Economics Articles


How Germany’s September 12 Meeting Could Sink the Euro

On September 12, Germany’s Supreme Court will decide whether Germany can continue to put funds in the Euro stability pact, bailout programs, and thus whether there will be a Euro bond program and whether the Bundestaag will lose control of their own government. How the court decides can affect the future of the Euro because […]

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HUD Awards $149 Million to California for Neighborhood Stabilization

U.S. Housing and Urban Development Secretary Shaun Donovan awarded an additional $149 million in funding to California communities struggling to reverse the effects of the foreclosure crisis. The grants represent a third round of funding through HUD’s Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to help local California communities acquire, redevelop or […]

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Our Favorite Cycles Expert Charles Nenner Says …

In a recent radio¬†interview, our favorite cycles expert Charless Nenner made some bold forecasts we’d like to share: – gold cycles are bottoming, and we might see a rise to $2120 per ounce, but not much more – expect a low in the US Dollar in March and April of 2012, after which we will […]

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Federal Reserve Punishes Savers

With QE1 and QE2, the Federal Reserve has tried to stimulate jobs and put a floor beneath stock prices. Inflation is rearing its head, and corporations are showing profits and starting to hire a bit again, but after QE2 … then what? Most Americans are trying to save money now and pay down debts. Jobs […]

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The California Tax Reform Initiative

Imagine that California eliminates most taxes that discourage commerce and productive enterprise in California … such as the sales tax, corporate tax and property tax. Such tax reform proposals are part of the Sec. of State initiative #1413, A.G. File No. 09-0051, which is the California Tax Reform Initiative now in circulation to try to […]

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One in Three Consumers Hurt By Gas Prices, Index Says

One-in-three U.S. consumers (32 percent) has already significantly reduced discretionary spending because of the increase of rising gas prices, according to the monthly RBC Consumer Outlook Index. With the national average price at approximately $3.20 per gallon at the time this survey was conducted (February 25-28, 2011) another one-in-five (18 percent) say they would reduce spending if gas prices climb to $3.75 per gallon. Four-in-10 (41 percent) place their pain threshold at $4.00 per gallon or more.

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Council on Competitiveness Lauds Obama on Business Regulations

President & CEO of the Council on Competitiveness, Deborah L. Wince-Smith, had this to say about President Obama’s signing of an order that instructs federal agencies to look over select regulations that are straining American businesses:

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Silver Ends 2010 at 30-year High Beating CDs

What’s in store for the precious metals for 2011? Metals gurus are citing even greater price increases due to fears of inflation and fears that the FED’s move are out of control. In addition, many are pushing for higher prices to go against some large firms with macro short positions. Basically the increasing demand is […]

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Goldman Sachs Predicts 2011

The economy seems to be on a recovery roll, at least for corporate profits. The problem of joblessness still needs to be tackled in 2011 and it remains to be seen how things will fare in this quarter. In any case, the concluded Obama tax compromise has sent all investment houses into making new upwards […]

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Gold Expected to Increases in 2011 Says Soros

Famed hedge fund investor George Soros thinks gold prices are heading much higher in 2011. As the largest holder of the GLD fund, he has reasons to talk up the metal but he isn’t the only one all bull. John Paulson, David Einhorn, Paul Tudor Jones and other famous investors have piled into precious metals. […]

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