance.yahoo.com/news/Retail-sales-drop-05-percent-apf-3335262562.html?x=0

Oil Dips Below $77 As US Crude Supplies Rise
http://finance.yahoo.com/news/Oil-dips-below-77-as-US-crude-apf-3095579702.html?x=0

Watchdog:  Small Banks Struggling Despite Bailouts
http://finance.yahoo.com/news/Watchdog-Small-banks-apf-2127171036.html?x=0

A Modern Day Gold Rush
http://www.businessweek.com/bwdaily/dnflash/content/jul2010/db2010079_208857.htm

Silver's Historical Correlations With Gold Suggests A Parabolic Top As High As $714 Per Ounce!
http://news.silverseek.com/SilverSeek/1278958658.php

China Stocks Tumble, Dragging Down Other Asian Markets
http://www.nytimes.com/reuters/2010/07/12/business/global/business-us-markets-global.html?_r=4&ref=global

The Big Crash--America Plunges Into Depression For Real
http://www.thefirstpost.co.uk/65578,news-comment,news-politics,a-new-drone-base-reason-to-celebrate-in-jobless-us-depression-america?source=patrick.net

Gold Keeps Rising As Panicky Investors Look For Security
http://www.guardian.co.uk/business/2010/jul/11/gold-shines-uncertain-market

Harry Schultz On The Power Elite, Free Markets, The Internet, And Why Gold Is Going Much Higher
http://www.thedailybell.com/1204/Harry-Schultz-on-the-Power-Elite-Free-Markets-the-Internet-and-Why-Gold-Is-Going-Much-Higher.html

China Cuts Rare Earth Export Quota 72%, May Spark Trade Dispute With U.S.
http://www.bloomberg.com/news/2010-07-09/china-reduces-rare-earth-export-quota-by-72-in-second-half-lynas-says.html

Inflationville
http://www.safehaven.com/article/17422/inflationville

Crisis Awaits World's Banks As Trillions Come Due
http://www.nytimes.com/2010/07/12/business/global/12refinance.html?_r=1&hp

Irrational Gold Selling (Mogambo Guru)
http://dailyreckoning.com/irrational-gold-selling/

China, Commodity King (Mogambo Guru)
http://www.atimes.com/atimes/Global_Economy/LG10Dj01.html

OTHER:

More And More Americans Preparing For Social Unrest
http://rawstory.com/rs/2010/0710/americans-preparing-social-collapse/