Economy News for 2 Mar 2012

[Cheryl Nelson]

"Plan For An Economic 9-1-1":  Analysts Warn Americans To Buy Guns And Gold, Predicting Market Crash And Street Riots Within A Year

http://www.dailymail.co.uk/news/article-2107315/Market-crash-street-riots-year-Americans-plan-economic-9-11.html

Wall Street Slips But S&P Up For 3rd Straight Week

http://finance.yahoo.com/news/stock-index-futures-point-lower-103407679.html

Americans Will Need "Black Markets" To Survive

http://www.alt-market.com/articles/606-americans-will-need-black-markets-to-survive

How Gold Rises Over $5,000/oz. But Is Only Worth $500

http://johngaltfla.com/wordpress/2012/03/01/how-gold-rises-above-5000-per-ounce-but-is-only-worth-500/

Fractal Gold Projection Of $3,500 Into Mid-Year Remains Intact

http://news.goldseek.com/GoldSeek/1330610820.php

Fannie And Freddie Drop The Ball

http://www.latimes.com/news/opinion/opinionla/la-ed-foreclosure-20120301,0,4557762.story

Stockton, CA Could Become Biggest City To Go Bankrupt

http://finance.yahoo.com/news/stockton-could-become-biggest-city-062559370.html

European Funding Sows Seeds Of Next Crisis

http://www.marketwatch.com/story/european-funding-sows-seeds-of-next-crisis-2012-03-02?link=MW_latest_news

Soaring Oil Prices Will Dwarf The Greek Drama

http://www.telegraph.co.uk/finance/comment/liamhalligan/9105796/Soaring-oil-prices-will-dwarf-the-Greek-drama.htm

[Cheryl Nelson]

Jim, I would think he would mean to get away from the cities.  It's a no-no to call it what it really is.  Why, the American people might panic or something.

[Jim Balister]

He says plan a getaway.  To where?  Also they keep calling it a ression when it is realy a depresion.