Economy News for Tues 3 July 2012

[Cheryl Nelson]

No economy news on July 4th.  Have a good holiday!

Oil Prices May Have Hit Bottom

http://finance.yahoo.com/blogs/daily-ticker/oil-prices-may-hit-bottom-expert-sees-energy-153558948.html;_ylt=AgTlpjfAGqeDM8AHtZMXxeSiuYdG;_ylu=X3oDMTQ0NXM5NjgxBG1pdANGUCBUaGUgRGFpbHkgVGlja2VyBHBrZwNkY2JmMzM0My0zMTU4LTNiYTktODFhZC0zMjJmYzFjOGE1OTkEcG9zAzEEc2VjA01lZGlhU2VjdGlvbkxpc3QEdmVyAzhjMTAzYzkwLWM1NTItMTFlMS1iN2Q2LTI1MDk2MDZhNGM0MA--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Silver Market Update

http://www.clivemaund.com/gmu.php?art_id=67&date=2012-07-01

Mammoth Lakes Files For Bankruptcy

http://latimesblogs.latimes.com/lanow/2012/07/mammoth-lakes-bankruptcy.html

US Manufactering Shrinks For First Time In Three Years

http://economywatch.msnbc.msn.com/_news/2012/07/02/12524141-us-manufacturing-shrinks-for-first-time-in-3-years?lite

Could Gold Hit $6,000?  Analysts Think So.

http://www.bloomberg.com/video/could-gold-hit-6000-mgxclTwwRymeZBdeZVXc7g.html

Home Sales Show Bernanke's Low Rates Are Gaining Traction

http://www.bloomberg.com/news/2012-07-03/barclays-s-three-top-managers-quit-amid-bank-of-england-dispute.html

What's Behind The Libor Scandal?

http://www.businessweek.com/videos/2012-07-03/whats-behind-the-libor-scandal