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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (298288)12/15/2010 6:01:20 PM
From: Broken_ClockRead Replies (1) | Respond to of 306849
 
Congress' Job Approval Rating Worst in Gallup History
Thirteen percent approve of the way Congress is handling its job
by Jeffrey M. Jones

PRINCETON, NJ -- Americans' assessment of Congress has hit a new low, with 13% saying they approve of the way Congress is handling its job. The 83% disapproval rating is also the worst Gallup has measured in more than 30 years of tracking congressional job performance.

The prior low approval rating for Congress was 14% in July 2008 when the United States was dealing with record-high gas prices and the economy was in recession.



To: DebtBomb who wrote (298288)12/15/2010 6:56:43 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Silver Forecast to Rise to $40/oz in 2011, $400/oz by 2015

Mark O'Byrne
Published 12/15/2010
resourceinvestor.com

Gold has fallen in dollars but is flat in sterling and euros this morning. Moody's has cut Spain's debt rating on contagion concerns which has seen the euro fall. Germany's opposition to further government financed aid is leading to tensions with the ECB, which is itself now under financial pressure and may need an increase in capital if it is to continue buying sovereign European debt.

Gold is currently trading at $1,388.70/oz, €1,042.18/oz and £886.54/oz.

The risk of contagion is real and many analysts believe the crisis will escalate early in 2011. This will lead to continued safe haven demand for gold and should see gold once again perform well in 2011.