With gold up $111 and silver trading over $4 higher this week, today Michael Pento, of Pento Portfolio Strategies, writes for KWN to explain why the metals surged and why they will continue to surge in the months ahead. Pento states, “Greece has supposedly received a bailout and markets across the globe are soaring. In fact, they are rising in the same manner they did a few months after the [...]
by Mark McHugh of Across The Street
Can you say â€œUnsustainableâ€?
Another way to confuse people is with words.Â Focus, if you will, on just two words from the Purposes page of the Emergency Economic Stabilization Act of 2008:
The purposes of this chapter areâ€”
(1) to immediately provide authority and facilities that the Secretary of the Treasury can use to restore liquidity and stability to the financial system of [...]
Here is one of them.
Statement by the PresidentÃ¢â‚¬â„¢s Working Group on Financial Markets
Washington, DC– The President’s Working Group on Financial Markets issued the following statement today:
Conditions in U.S. and global financial markets remain extremely strained. The President’s Working Group on Financial Markets (PWG) is working with market participants and regulators globally to address the current challenges and restore confidence and stability to financial markets around the world.
With the passage of [...]