Economy News for Fri 13 Jul 2012

[Cheryl Nelson]

Wall Street Rallies, S&P and Dow Up For The Week

http://finance.yahoo.com/news/futures-trim-gains-jpmorgan-results-111130695.html;_ylt=AnpLiVE6yD.g_hMKs7HpgiaiuYdG;_ylu=X3oDMTQzbzlwOTdzBG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwM1ZjMzMWZjMi04N2JlLTM0Y2YtYjRkOC02YzczZDRiNDAwNDAEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDNzIwZjc1ZTAtY2QyNy0xMWUxLWJmOWQtNGVlN2E4NjcyMzMx;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Consumers Gloomier On Jobs, Finances

http://finance.yahoo.com/news/producer-prices-unexpectedly-rise-june-123530745.html;_ylt=Askn8mSrjKi6b5kZfQ9tu06iuYdG;_ylu=X3oDMTRwZzBlN2gyBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnAzdkZmVjNjFkLTU5YzEtM2U5My1iOTI0LTQxZGQ3NWQzMjA1MARwb3MDMQRzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyA2I2ZmFkNWIwLWNkMDgtMTFlMS1iZmZlLWZhZTdmOWM1M2E3Zg--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Buffet:  US Economy Growth Slowing, Europe Slipping "Pretty Fast"

http://www.cnbc.com/id/48159304?__source=yahoo|headline|quote|text|&par=yahoo

Jim Willie:  Extreme Danger Signposts

http://news.goldseek.com/GoldenJackass/1342123200.php

Gold 22% Rally To Record Seen By Eric Sprott:  Commodities

http://www.bloomberg.com/news/2012-07-11/gold-22-rally-to-record-seen-by-eric-sprott-commodities.html

Market Savior?  Stocks Might Be 50% Lower Without Fed
http://www.cnbc.com/id/48165921

Buffet Says Muni Bankruptcies Are Set To Climb

http://www.bloomberg.com/news/2012-07-13/buffett-says-muni-bankruptcies-poised-to-climb-as-stigma-lifts.html

[Amrah Aoson]

I noticed that thursday two weeks ago, the price of a barrel of oil was at $78.00? Then all of a sudden with no news of any oil catastrophys it jumped and by monday it was back in the mid $86.00? The stock market goes down, the price of a barrel of oil goes down and then the same when it goes up? Sometimes the Price of oil goes up dramatically all by itself? Other than speculation? I put forth that TPTB  are artificially fluctuating the markets as to make 100s of billions of dollars every month? Is this possible?