Tuesday, October 5, 2010

Florida Notary Fraud Erin Cullaro – Scandalous – Substantiated Allegations of Foreclosure Fraud That Implicates the Florida Attorney Generals Office and The Florida Default Law Group


10/5/10 Midevening Report: Japan says money for nothing and ch(opst)icks for free


$5,000 Gold Bandwagon Now Includes These 65 Analysts – Got Gold?

Doubts about gold and silver ETFs aired by TheStreet.com

 

The Great Gold Revaluation



Fed’s Evans says favors "much more" easing Published October 05, 2010
NEW YORK (Reuters) – The U.S. Federal Reserve should do "much more" monetary easing to spur a sluggish economic recovery, a top Fed official said in an interview published Tuesday.
"In the last several months I’ve stared at our unemployment forecast and come to the conclusion that it’s just not coming down nearly as quickly as it should," Chicago Federal Reserve Bank President Charles Evans told the Wall Street Journal.
"This is a far grimmer forecast than we ought to have," he said, for which reason he favors "much more accommodation than we’ve put in place."
The U.S. unemployment rate in August ticked up to 9.6 percent, and government figures to be released on Friday are expected to show a further increase to 9.7 percent.
Evans, who rotates into a voting position on the Fed’s policy-setting committee next year, stands on the dovish end of the spectrum at the Fed, concerned more with high unemployment than with the threat of inflation.
More…



Jim Sinclair’s Commentary
Double dip? You have to be kidding. Double flop is more like it.

U.S. Loan Delinquencies Rise for First Time in a Year, ABA Says By Phil Mattingly – Oct 5, 2010 1:00 AM MT
U.S. consumer-loan delinquencies increased for the first time in a year during the second quarter amid a slowdown in recovery from the worst economic crisis since the Great Depression, the American Bankers Association said.
Overall delinquencies across eight loan categories rose to 3 percent of all accounts in the second quarter from 2.98 percent in the preceding three-month period, the ABA said in its quarterly Consumer Credit Delinquency Bulletin. Most of the increase was attributable to delinquencies on mobile homes and marine loans, according to the report.
The overall increase came even as credit-card delinquencies dropped to their lowest level since 2001, the Washington-based ABA said.
“The economic momentum over the last few quarters seems to be losing steam,” ABA Chief Economist James Chessen said in a statement. “I think delinquencies will continue to improve but at a slower pace, reflecting a struggling economy.”
U.S. economic growth slowed in the second quarter and the Conference Board reported that confidence among consumers retreated to a five-month low amid concern that a lack of jobs will impede recovery from the 2008 credit crisis. September unemployment will climb to 9.7 percent from 9.6 percent in August, according to the median estimate of 62 economists surveyed by Bloomberg News ahead of an Oct. 8 report from the Labor Department.
More…



Gold's Big Countdown vs. the Big Four Currencies



The Truth Goes Viral, Part 2: Italian Towns Damaged by Derivatives, Downtown Brooklyn Real Estate, Goldman Sachs, JP Morgan, Europe’s Overbanked Status, Reggie Middleton, Matt Taibbi, and Simon Johnson – All in One Video



Got Food?...Your going to need it sooner then you think...Were Freaking Doomed...
BETTER SAFE THEN SORRY...

Costco Is Now In The Apocalypse Provisioning Business 

 

Fed Monetizes $5.2 Billion In 2016-2017 USTs

 

Stocks In Gold Down As Latest Stock Ramp Again Fails To Offset Purchasing Power Loss 

 

Chicago's Charles Evans Joins Call For QE2 As Spot Gold Passes $1,340 Barrier

 

Mexico Selling 100 Year Sovereign Bonds, US Consols To Follow

 

Insider Selling To Buying: 2,341 To 1 The Rats are jumping ship...


Doubt growing about central bank gold reserves

 

Japan needs devaluation and gold to hedge against it, Davies tells King World News

 

Connecting the Dots of Chinese Gold and Currency Reserves



Goldman: Soaring Demand Will Push Copper to $11,000
Copper will trade at $11,000 a metric ton in a year, Goldman Sachs Group Inc. said as it raised price estimates because of swelling demand. The forecast implies a 35 percent gain from the metal’s current price.

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