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Today's headlines: The Real Budget Picture As the debt debate heats up, Obama requests a grand bargain. Check out this startling graph comparing government spending & revenue from taxes. Why the New Google Nexus Smartphone Will Kill the iPhone 5 Google's Nexus 4G AT&T looks to crush the iPhone 5 when released this Thanksgiving. Panic in the Markets, What Should You Do? Far falls for markets this week. Experts warn, "Don't sell in haste!" -------------------------------------------Advertisement------------------------------------------- House of Saud: Burglarized They're the wealthiest family in the world, with a net worth as high as $1 trillion... But even they're not immune to theft. Find out how an ancient geological artifact has just located up to $267 billion worth of vanished Saudi oil. -----------------------------------------------------------------------------------------------------------Silver is Now Rarer than Gold $100 silver is now a conservative target. Today is a critical time for investors to own the white metal. Precious metals analyst Luke Burgess explains. Marc Faber: "If You Lose Only 50% in the Coming Crash, Count Yourself Lucky" Faber's thoughts on what could mend the U.S. debt debacle vs. what he thinks politicians will do. News Corp. to Buy Back $5 Billion of Stock As the News of the World phone hacking scandal spreads, News Corp. is planning to buy back $5 billion worth of their stock... Fan Catches Prized Baseball, Wins $14,000 Tax Bill Christian Lopez was the happiest guy in New York on Saturday. Come April 15, he may be the angriest. Joke of the day: Congress does some strange things. It puts a high tax on liquor and then raises the other taxes that drive people to drink. Regards, Jimmy Mengel |
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Tuesday, July 12, 2011
Faber: "If You Lose Only 50% in the Coming Crash, Count Yourself Lucky"
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