Financial News Update – 06/03/09

Chinese Begin Buying Up Gold

Plosser: Fed Should Stay Out of Toxic Assets

Holtz-Eakin: Obama Budget is Very Scary

Does Anyone Care About the GM Shareholder?

Steps Away from Being the Next Weimar Germany

President Pivots on Taxing Benefits

FEULNER: Urgency vs. duty of Constitution

U.S. Highway Fund Low on Cash Again

Hummer’s Chinese buyer a newcomer to auto industry

Bernanke Calls for Deficit Reduction

GM To Keep Lobbyists: Government to Influence Itself

Obama’s Broken Transparency Promise: Government Motors Edition

Private sector axes 532,000 jobs in May

Geithner faces sluggish market, rents out NY home

Bernanke Warns Long-Term Budget Deficits Threaten Financial Stability

Germany Blasts ‘Powers of the Fed’

GM, Chrysler Say Slashing Dealerships Key to Survival

Survival Blog:

Unemployment Rate Rises to Highest Since 1999

India Exports Fall by Record Amid Global Recession

Spot silver is pushing $16 per ounce

Peter Schiff: Wall Street Unspun

GM Bankruptcy Watch: Woe to Main Street Bondholders

Getting Out of GM While the Getting is Good

GM Bankruptcy Spells Disaster For Small Suppliers

GM, CitiGroup Removed From Dow Jones Industrial Index

Consumer Spending Dips, Savings Rates Surge

Silver Posts Biggest Monthly Gains in 22 Years

To Hell in a Bond Basket

Chapman: Gold To Stand Against Big Devaluations

“What we are about to tell you may be the most important information that we have imparted in almost 50 years. something very bad is looming – we don’t know the exact configuration yet, but we think the key is the collapse of the dollar, which will send gold and silver to considerably higher prices. These events could unfold over the next 2 to 4 months. There could be devaluation and default of the US dollar and American debt. You must have at least a 6-month supply of freeze dried and dehydrated foods, a water filer for brackish water, and assault weapons with plenty of ammo and clips. You should put as much of your wealth as you can in gold and silver coins and shares. You should not own any stocks in the stock market except gold and silver shares, you should not own bonds the exception being Canadian government securities, you should not own CDs, cash value life insurance policies and annuities. And, needless to say, except for your home you should be totally out of real estate, residential and commercial because it will remain illiquid for many years to come.”

Peter Schiff Vlog Report 29 May 2009

One thought on “Financial News Update – 06/03/09

  1. Pingback: Posts about Real Estate Market Reports as of June 4, 2009 | Real Estate Market Reports

Comments are closed.

Donate to

Support American Values...