Tag Archives: commerce department

Gold Plummets $96 an Ounce in One Day!

August 24, 2011 – Gold Plummets $96 in One Day: Gold prices fell sharply Wednesday after a surprisingly strong report on new orders for durable goods ruined hopes of more easing from the Federal Reserve. Gold futures for December delivery … Continue reading

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Gold Rockets to New Record High of $1,663.50 an Ounce!

August 4, 2011 – – Gold Rockets to New Record High of $1,663.50 an Ounce: Fears of a recession sent gold futures to a record settlement price Wednesday, its fifth in eight sessions, as its safety appeal pulled in investors … Continue reading

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U.S. Federal Government Debt Ceiling Crisis.

July 17, 2011 – – The U.S. Federal Government Debt Ceiling Crisis: It’s getting close to “crunch” time on the federal government debt ceiling. Tax receipts, up to the August 2nd cutoff, total about $172B (Billion). Spending totals $307B, leaving a “hole” … Continue reading

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