Economics and Investing:

For Recession Victims, Gold Mining Pans Out

From C.D.V.: 60 Minutes segment: “State Budgets: Day of Reckoning”

Goldman Sachs Guru Sees 2011 as ‘the Year of the USA’ Goldman’s Jim O’Neill shot to fame by predicting the staggering rise of emerging-market economies like the BRIC nations, Brazil, Russia, India and China. But 2011, he says, “will be the beginning of a new phase in which the U.S. has strong GDP growth.” 


Items from The Economatrix:

Sales of Previously Occupied Homes Up in November  

Oil Tops $90 as Government Says Crude Supplies Shrank  

Citigroup Fears Fresh Wave of Sovereign Defaults and Bank Failures in Eurozone

More People Fell Out of Obama Mortgage-Aid Program