Friday, September 23, 2011

Economy Update by Paul Buzby

Fannie Mae cited for failing to stop robo-signing

No Kidding. I hope they do more than citing.

Oil falls to $80 a barrel
End of summer oil spike.

Moody's downgrades 8 Greek banks
Greece could collapse in December.

A.M. Kitco Metals Roundup: Comex Gold Sharply Lower on Follow-Through Selling Pressure; Technical Damage Inflicted
Federal Reserve turning corner and starting to strengthen the dollar. Dollar up, gold down.

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