Posts Tagged ‘obama’

Recently there has been much talk about the possibility of a war with Iran. And, as one can expect the main stream media is involved in a deliberate process of distorting the true facts, just as they were before the US invaded Iraq. Full story

Washington lawmakers are voting today on a bill to approve a land exchange that would clear the way for what would be North America's largest copper mine. Full story

If dollar-dumping turns from a trickle into a flood, look out. Exploding prices (aka exorbitant inflation) resulting from the devaluation of the dollar will compound the problems we saw in 2007–2009. Catastrophe will come when everybody realizes that the dollar is an "IOU nothing." That's the downside in the decade(s) ahead, according to Casey Research Chairman Doug Casey Full story

Donald Trump is now accepting payment in gold. Full story

Bloomberg reports gold may decline to below $1,700 an ounce in September before climbing to an all-time high of $2,000 in October as the metal extends its longest rally in at least nine decades, according to technical analysts. The Wall Street Journal reports market participants expect volatile trading in gold to continue this week, as traders look to what may be contentious debate on US ... Full story

Gold ticked down more than half a per cent, having risen sharply in the previous session, as investors digested US President Barack Obama's $US447 billion jobs plan to spur economic growth and battle unemployment. Although the lingering debt crisis in Full story

* World stocks hit by losses again * Wall Street down as much as 5 percent * Italian, Spanish bond yields drop on ECB buying * Gold hits record above $1,700 an ounce (Updates prices, adds Obama, details) By Leah Schnurr NEW YORK, Aug 8 (Reuters) - U.S. Full story

- Democratic lawmakers are openly questioning whether they can trust President Barack Obama to cut future deals with Republicans, while disappointment among party activists is raising doubts about their investment in his 2012 re-election campaign. Full story

Gold futures lost over $16 early on Monday after US lawmakers and the Obama administration reached an 11th-hour agreement on raising the federal debt ceiling, but quickly pared the losses after data showed manufacturing activity at its lowest level in two years in the US and shrinking factory output in China. December gold initially retreated from the record settlement of $1,631.20 an ounce on Friday, ... Full story

- President Barack Obama summoned top Democratic and Republican lawmakers to the White House Wednesday to resume negotiations on averting a potentially crippling government default, as attention focused on a new bipartisan budget plan emerging in the Senate. But the congressional leaders were meeting separately with Obama, not with each other. Full story