Monthly Archives: April 2010

Foreclosure Rates Surge, Biggest Jump in 5 Years

What? This can’t be right. The economy is all better now, isn’t it? We’re back on track and everything is hunky dory. Clearly this is a mistake. This article was probably stuck in someone’s computer and was meant to go out a year ago. Go back to sleep, nothing to see here, folks. — FOXNews.com – Foreclosure Rates Surge, Biggest Jump in 5 Years LOS ANGELES — A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at … Continue reading

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In The News Today

Some good stuff from Jim Sinclair below that you should pay attention to. Just looking at the markets today, the DJIA is down, the USDX isn’t dropping, but gold and silver prices are climbing. This has not been the norm lately and tells me that things are shifting in the underpinnings of the finance sector. — In The News Today Dear Friends, The euro is under pressure due to the liabilities of their states. The US dollar will come under severe pressure for the same reason. Gold has NO LIABILITIES attached to it and has been a currency since the … Continue reading

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March jobs report shows employers hiring again – Apr. 2, 2010

They must think we’re dopes. We’ve lost millions of jobs and they’re getting all excited about 162,000. — March jobs report shows employers hiring again – Apr. 2, 2010 The U.S. economy gained more jobs in March than any other month in the last three years, according to a government report released Friday. The Labor Department said the economy gained 162,000 jobs in the month, compared to a revised reading of a 14,000 job loss in February. That makes March only the third month of gains since the recession began.

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