Going for gold: Prices rise as investors pile into safe haven

Investors are going for gold as the Greek debt crisis has forced them to rush to safety en masse, pushing up its price to an all-time high.
Gold is one of the most popular asset classes for investors when markets start to dive, along with Government bonds.
And the chances of Greece reneging on its debts has thrown a shadow over the stability of most eurozone economies and investors have lost faith in Governments as a result.

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20 THINGS YOU WILL NEED TO SURVIVE WHEN THE ECONOMY COLLAPSES AND THE NEXT GREAT DEPRESSION BEGINS

Today, millions of Americans say that they believe that the United States is on the verge of a major economic collapse and will soon be entering another Great Depression.  But only a small percentage of those same people are prepared for that to happen.  The sad truth is that the vast majority of Americans would last little more than a month on what they have stored up in their homes. Will you be one of them?
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Advice From An Expat!

My wife and I have been living abroad for over 4 years. FREE HOUSING IS A REALITY OVERSEAS & COST OF LIVING IS MUCH CHEAPER. THE HEALTH CARE IS GOOD AND INEXPENSIVE.

CURIOUS? FOLLOW THE BLOG AND LEAVE COMMENTS! EVERY WEEK THERE WILL BE NEW ADVICE.

American's leaving America in Record Numbers

The number of Americans choosing not merely to retire but often to live and work in other countries — expatriates or "expats" — has been increasing steadily for a number of years now. According to one source, the number of American expats has risen to four million, and the steady trickle of Americans out of this country shows no signs of abating

FULL ARTICLE HERE

Obama Denies Individual Aid for Storm Relief

President Barack Obama has denied aid to individuals affected by March’s massive storms and Gov. M. Jodi Rell said she plans to file a formal appeal.

The decision comes just days after Obama approved the state’s request for a “major disaster declaration,” which provides financial help to state and municipal governments in Fairfield, Middlesex and New London counties.



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European Debt Crisis Looms As Markets React To Greek Debt Woes

Greece Needs $60 BILLION By Mid-May...Germany Near Agreement On Aid... Simon Johnson: Large Parts Of Europe Are Now Like 'Emerging Markets' ... Roubini: 'Significant Risk' That EU Could Break Apart... Salmon: 'I've Never Seen Anything Like This'

Click on pic for full article

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GOLDMAN EXEC SAY'S WILL DEFEND HIMSELF

The executive director of Goldman Sachs denies the allegations that the US investment bank has misled its clients, vowing to defend himself against charges.

Appearing before the Senate Permanent Subcommittee on Investigations, Fabrice Tourre said on Tuesday that he dismissed the charges of fraud made by the regulators.

The Goldman Sachs' Executive Director Fabrice Tourre

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PRO-GOLD INVESTMENT ATTITUDE MAY RUN FOR YEARS - CPM

Reno, NV

CPM Groups's latest Gold Yearbook suggests gold has "solidified it's standing....as a premier and exceptional financial asset to provide protection against a host of financial, economic and political problems."

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GREEK CRISIS FEARS DEEPEN!

NEW YORK (CNNMONEY.COM) The yield on Greek bonds soared to record levels again, a day after Standard & Poor's slashed it's debt rating on the country to junk and amid reports that the IMF is considering loaning more money to the beleaguered country.



FULL ARTICLE HERE

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