Economy News for Thurs 1 May 2014

US Economy Is A House Of Cards — Paul Craig Roberts:The US Economy Is A House Of Cards. Every Aspect Of It Is Fraudulent, And The Illusion Of Recovery Is Created With Fraudulent Statistics.

http://www.paulcraigroberts.org/2014/04/30/us-economy-house-cards-paul-craig-roberts/

NY Times: Criminal Charges Are Finally in the Wings for Big Banks

http://www.moneynews.com/Personal-Finance/Criminal-Charges-Banks-Government/2014/04/30/id/568644/#ixzz30Pkb6vLP

The Refi Boom Is Dead; Applications Drop To Lowest Since Lehman

http://www.zerohedge.com/news/2014-04-30/refi-boom-dead-applications-drop-lowest-lehman

Eric Sprott On The Implications Of The 'Chinese Gold Vortex': And The Complete Disconnect Between Gold Supply And Demand Fundamentals And The Actual Price Of The Metal.

http://www.zerohedge.com/news/2014-04-30/eric-sprott-implications-chinese-gold-vortex

Unexpected Rise In Jobless Claims

http://www.marketwatch.com/story/jobless-claims-jump-for-second-week-2014-05-01


Consumer Spending Stronger Than Forecast
http://www.marketwatch.com/story/consumer-spending-surges-in-march-2014-05-01

Gold Is Likely To Fall Further Before It Rallies
http://www.marketwatch.com/story/gold-is-likely-to-fall-further-before-it-rallies-2014-05-01

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