Gold closed at a record high of $1,458 per ounce today. The reasons suggested for the skyrocketing price were rampant unrest in the Middle East, and the U.S. government’s failure to come to an agreement on a federal budget which will likely…
MarketWatch.com is reporting that, according to the nonprofit Conference Board, U.S. consumer confidence has seen its biggest one-month drop in over a year. The drop is due to worries about rising oil and food prices, and stagnant incomes. http://www.marketwatch.com/story/consumer-confidence-falls-sharply-in-march-2011-03-29
Prnewswire.com has posted a very interesting article outlining the 12 warning signs that hyperinflation is coming soon to the U.S. http://www.prnewswire.com/news-releases/12-warning-signs-of-us-hyperinflation-118718254.html
MarketWatch.com is reporting that US disposable income was down in February 2011, while consumer prices have risen by the widest margin in 2 1/2 years. Also pointed out in the article is evidence showing that high gasoline prices are now beginning to…
Wednesday, March 16th, 2011, Chris Martenson of ChrisMartenson.com issued an alert regarding the unfolding crisis in Japan and how it relates to a global enonomic disaster. Here is a link to that post: http://www.chrismartenson.com/blog/alert-nuclear-economic-meltdown-in-progress
