by Mac Slavo | May 7, 2010 | Headline News
The Labor department reports that our official unemployment rate has risen to 9.9% and the official “underemployment” rate is now at 17.1%. Not to worry though, because according to some, this is a very positive sign of recovery. US News says that “a...
by Mac Slavo | May 7, 2010 | Jim Rogers, Marc Faber
The Doctors Doom Marc Faber and Nouriel Roubini provide their view of what happened in stock markets, both suggesting that debt crisis in Europe, the USA and the world over may likely be responsible. Jim Rogers says this is a stock market correction Marc Faber: I...
by Mac Slavo | May 7, 2010 | Headline News
This is what it sounded like in the pits as the stock market melted down nearly 1000 points, shaving off over $1 trillion dollar in value. Hat tip Zero Hedge
by Mac Slavo | May 7, 2010 | Emergency Preparedness
This article has been contributed by Kevin, proprietor of 20smoney.com and the Neo Survivalist blog. Today was an incredible day for those of us that pay attention to the world of finance and more specifically, the stock market. After slowly moving lower, the stock...
by Mac Slavo | May 6, 2010 | Headline News
As most of America knows, the stock market collapsed nearly 1000 points today and then, just as fast as it tanked, it rebounded. Initial reports pegged the stock market woes to Greece’s debt crisis. As massive amounts of funds seemed to be shifting into US...