You might have noticed that gold set a record weekly closing price on Friday at $1,005 per ounce [1], and silver closed at a respectable $16.70 [2]. I expect some profit-taking in the next two weeks, so be ready to buy on this dip!
From Jeff D.: Treasury sees millions more foreclosures [3]
Ben M. spotted this piece quoting Mr. Magoo Alan Greenspan. Market crisis ‘will happen again [4]‘
Items from The Economatrix:
Government Paid Dealers $1.2 Billion for “Clunkers” [5]
NYC’s Tavern on the Green Files for Chapter 11 Bankruptcy
Trade, Jobless Claims Figures Show Recession Fading
[6]
Money Market Fund Guarantee Program to End
Proctor & Gamble Sees Sales Starting to Rise Again in 2Q [7]