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Economics and Investing:
We'll start with a bit of levity, to temper all the recent bad news: The
Monster Crash. (Kudos to Richard at KT
Ordnance for sending the link.)
I've added 90-Day and 5-Year price charts for silver and gold to the bottom
of my Investing page.
Reader M.H. sent a reminder that anyone in the US that is expecting a tax
refund on their state income
tax should file their tax returns as early as
possible this year. As
states increasingly run into budget crises, some taxpayers that wait
until April 15th to send in their tax forms may end up out of luck--and end
up waiting for many extra months to get their tax refund checks.
Robert B. sent us this: New
Gulf currency 'Khaleeji' poised to be Gold backed to remove 'Riba'
From Ben H.: US
Federal 2008 deficit was really about $5 trillion
RSR spotted this: Beer No Longer Recession-Proof
Items from The Economatrix:
US Economy: Housing Starts, Factory Output Plunge
The Crash of 2009 is Coming to YOU!
1 in 5 California Public Workers to be Fired
BofE Seeks Power to Inject More Money into Economy to Fight Recession
Britain's
AAA Credit Rating Threatened by Scale of Bail-Out, Says S&P
Fed
Says Economy Even Worse than Thought
Growing Stocks of Unsold Cars
HUD: The Mortgage Crisis is a Jobs Crisis
Nearly 5 Million Americans Receiving Unemployment Benefits
California Legislators Finally Approve Budget
Public Fears about Troubled Economy Growing
Gold Primed to
be "Mania Asset"
It's Getting Ugly: Economist Says Hoard Gold and Scotch
The
Burning Platform Here is a quote:"When I see Senator Charles Schumer
of New York make a speech on the floor of the Senate saying, 'And let me say
this
to all
of
the chattering class
that so much focuses on those little, tiny, yes, porky amendments, the American
people really don't care', I want to throttle him."
It Will
Happen (The Mogambo Guru)
Investors Rush into Gold Coins
