Economy News for Wed 13 Jun 2012

[Cheryl Nelson]

Gold Heads For Fourth Gain

http://finance.yahoo.com/news/gold-heads-higher-readies-fourth-142730042.html;_ylt=AgLi_HsS5Q.DefEk_AWUs_.iuYdG;_ylu=X3oDMTQxNDkyYXRmBG1pdANOZXdzIFRvcGljIDIEcGtnAzZlOWY1ZTU4LTI0NDctMzc1ZC05MmFkLWI1Y2ZiNWEyODQ2OARwb3MDMgRzZWMDTWVkaWFTZWN0aW9uTGlzdFRlbXAEdmVyAzNhM2RkZDEwLWI1NjYtMTFlMS05ZmY1LWFjYWQ4ODc2MGE4Zg--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Oil Falls As Declining U.S. Retail Sales Signal Slowing

http://finance.yahoo.com/news/oil-falls-declining-u-retail-132941777.html;_ylt=AkrU6pALR1_zSxGOD987rlOiuYdG;_ylu=X3oDMTQxaGNsdXZyBG1pdANOZXdzIFRvcGljIDIEcGtnAzYzOTg5NDEzLWRhMGUtMzdiOS1iMmE2LTQxZDEyYTRjMTFmMQRwb3MDMwRzZWMDTWVkaWFTZWN0aW9uTGlzdFRlbXAEdmVyAzM4NTg1NDMwLWI1NjYtMTFlMS1hZGVmLTU3ZWY3YzcwNmVjNg--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

The Euro Is Doomed

http://finance.yahoo.com/news/euro-doomed-114100864.html;_ylt=ApJ2yWJbnUOvOu.wezlMM2uiuYdG;_ylu=X3oDMTRmYTRkcmVyBG1pdANGUCBDb21tZW50YXJ5IGFuZCBBbmFseXNpcwRwa2cDNjM0YzA5YWEtMmQyYS0zNzRlLWFkNGUtNmQyMWY1ODY4ZGVjBHBvcwM1BHNlYwNNZWRpYVNlY3Rpb25MaXN0VGVtcAR2ZXIDZmRiNGU1YjAtYjU2OS0xMWUxLWJiOWItMzQyNzg3OWEzNjhk;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Gary North:  George Soros Warns EU Going Down In Three Months

http://www.marketoracle.co.uk/Article35017.html

Wall Street Sells Off Late, Succumbs To Europe Fears

http://finance.yahoo.com/news/stock-index-futures-signal-slightly-100148103.html;_ylt=Aip6IMbKiyQuSxWIW20ymaaiuYdG;_ylu=X3oDMTQzaWJrN204BG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwNlODVjMzYwZC0zY2FhLTNhOWUtOTZlNC1lNjhiM2ZiOTk2N2MEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDYjZhNTZlOTAtYjVhMi0xMWUxLWJmN2QtNjA4NGMzOTZjYjgx;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Moody's Cuts Cyprus Sovereign Rating Two Notches

http://finance.yahoo.com/news/moodys-cuts-cyprus-sovereign-rating-212134298.html;_ylt=AhGAnPkpg5xWmlM2eC4of..iuYdG;_ylu=X3oDMTRwdDRvYmhlBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnAzZhNTIwZTM4LTAzNjQtMzFmZS1hOTFkLTZkOTg2MjFjZWFjMARwb3MDNARzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyAzE4NjhhY2QwLWI1YTUtMTFlMS05ZmFiLTI4YmUwMTcyOGMzNQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Fall In May Retail Sails Driven Entirely By Lower Gas Station Spending

http://finance.yahoo.com/blogs/daniel-gross/fall-may-retail-sales-driven-entirely-lower-gas-131147956.html;_ylt=AhYPVsN6rlc50G5Zj_SMO2OiuYdG;_ylu=X3oDMTRmaW9kOHUzBG1pdANGUCBDb21tZW50YXJ5IGFuZCBBbmFseXNpcwRwa2cDODA5MDFmZTMtZGQ5ZC0zMDA3LThjYzgtNmQ3ZDI4OTVkNTdmBHBvcwMxBHNlYwNNZWRpYVNlY3Rpb25MaXN0VGVtcAR2ZXIDOTVjNjc0YjAtYjU1ZS0xMWUxLWFmZGYtYmIyMmUwNTA5M2E3;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3