http://www.marketwatch.com/news/stor...%7D&siteid=rssPMI 4.17, +1.38, +49.5%) shares jumped 40% Thursday after it reached a deal to sell its Australian operations, as the mortgage insurer tries to steady itself amid slumping house prices and surging defaults on home loans in the U.S. See full story.
http://www.marketwatch.com/news/stor...%7D&siteid=rssSAN FRANCISCO (MarketWatch) -- Gold futures closed with a loss of $17 an ounce Thursday, surrendering the prior session's strong gain and then some, as traders continued to watch movements in the oil and currency markets in vain for an excuse to buy the precious metal.
http://www.marketwatch.com/News/Stor...-B6C3D16F4A38}NEW YORK (MarketWatch) -- U.S. stocks on Thursday snapped back after two days of losses, with the financial sector fronting the gains, as investors brushed aside negative economic data and focused on recent dips in commodities' prices.
http://globaleconomicanalysis.blogsp...l-economy.htmlImplications of the Slowing Global Economy
http://globaleconomicanalysis.blogsp...recession.htmlThe financial Times is reporting Eurozone edges closer to recession.
http://www.marketwatch.com/news/stor...%7D&siteid=rssSAN FRANCISCO (MarketWatch) -- Gold was supposed to be more resilient, both literally and figuratively, to the sell off in commodities -- yet prices for the precious metal have dropped more than $100 per ounce in the past two weeks.
http://implode-explode.com/viewnews/...ortdollar.htmlU.S. mint suspends gold coin sales; Market rigged to support dollar?
http://themessthatgreenspanmade.blog...us-metals.htmlAfter the price of precious metals has plunged over the last month, with another big leg down last night, and amid a veritable bull market in bear market calls for commodities, with one pundit after another heralding the merciful end to soaring commodity prices now that it has become clear there are worse paper currencies in the world than the U.S. dollar, reports of shortages of physical gold and silver are mounting.
Plunging prices and mounting shortages.
Does that make any sense?
http://themessthatgreenspanmade.blog...nyanville.htmlSome excellent gold commentary at Minyanville
http://www.minyanville.com/articles/index.php?a=18537Panic Selling in Gold: What's Next?
http://www.marketwatch.com/news/stor...%7D&siteid=rssSAN FRANCISCO (MarketWatch) -- Canadian stocks retreated for the second straight day Friday as crude-oil and gold futures closed lower, pulling down shares of energy and mining companies.
http://globaleconomicanalysis.blogsp...at-unwind.htmlGold, Silver and the Great Unwind
http://mrmortgage.ml-implode.com/200...ng-is-upon-us/They have been told to ‘de-lever and raise capital’ but it fell on deaf ears for over a year. Now, here comes the ‘asset’ sales all at once.



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The bank-stock short selling restrictions expired the other day, by the way.



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