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Nov 30, 2010

Forecast for $100 daily moves in gold as silver shortage is reported:GARA THE GATA DISPATCH

Forecast for $100 daily moves in gold as silver shortage is reported

9p ET Tuesday, November 30, 2010
Dear Friend of GATA and Gold (and Silver):
Over at King World News, Eric King has interviewed Tocqueville Gold Fund manager John Hathaway, who expects $100 daily moves in gold, up and down, as the Western paper money system cracks up. Excerpts from the interview can be found at King World News here:
http://bit.ly/hubxiE
Meanwhile Pan American Silver CEO Geoff Burns tells King that silver users are having trouble locating real metal in size. Excerpts from that interview can be found at King World News here:
http://bit.ly/i9jefi
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:
http://www.goldrush21.com/
* * *
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
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GDP pace slowest since financial crisis | Financial $ Forex Info News | The Australian Business Briefing






GDP pace slowest since financial crisis
Aus Bus Pix GDP manufacturing Holden factory Adelaide UPDATED Scott Murdoch AUSTRALIA'S economy is growing at its slowest pace in nearly two years, despite its being seen as among the world's best performers.
Next web billionaire aged 29
Groupon Murad Ahmed ANDREW Mason studied music at university where he dreamt about making his riches as a rock star.
S&P mulls credit downgrade on Portugal
Portugal John Kell CREDIT ratings agency Standard & Poor's says it is mulling a downgrade on Portugal's investment-grade ratings, citing economic pressures.
St George plans aggressive strategy
St George Bank CEO Rob Chapman EXCLUSIVE Glenda Korporaal ST GEORGE'S new chief executive Rob Chapman has unveiled an aggressive strategy to expand in Queensland, Victoria and Western Australia.
Higher debt costs hit manufacturers
heather ridout Enda Curran AUSTRALIAN manufacturers suffered more pain in November from record highs in the local currency and increased borrowing costs.
UBS leads Deutsche in broker tables
UBS Michael Bennet A BUMPER month for UBS has pushed it ahead of rival Deutsche Bank in the hotly contested broker tables, one month from the finish line.
Gold jumps on China's fund approval
gold pour Matt Whittaker GOLD rallied today as China moved to spur more investment in the metal at a time when investors are clamouring for it as a refuge.
Disasters in 2010 cost insurers $38bn
Christchurch earthquake Anita Greil NATURAL catastrophes and man-made disasters this year cost the global insurance industry $US36 billion ($38bn).
Financial Markets
Shares off lows despite soft GDP
ASX THE Australian sharemarket was marginally lower by early afternoon as investors digested the soft third-quarter economic growth figures.
S&P mulls credit downgrade on Portugal
Wall St falls as European risks weigh
Financial Markets Coverage
Mining & Energy
Gold jumps on China's fund approval
gold pour Matt Whittaker GOLD rallied today as China moved to spur more investment in the metal at a time when investors are clamouring for it as a refuge.
Flare stacks fail to stack up for Voelte
White swallows Cascade coal assets
More Mining & Energy Coverage

Stocks to Watch: Stocks in focus Wednesday. MarketWatch:Special Financial Services

MarketWatch
SPECIAL FINANCIAL SERVICES
 
Stocks to Watch: Stocks in focus Wednesday
 
By MarketWatch


Among the companies whose shares are expected to see active trade in Wednesday’s session are Aeropostale, Collective Brands and Zumiez. 

CFTC Staff Roundtable to Discuss Disruptive Trading Practices



The staff from the Commodity Futures Trading Commission (CFTC) will hold a public roundtable to discuss issues related to disruptive trading practices.

Event Date - 12/02/2010

MarketWatch Personal Finance Daily : SEC charges Deloitte partner with insider trading

MarketWatch

Personal Finance Daily
NOVEMBER 30, 2010

Tuesday's Personal Finance stories

By MarketWatch



Don't miss these top stories:
Living alone apparently is correlated with a higher risk for heart disease and other health problems. Solo dwellers over a certain age have double the chance of having and dying from heart disease, for instance, as MarketWatch's Anya Martin notes in her story today,.

Why? Researchers say that people who live alone are likelier to engage in unhealthy habits, like smoking, and they tend to eat less healthy food and exercise less.

Read Anya's story for more — including ways for people who live alone to beat the statistics. Also, check out Ruth Mantell's Diary of a Recession Baby today for a look at a new database that will help parents, and any consumers, stay informed about — and avoid — products that are dangerous for kids.

Are you likelier to skip the fresh veggies when you're cooking for yourself? Are you likelier to exercise if someone you know is heading out for a walk, run or bike ride? I know I am, so it's probably good for my health that I live with others.

