Gold Heading Above $2,000 by End of 2010: Strategist Soaring U.S. Budget Deficit Will Mean Billions in Bond Sales NLE 09: FEMA Takes Preparations for Martial Law to the Next Level 'Hizzhonor' - Chicago Politics Under Richard M. Daley Cook - Our Money System - State Of Permanent Siege China Vs America - A Visual Comparison Stang - Tea Party Revolution - So Now What? Global Bank Losses To Hit $4T Says IMF Volvo To Cut More Than 1,500 Jobs New Zealand's Islands May Be Renamed
The price of gold will spike above $2,000 an ounce before the end of 2010 because of rising inflation, currency devaluation and the risk of a massive debt-bust spurs buying of the precious metal, Philip Manduca told CNBC Wednesday.
• Freddie Mac CFO Found Dead
Millions of lost jobs mean billions in lost tax revenue for the U.S. government, and billions in additional Treasury debt to fund a federal budget deficit that may soar to more than four times last year’s record $454.7 billion.
• Housing bubble smackdown: Huge “shadow inventory” portends a bigger crash ahead
FEMA is preparing to take its martial law exercises to the next level this July. According to a factsheet buried on the FEMA website, the agency will host National Level Exercise 2009 (NLE 09) on July 27 through July 31, 2009.
Thursday, 23 April 2009
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