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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (104478)8/16/2009 6:37:48 PM
From: NOW1 Recommendation  Respond to of 110194
 
The fight between inflation and deflation is over. Deflation was knocked out in the first round.

Such pronouncements make me think he will be badly wrong, at least temporarily



To: Chispas who wrote (104478)8/16/2009 9:46:28 PM
From: bart131 Recommendation  Respond to of 110194
 
Similar one to Ken Gerbino's last Feb:

kitco.com



To: Chispas who wrote (104478)8/17/2009 7:29:20 AM
From: Chispas  Respond to of 110194
 
"Stock futures point to plunge on Wall Street"

(AP) – 33 minutes ago

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Wall Street looks to plunge at the opening of trading as investors around the world feared that consumers are too anxious to help lift the economy into recovery.

U.S. stock futures are sharply lower Monday after overseas markets extended the heavy selling that began on Wall Street Friday. That pullback followed a weaker than expected reading on consumer confidence.

The Shanghai stock market has fallen 6 percent and the major indexes in Europe are all down more than 1.5 percent.

Oil prices also continued to fall sharply, reflecting the growing concerns about a weak economy that will curtail demand for energy.

Dow Jones industrial average futures are down 176, or 1.9 percent, at 9,145. Standard & Poor's 500 index futures are down 20.90, or 2.1 percent, at 984.90., while Nasdaq 100 index futures are down 28.25, or 1.8 percent, at 1,586.75.

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google.com