Andrea Coombes , Personal Finance editor

HEALTH

Living alone can be dangerous for your health

Living alone can mean more freedom to do what you want, when you want, but solo dwellers also are more prone to unhealthy habits that increase their risk of serious illness or mortality compared to those who live with others.
Read more: Living alone can be dangerous for your health.


You may be getting too much Vitamin D, calcium

Vitamin D and calcium are crucial for strong bones, but there's long been confusion about how much is the right daily amount for optimal health.
Read more: You may be getting too much Vitamin D, calcium.


Senate approves tougher food-safety laws

The Senate on Tuesday passed a bill giving regulators more power to inspect the U.S. food supply, order recalls and issue penalties.
Read more: Senate approves tougher food-safety laws.


HOLIDAY GIVING

Toys are getting safer — more or less

As the holidays approach, I know that our extended families' annual baby-worship rituals of gift-giving around Chanukah and Christmas will flood our home with toys, gadgets and gizmos. The question is, how safe are those products for our 15-month-old daughter?
Read more: Toys are getting safer — more or less.


Six great gifts for gun lovers

Hard times, political uncertainty and fear of new regulations is fueling an unprecedented boom in gun and ammunition sales. For some, firearms are just the right holiday gift.
Read more: Six great gifts for gun lovers.


Buy a bra for your lover and save our economy

OK, guys, how will you say "I love you" this Christmas? That $2 million diamond-crusted "Bombshell Bra" may be a budget-buster. But after you see it on "secret angel" Adriana Lima in Victoria's Secret Fashion Show Tuesday on CBS and your blood's running hot, you can still buy a rhinestone knock-off that'll deliver the right message to the love of your life.
Read more: Buy a bra for your lover and save our economy.


TAXES

Tax questions loom in Roth conversions

The 2011 tax year is fast approaching, and many taxpayers trying to do year-end planning are stymied because Congress hasn't yet provided answers on next year's income, investment and estate taxes.
Read more: Tax questions loom in Roth conversions.


What you need to know about home-improvement tax credits

As winter approaches, you may be looking for ways to cut your energy bills. The good news is that the U.S. offers tax credits for many energy-saving home improvements. The bad news: You have to act fast—some of those credits are expiring on Dec. 31.
Read more: What you need to know about home-improvement tax credits.


Obama, GOP search for tax compromise

President Barack Obama called his Tuesday meeting with top congressional Republicans a "good start" and tapped two top advisers to hash out a compromise over tax policy as all Americans faced the prospect of a tax hike on Jan. 1.
Read more: Obama, GOP search for tax compromise.

REAL ESTATE

U.S. home prices fall 0.7% in Sept.

U.S. home prices fell in September, and the annual rate of appreciation has slowed for the fourth consecutive month, according to closely followed data released Tuesday.
Read more: U.S. home prices fall 0.7% in Sept.


Commentary: Testing the limits of an economy without housing

The housing market may have dragged the U.S. economy into recession. But increasingly, the U.S. economy seems to be gathering strength even as the housing market, at best, continues to limp along.
Read more: Testing the limits of an economy without housing.


INVESTING

The shifting tides of bond fund flows

Is the Great Bond Bull Market finally coming to an end?
Read more: The shifting tides of bond fund flows.


Investing in fear is big business

Call it a bull market in fear. The popularity of the VIX index, which has become a widely watched barometer of investor fear since the financial crisis, is generating a host of spinoffs, copycats and derivatives.
Read more: Investing in fear is big business.

THE JOB MARKET

Congress dithers as unemployment benefits run out

A federal extension of unemployment-insurance benefits expires Tuesday, and a Congress split along party lines hasn't approved new funding for payments that help support the long-term unemployed.
Read more: Congress dithers as unemployment benefits run out.

ECONOMY & POLITICS

Consumer confidence highest since June

An index of U.S. consumer confidence rose to 54.1 in November, reaching the highest level since June, with consumers more optimistic about future business conditions and job prospects, the Conference Board reported Tuesday.
Read more: Consumer confidence highest since June.


Deficit panel's vote moved to Friday

A presidential commission charged with finding ways to cut the U.S. deficit will vote Friday on a package of proposals, delaying by two days what is certain to be a difficult decision for its 18 members.
Read more: Deficit panel's vote moved to Friday.

Experts stress urgency in addressing U.S. debt problem

Reducing the U.S. dependence on foreign oil, imposing carbon taxes, and working with other nations to attack the issue were some ways that experts on global international affairs on Tuesday suggested to address the growing U.S. debt.
Read more: Experts stress urgency in addressing U.S. debt problem.


