Economy News for Tues 9 Oct 2012

[Cheryl Nelson]

High Cost Of Energy Leading Economy Into Recession
http://oilprice.com/Energy/Energy-General/The-High-Cost-of-Energy-is-Leading-the-Economy-into-Recession.html

Will The Chinese Remnibi Replace The US Dollar As The Primary Reserve Currency Of The World?

http://www.activistpost.com/2012/10/will-chinese-renminbi-replace-us-dollar.html

Reality:  More Peopel Requested Emergency Food Assistance Than Found Jobs

http://www.shtfplan.com/headline-news/reality-more-people-added-to-food-stamps-than-found-jobs_10082012

IMF Sees "Alarmingly High" Risk Of Deeper Global Slump

http://www.bloomberg.com/news/2012-10-08/imf-sees-alarmingly-high-risk-of-deeper-global-slump.html

US Stocks Fall While Commodities Gain

http://www.bloomberg.com/news/2012-10-09/asian-stocks-rise-with-commodities-after-losses-treasuries-gain.html

Confidence Among Small US Businesses Cooled In September

http://www.bloomberg.com/news/2012-10-09/confidence-among-small-businesses-in-u-s-cooled-in-september.html

Price of Gold Could Reach $2,400/oz. By Next Summer

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9587117/Price-of-gold-could-reach-2400oz.html

Is Housing Recovering Like People Think It Is?

http://finance.yahoo.com/news/housing-recovering-much-people-think-151106121.html;_ylt=AsrPEfZ7NsNbOEo7BkQqpN2iuYdG;_ylu=X3oDMTQ4ODk0N3VzBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwNkYzQ5NWUyNC1iZGRiLTMyYzMtODM5MC1lNGQ0YjE1YjA2NTAEcG9zAzEEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgM4Y2ViMzRjOC0xMjI5LTExZTItYWY5Mi05YzRlYzc5NTM5MTY-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3