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Markets

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Less Than 24 Hours After My Warning Of Extensive Legal Risk In The Banking Industry, The Massachusetts Supreme Court Drops THE BOMB!

Jan 11, 2011 at 08:49

I have absolutely no idea what he means by Merrill Lynch going on a buying spree - actually using their (BofA's) balance sheet? I seriously doubt so. I also take…

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Budget Battles Ahead

Jan 11, 2011 at 08:18

The U.S tax battle on the federal level was fought and resolved a few weeks ago, but only temporarily. In early December, President Obama's Deficit Commission presented its report, with…

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Happy Little Mushrooms 2011

Jan 11, 2011 at 08:06

The world has pinned economic salvation and escape from the debt pyramid onto growth economies and financial stimulus. Yet the size of the economies expected to carry us through indicates…

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Gold Market Update

Jan 11, 2011 at 07:43

The rally in gold in the final trading days of December was unable to make new highs, and now it is on the verge of going into correction mode. On…

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Silver Market Update

Jan 11, 2011 at 07:41

Silver is now looking vulnerable as last week it clearly broke down from its steep uptrend in force from last August, after making new highs at the turn of the…

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Spot The Bubbles

Jan 11, 2011 at 06:59

Let the truth be known, the world is being held hostage by powerful bankers. Thanks to the fiat-money fractional reserve system, bankers have become the ruling elite and as a…

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Bounce Off of Support...

Jan 11, 2011 at 06:39

Equity indexes opened lower but bounced off of key support levels to finish higher than they opened...

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Better To B

Jan 10, 2011 at 16:00

It was a reasonably quiet Monday, as expected considering there was no economic data due. Stocks sagged in the morning, and both stocks and bonds rallied in the afternoon -…

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Brown Seeks 10% Pay Reduction For State Employees, Unveils $12.5 Billion Spending Cuts; Suggestions to Eliminate the Gap

Jan 10, 2011 at 15:55

Governor Brown has a budget shortfall of $28 billion. He seeks to get $12.5 billion from spending cuts. That is 44.6% of what needs to be done. Please consider California's…

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EU Prepares to Approve 1 Trillion Euro Master Energy Plan

Jan 10, 2011 at 14:55

Towards the end of last year, the European Commission presented its new energy strategy for the next decade, calling for investment of €1 trillion in the EU's energy network, among…