Commentary: Trade partners: Make up your mind

Our trading partners don't like our trade deficits, but they sure do like selling us their goods.
Read more: Trade partners: Make up your mind.


ENTERTAINMENT & LEISURE

Comcast in dispute over Netflix downloads

Comcast Corp. is coming under scrutiny from regulators after it demanded higher fees to carry streaming Netflix videos over its cable network.
Read more: Comcast in dispute over Netflix downloads.


INSIDER TRADING

SEC charges Deloitte partner with insider trading

The Securities and Exchange Commission said Tuesday that it charged a partner at one of the largest accounting firms and his wife with insider trading.
Read more: SEC charges Deloitte partner with insider trading.

Wall Street Compensation Seen Dropping Broadly This Year . CNBC Evening Brief



LATEST STORIES


»click here to see the latest top stories from CNBC.com

Deficit Standoff: Special Coverage
CNBC 360 Street Signs
America's deficit challenge...A nation fearing higher taxes and budget cuts ahead. What is Washington's answer? Erin Burnett is there with key members of the deficit commission.
»Tomorrow 2:00PM ET


LATEST VIDEO

»click here to see the latest top video from CNBC.com

Stocks See Uneven Fall After Mixed Economic Data - U.S. Commentary . RTTNews Evening Market Wrap


Evening Market Wrap Tue Nov 30  2010

Commentary

Nov 30, 2010 Stocks See Uneven Fall After Mixed Economic Data - U.S. Commentary Stocks closed down by varied margins on Tuesday, with uneven trading seen on the heels of a batch of mixed economic reports. Data showing that home price growth slowed for a fourth consecutive month prompted some selling in the markets, while measures of consumer confidence and Chicago-area business activity surprised to the upside, easing the pullback. Full Article

Economic News

Nov 30, 2010 U.S. Home Prices Increase At Slower Annual Rate In September U.S. home prices saw a continued annual rate of growth in the month of September, according to a report released by Standard & Poor's on Tuesday, although the annual rate of growth slowed for the fourth consecutive month. The report showed that the S&P/Case-Shiller 20-City Composite Home Price Index rose at an annual rate of 0.6 percent in September compared to the 1.7 percent growth seen in August. Economists had expected the annual rate of price growth to slow to 1.0 percent. Full Article
Nov 30, 2010 Chicago-Area Business Activity Shows Faster Growth In November Chicago-area business activity saw its fourteenth consecutive month of expansion in the month of November, the Institute for Supply Management - Chicago revealed in a report on Tuesday, with the index of activity in the region showing an unexpected increase. The ISM - Chicago said its business barometer rose to 62.5 in November from 60.6 in October, with a reading above 50 indicating growth in the region. The increase came as a surprise to economists. Full Article
Nov 30, 2010 U.S. Consumer Confidence Improves More Than Expected In November With U.S. consumers becoming more optimistic about the short-term outlook, the Conference Board released a report on Tuesday showing that its consumer confidence index rose by much more than expected in the month of November to reach a five-month high. The report showed that the consumer confidence index jumped to 54.1 in November from a downwardly revised 49.9 in October. Economists had expected the index to rise to a reading of 52.0 from the 50.2 originally reported for the previous month. Full Article

General

Nov 30, 2010 Atlantic Hurricane Season Among Busiest On Record But U.S. Largely Spared The 2010 Atlantic hurricane season was one of the busiest on record, data shows, although the U.S. was generally spared by the storms. According to the National Oceanic and Atmospheric Administration, 19 named storms formed in the Atlantic Basin, tied with 1887 and 1995 for third highest on record. Of those, 12 became hurricanes and five of those reached the status of Category 3 or higher. Full Article

Political News

Nov 30, 2010 Study Finds Repeal Of DADT Presents Low Risk To Military EffectivenessA long-awaited report on the potential impact of repealing the military's ban on gays and lesbians serving openly in the U.S. armed forces determined that the repeal of the Clinton-era policy is not likely to have an adverse effect on military effectiveness. The working group that conducted the study determined that the risk of the repeal of the "Don’t Ask, Don’t Tell" policy to overall military effectiveness is low when coupled with the implementation of the group's recommendations. Full Article
Nov 30, 2010 Tea Party Group Calls For WikiLeaks Founder To Be Killed A prominent Tea Party group issued a statement Tuesday apparently calling for the execution of WikiLeaks founder Julian Assange for the recent release of confidential U.S. documents. Judson Phillips, founder of Tea Party Nation, claims that WikiLeaks has done incalculable damage to American security by releasing the documents, noting that some of the leaked documents identify people in Iraq and Afghanistan that have helped the U.S. Full Article
Nov 30, 2010 Americans See Deficit Reduction As Best Economic StrategyAmericans think reducing the deficit and repaying debt are the best ways for the country to deal with the economy, according to the results of a USA Today/Gallup poll released on Tuesday. The poll showed that 39 percent of respondents feel reducing the deficit and debt is the best way to go, compared to 31 percent that favor increasing taxes on the wealthy. Full Article
Nov 30, 2010 Senate Passes Food Safety Overhaul, Rejects Earmark BanThe Senate Tuesday passed a sweeping overhaul of the nation's food regulatory system aimed at preventing tainted food from going to market rather than reacting with recalls after the fact. The measure, which passed 73 to 25 with only Republicans voting against it, had been delayed for several months due to objections from some Senators over how much authority to give the Food and Drug Administration over small producers. Full Article

