Wealth Wire Archives
Economy ArchivesStocks Drop, Precious Metals Continue to Rise - 2011-07-25
U.S. debt talks are still proceeding without agreement despite the threat of an August 2 default, sending stock futures down and gold and silver up...
Why Food Stamps Are Here to Stay - 2011-07-22
Over 45 million Americans rely on food stamps today. Why it won't slow anytime soon...
Silver: "A Powder Keg Waiting to Explode" - 2011-07-22
Demand for physical silver has never been higher. As the price of gold continues to take off, silver is quietly waiting to explode...
A Budget Deal is Taking Shape -- Here's what Investors Need to Know - 2011-07-22
There's a lot of information floating around about the debt ceiling crisis. Here's what you actually need to know...
Anti-Government Anger Reaches 19-Year High - 2011-07-21
Dissatisfaction with the government has reached its highest point in decades...
"Avoiding Economic Armageddon" - 2011-07-21
Time is running out...Will the government find a "balanced" bipartisan plan of action to combat the debt crisis?
Like Gov't, Consumers Maxing out Credit Cards - 2011-07-21
With fuel and food costs seemingly rising every day, many consumers have no choice but to whip out the plastic to pay for the most basic expenses. Or do they simply refuse to cut back on spending?
Gov't Sells Chrysler Shares, Loses $1.3 Billion - 2011-07-21
The government cashed out its Chrysler shares and lost over a billion dollars of taxpayer money in the process. Yet somehow the Treasury is calling it a "major accomplishment"...
Federal Employees More Likely to Die Than Lose Their Jobs - 2011-07-21
Are federal employees really more likely to lose their lives than lose their jobs? Take a look to see for yourself...
CHART: Economic Growth Linked to Penis Size - 2011-07-20
Today's chart is an interesting (to say the least) look at the correlation between penis size and economic growth. You may be surprised at the conclusion...
Gold's Run "Almost Over": Why That's a Good Thing - 2011-07-20
As gold blows away price records, some experts are saying that it may almost be over. But that could be a blessing in disguise for gold investors.
Warren Buffett: Debt Ceiling Debates a Waste of Time - 2011-07-19
Warren Buffett feels that the debt ceiling debates are a complete waste of time.
Marc Faber on Deflation vs. Inflation - 2011-07-19
Faber, publisher of the Gloom Boom and Doom Report, discusses a wide range of issues in this hour-long audio interview.
Are We Going to See 70% Tax Rates? - 2011-07-18
Why the end of the Bush tax cuts could send marginal tax rates through the roof...
What if the U.S. Stopped Issuing Treasuries? - 2011-07-18
Is the debt ceiling a "purely artificial constraint"? Take a more in-depth look at the complexity and mechanics of accumulating government debt...
Bank of America Needs $50 Billion Capital for Housing Losses - 2011-07-18
Bank of America's slumping stock looks to continue to drop due to required capital-building of $50 billion and their timid quarterly earnings announcement for Tuesday.
Moody's to US: Kill the Debt Ceiling! - 2011-07-18
While the GOP and Dems continue to fight over the debt ceiling, Moody's says to get rid of it altogether.
Amazon to Offer Textbooks on Kindle; Stock May Jump with New Audience - 2011-07-18
Amazon offers textbook rentals for guaranteed 80% savings; college students swoon.
Republicans Have Taken Default "Off the Table" - 2011-07-18
With only five days remaining, Congress must find a deal for raising the $14.3 trillion debt ceiling...or else.
U.S. Homebuilders Nervously Proclaim "Confidence" - 2011-07-18
Builder confidence rose this month, but outlook is still bleak.
Euro Powerhouses Slipping as Stocks Fall, Euro Weakens - 2011-07-18
EU stress tests were conducted poorly, stocks fall, the Euro weakens, and the eurozone is now sliding under contagion from the debt crisis.
Gold Hits $1600 Milestone, Silver Back Over $40 - 2011-07-18
Gold has rallied for 11 consecutive trading sessions, climbing exponentially on deepening debt concerns and economic uncertainty in the U.S. & Europe.
8 EU Banks Fail Stress Test; 2.5 billion Euro Shortfall - 2011-07-15
The European Banking Authority completed their "stress tests" and resulted in eight banks flunking.
Peter Schiff: "Bernanke's Incompetence Will Destroy the Value of the Dollar" - 2011-07-15
The Fed claims money-printing helps the U.S. economy. Schiff says this proves -once again- that Benanke's a liar, a "buffoon" at best...
Eurozone Crisis Explained in F Sharp - 2011-07-15
Sometimes when just words don't get your the across, you must put some music with it.