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Senate Passes $15 Billion 'Jobs' Bill | Print |  E-mail
Written by James Heiser   
Thursday, 25 February 2010 12:50

As President Barack Obama’s jobless “recovery” is showing more and more signs of being no recovery at all, the Senate has voted another $15 billion to continuing pursuing their addiction to stimulus, and there are prospects that another $100 billion will be following shortly.

 
Rosenberg Sees China Causing Gold to Hit $2,600 | Print |  E-mail
Written by Steven J. DuBord   
Saturday, 05 December 2009 00:00

gold barsGold has recently topped the $1,200 per ounce mark, but analyst David Rosenberg sees it going as high as $2,623 per ounce in the not-to-distant future if Communist China follows through on its plans to begin stockpiling the precious metal.

 
Gold Hits New Record High, Skirts $1,200/oz. | Print |  E-mail
Written by Steven Yates   
Tuesday, 01 December 2009 19:00

Gold barsThe weakening dollar propelled gold prices in American markets almost to $1,200 an ounce Tuesday morning, Reuters reported. U.S. gold futures for February delivery hit a new record of $1,200.50 an ounce before falling back. Investors are buying the precious metal as an alternative asset.

 
GDP Numbers Revised Downward to 2.8 percent for Third Quarter | Print |  E-mail
Written by Thomas R. Eddlem   
Wednesday, 25 November 2009 05:31

The U.S. economy grew slower in the third quarter of the year than initially forecast according to the U.S. Bureau of Economic Analysis (BEA), which revised third-quarter growth down from a 3.5 percent annualized increase to 2.8 percent.

 
GDP Increases 3.5% in Third Quarter, Fueled by “Cash for Clunkers” | Print |  E-mail
Written by Thomas R. Eddlem   
Thursday, 29 October 2009 11:00

The U.S. economy grew at a better-than-expected 3.5 percent annualized rate in the third quarter, according to an “advance estimate” released by the Bureau of Economic Analysis (BEA) October 29.

 
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