Economy News for Sat 30 Oct 2010

[Cheryl Nelson]

US Stocks End A Strong October Nearly Flat

http://www.marketwatch.com/story/us-stocks-end-a-strong-october-nearly-flat-2010-10-30?siteid=yhoof2

 

The Coming Silver Shortage

http://www.moneyteachers.org/Coming+Silver+Shortage.html

 

Roubini Sees US "Fiscal Train Wreck" Ahead

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8095785/Roubini-sees-US-fiscal-train-wreck-ahead.html

 

Moody's:  US Companies Hoarding Almost $1 Trillion In Cash

http://finance.yahoo.com/news/US-companies-hoarding-almost-rb-2687745036.html?x=0&.v=1

 

ForeclosureGate Explained:  Big Banks On The Brink

http://www.truth-out.org/foreclosuregate-explained-big-banks-brink64621

 

Gold Will Outlive Dollar Once The Slaughter Comes

http://www.bloomberg.com/news/2010-10-29/gold-will-outlive-dollar-once-slaughter-comes-commentary-by-john-hathaway.html

 

The Tipping Point Has Arrived

http://www.zerohedge.com/article/guest-post-tipping-point-has-arrived

 

A Paralyzed Fed Defers Decision On Monetary Policy To Primary Dealers In An Act That Can Only Be Classified As Treason

http://www.zerohedge.com/article/paralyzed-fed-defers-decision-monetary-policy-primary-dealers

 

Nitty Gritty Numbers Suggest Downward Spiral

http://www.forbes.com/2010/10/29/treasury-bernanke-bonds-yield-markets-lenzner-jobs.html?feed=rss_home

38% of middle class families plan to spend less than $500 on holiday gifts.

 

Record-low Mortgage Rates Will Be Gone In 2011

http://www.marketwatch.com/story/record-low-mortgage-rates-will-be-gone-in-2011-2010-10-26