5/6/10 Gold hits over $1200 for first time in history

[BillyB]

5/6/10 Gold hits over $1200 for second time in history

The speculators, traunchers, derivitives and commodities traders are having their way with us. Without any lube!

24-hour Spot Chart - Gold


(but not so cheery),
Billy

 

[BillyB]

Stock Selloff May Have Been Triggered by a Trader Error

Stock Selloff May Have Been Triggered by a Trader Error

 

[sixonice]

The speculators, traunchers, derivitives and commodities traders are having their way with us. Without any lube!

24-hour Spot Chart - Gold


(but not so cheery),
Billy

no better time than now to push all ceramics. we have the materials, the strengths and the technology to do this.

 

[BillyB]

The U.S. Trade Gap Won't Go Away - BusinessWeek

The quick resurgence shows that the recession didn't reduce U.S. overdependence on imports; by permanently closing many factories, it probably helped hollow out the U.S. economy, making it harder to balance trade. As General Electric (GE) Chief Executive Officer Jeffrey Immelt said in a recent speech, China is likely to surpass the U.S. in manufacturing output in the next few years. "In Reagan's time, America was the world's biggest exporter by far," said Immelt. "Today, we're fourth."​

Article neglects to mention that the US's #1 export is cardboard pulp. To China. For making boxes. To ship their non tariff manufactured goods back to us.