NYT: Afternoon Business News .- Europe Debt Fears Hit More Secure Countries.




BUSINESS:

Europe Debt Fears Hit More Secure Countries

By LANDON THOMAS Jr.
The concerns in the bond markets are further straining the decade-old monetary union.

E.U. Opens Google Antitrust Inquiry

By JAMES KANTER and ERIC PFANNER
The European regulator said it would examine claims the Internet giant has abused its dominance in online search.
DealBook

Google Said to Be Bidding on Groupon

By EVELYN M. RUSLI and CLAIRE CAIN MILLER
A deal for $5 billion to $6 billion could be struck as soon as this week and would be Google's largest acquisition.
Square Feet

A Solar Spree as Federal Grants Come to an End

By ALISON GREGOR
The end of a federal grant program on Dec. 31 has spurred a race by companies to build solar energy systems.
Media Decoder Blog

CBS Replacing 'Early Show' Anchors

By BRIAN STELTER and BILL CARTER
In a dramatic facelift, CBS News is replacing the entire weekday anchor team of "The Early Show" with their weekend counterparts.

Wall Street falls as debt woes plague | Financial & Forex Info News | Reuters Daily Investor Update





Wall Street falls as debt woes plague
Consumer and manufacturing data show improvement
Obama and Republicans agree to negotiate on taxes
Bernanke says lowering joblessness very important
Shoppers favored cash on Black Friday: survey
Retail gasoline demand up 2.3 percent: Mastercard
Restaurants eye holiday gains, wish Christmas was a weekday
GM hiring to push electric effort beyond Volt
Google nears deal to buy Groupon: reports
Airbus ready to upgrade A320, may announce Wednesday

Gold jumps on China's fund approval | Financial & Forex Info News | The Australian Business Briefing

 
 
 
 
 
 
St George plans aggressive strategy
St George Bank CEO Rob Chapman EXCLUSIVE Glenda Korporaal ST GEORGE'S new chief executive Rob Chapman has unveiled an aggressive strategy to expand in Queensland, Victoria and Western Australia.
 
S&P mulls credit downgrade on Portugal
Portugal John Kell CREDIT ratings agency Standard & Poor's says it is mulling a downgrade on Portugal's investment-grade ratings, citing economic pressures.
 
Wall St falls as European risks weigh
stock trader UPDATED Donna Kardos Yesalavich US stocks fell today as investors continued to worry about the European sovereign-debt crisis.
 
Gold jumps on China's fund approval
gold pour Matt Whittaker GOLD rallied today as China moved to spur more investment in the metal at a time when investors are clamouring for it as a refuge.
 
Bank costs have peaked: RBA
banks Scott Murdoch THE Reserve Bank has emphasised funding costs for major banks have peaked from the height of the global financial crisis.
 
Vodafone fights back in mobiles
mobile phones Mitchell Bingemann and Tracy Lee THE merged Vodafone Australia and Hutchinson is fighting back in the mobile market, but analysts are convinced it has ground to make up.
 
Packer negative on Crown bid for Tabcorp
Crown Casino Andrew Burrell JAMES Packer has talked down the prospect that his Crown casino empire will bid for Tabcorp's demerged casino business.
 
EU opens Google competition probe
Google Frances Robinson THE European Commission opened an antitrust investigation into allegations that Google abused its dominant position in online search.
 
Financial Markets
S&P mulls credit downgrade on Portugal
Portugal John Kell CREDIT ratings agency Standard & Poor's says it is mulling a downgrade on Portugal's investment-grade ratings, citing economic pressures.
 
Wall St falls as European risks weigh
Gold jumps on China's fund approval
 
Financial Markets Coverage
 
Mining & Energy
Gold jumps on China's fund approval
gold pour Matt Whittaker GOLD rallied today as China moved to spur more investment in the metal at a time when investors are clamouring for it as a refuge.
 
Flare stacks fail to stack up for Voelte
White swallows Cascade coal assets
 
More Mining & Energy Coverage