Economics and Investing:

The IRS just issued tax guidance for bitcoin and other virtual currencies. They classify bitcoins as property, instead of a currency, where tax rules of stocks and barter will apply. – H.L.

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Video: Ann Barnhardt – Your savings are being robbed from you. – B.B.

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Items from The Economatrix:

Dollar Value Could Suffer Instant Change-David Morgan

Low Fed Rates Worsen U.S. Retirement Crisis

Stocks Edge Higher After Manufactured Goods Report

Subprime Mortgages Are Slowly Making A Comeback