Gold May Reach $1600 This Year, Even Higher Next...

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Today's headlines: Gold Reaches All Time Highs Gold priced in euros hit a new record price last night. It's about to break out in dollar terms... and if it does, we are off to the races. Secretary Geithner Admits Recovery "Is Going To Take A Long Time" Treasury Secretary Tim Geithner speaks out about the economic recovery and how the government has been handling it. Read at your own risk. Is the Government Headed Into Default? An embarrassing, expensive situation without a simple solution. Why you should be worried... -------------------------------------------Advertisement------------------------------------------- The Beginning of the End We are on the brink of a global crisis like we've never seen before... I'm talking job losses into the millions, countrywide famines, and multiple nations declaring war on each other. And it's all because of a problem governments across the globe (including our own) have been covering up for years. Find out what you can do to protect yourself right here...  ----------------------------------------------------------------------------------------------------------- What are the Risks If No Debt Ceiling Deal is Reached? "Huge Interest Rates" If August 2nd comes and goes without a debt ceiling deal, David Walker believes things will take a much harder turn for the worst, including even higher inflation rates. Peter Lynch Would Love These 5 Stocks These five "stalwart stocks" are the kind Peter Lynch would hold when times were tough. "Gold May Reach $1600 this Year, Higher Next Year" Gold prices could keep climbing past $1600, according to world's second largest producer. Dollar Slump Subsides, Still "Fragile Situation" Fears of a collapsing currency cease. Top experts say dollar may weaken, but will recover by year's end. Others remain negative. Here's why... Quote of the day: Money can't buy friends, but you can get a better class of enemy. --Spike Milligan Regards, Jimmy Mengel Contributing Editor, Wealth Wire

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