Economy

(SilverBearCafe) – ShadowStats: CPI-Alt Running 4.3%, Gold $2,382, Silver $139

There is almost no doubt in my mind that we will see these prices for gold and silver. I am just not sure exactly how we will get there, and when. But I expect the unexpected, or at least that which is not expected by the many.

(EconomicPolicyJournal) – Consumer Metrics Institute: In about 20 days the 2010 slowdown could be more severe on a day-to-day basis than the 2008 ‘Great Recession’ – Read More Here

(Reuters) – Consumer Prices Drop, Sentiment Sours

Weak energy costs pushed U.S. consumer prices down for a third straight month in June while consumer sentiment dropped to a near one-year low in July, highlighting the sluggishness of the economic recovery. Read More Here

(ActivistPost) – Goldman Sachs Mafia Pays Hush Money to the S.E.C. Police

The New York Times reported yesterday that the criminal gang at Goldman Sachs is paying a $550 million “fine” to the Securities and Exchange Commission to “settle” their fraud case. If approved, the settlement would “represent only a small financial dent for Goldman, which reported $13.38 billion in profit last year.”

Meanwhile, Goldman Sach’s shares rose 5% in after-hours trading alone on the news adding about $3.5 billion in value to their market cap. Ah, life is good for the banksters at the top of the pyramid, especially when the media is on your side too. The New York Times piece went on to say: Read More Here

Video: Bob Chapman – The United States Middle Class is being Wiped-Out!!! – Alex Jones Tv –

Alex talks with regular Friday guest Bob Chapman, publisher of the the International Forecaster newsletter, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm and was probably the largest gold and silver stockbroker in the world during that period. Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers.

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