Economy News for Thurs 15 Dec 2011

[Cheryl Nelson]

Bernanke Says Fed Won't Bail Out Europe

http://www.marketwatch.com/story/bernanke-says-fed-wont-bail-out-europe-senators-2011-12-14

"Dismal" Prospects:  1 In 2 Americans Are Now Poor Or Low Income

http://usnews.msnbc.msn.com/_news/2011/12/15/9461848-dismal-prospects-1-in-2-americans-are-now-poor-or-low-income

Gold-plated Pension Pots In Private Sector Will Be Extinct In Decade

http://www.dailymail.co.uk/news/article-2074324/Gold-plated-pension-pots-private-sector-extinct-decade.html

Jim Sinclair:  Why Gold Was Smashed Today And What's Next

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/14_Jim_Sinclair_-_Why_Gold_Was_Smashed_Today_%26_Whats_Next.html

The Collapse Of The Euro, The Death Of The Euro, And The End Of The Euro

http://theeconomiccollapseblog.com/archives/the-collapse-of-the-euro-the-death-of-the-euro-and-the-end-of-the-euro

Market Ignores Europe, Rises On US Data

http://finance.yahoo.com/news/stock-index-futures-signal-early-100314549.html;_ylt=Any2bTH3W9dH9Ckchy_YRcyiuYdG;_ylu=X3oDMTQzNDFnam5iBG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwM5MmM4ZTYxMC1lYzgzLTMxNDEtYjJhZi0wOTIxYjYxNTM3YzEEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDMzZhNDY4NzAtMjc2NS0xMWUxLWFiZDgtYjVlMTMwNzE2MGUx;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Gross Can't Stop Bleeding From Flagship Bond Fund

http://finance.yahoo.com/news/bill-gross-cant-stop-bleeding-215945409.html;_ylt=AnxHDvIHgshlg5B_eCnIviSiuYdG;_ylu=X3oDMTQ0bWZtaTNxBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDZTgzYTdiNDctNTU3ZC0zNzJlLTgyYzYtMzk2OWQ4MmQ4N2VkBHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyA2E0NmY3ZjYwLTI3NmItMTFlMS1iM2IxLTljNjUzMmJkODQ3Mw--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Fed's Dollar Lines Shield US From Europe
http://finance.yahoo.com/news/dudley-feds-dollar-lines-shield-000304619.html;_ylt=ApSHdTXOGSfCQ9patgQHNEqiuYdG;_ylu=X3oDMTQ0b3JhNDY2BG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDMjYyMGZlMDQtMWRkNy0zMWQ5LTlhMGMtOGVjZGE1M2FhNTVhBHBvcwMyBHNlYwN0b3Bfc3RvcnkEdmVyAzM3Zjk2N2MwLTI3N2UtMTFlMS05NWRkLTY4MThmNzNmN2Q5Ng--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Fitch Cuts Goldman, Deutsche, Five Other Large Banks
http://finance.yahoo.com/news/fitch-cuts-goldman-deutsche-five-014753760.html;_ylt=AkMUHLMqusUzZ.92ZFTeyu2iuYdG;_ylu=X3oDMTQ0cm9nMWRhBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDMzFjNmY3MmYtOThjMy0zYzQxLThiZjUtODkwZDZkYmI2NDBiBHBvcwMzBHNlYwN0b3Bfc3RvcnkEdmVyAzI1ZTA3YzkwLTI3ODgtMTFlMS04OGZiLTc1MDczMTYzMDNjMg--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Could A Bottom Be Near For Silver And Gold?
http://custom.yahoo.com/talking-numbers/