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Headlines: Fed Vaults House $1 Billion and Counting in Coins The Fed wasted three hundred million on $1 coins sitting in vaults. And the Fed is minting more. Marc Faber Still Loves Gold and Silver, But... Mr. Faber says precious metals may fall as QE2 ends, and before the next round of Fed printing begins. A quote-filled interview. Bank of America Settles Paying $8.5 Billion Bank of America agrees to pay $8.5 billion to settle claims over soured mortgages. -------------------------------------------Advertisement------------------------------------------- After OPEC It's the biggest crude oil reserve... and it's so close, you can drive to it. Find out how 1.7 trillion barrels of previously untouchable crude is finally being taken from the ground — and the name of the company that pioneered this world-changing technology. -----------------------------------------------------------------------------------------------------------Debit-Card Transaction Fee $16 Billion Ruling Shakes Up the Financial Market Senate ruling on debit-card "swipe fees" goes in favor of merchants and retailers, but the banks are crying out for their $16 billion Finding Undervalued Gold Miners With Low Prod. Cost Think gold is pricey at $1,500 per ounce? We've found a better way... Forget Apple, Buy This Instead You may think Apple's the hot stock right now, but I see at least 74% upside for this stock. Quotable A line from the Faber interview Mike posted today. The case for gold, summed up: "Not to own any gold means you trust central bankers and that you don't want to do in your life." Isn't he a character? Regards, Adam Sharp |
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Wednesday, June 29, 2011
Marc Faber Still Loves Gold, But
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