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Gold has awakened from its metallic slumber and taken ten strong steps in anticipation that bankers who are trying to stimulate the world economy will soon abuse major currencies.

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Monday, 27 August 2012 |

A Letter to my Son

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Dear Andrew,

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Tampa has been given the all-clear signal for Isaac, the tropical storm expected to grow in strength to a hurricane over the Gulf of Mexico. But the problems for the GOP as they try to hold their signature unveiling of Mitt Romney to the nation may have just begun.

The tropical storm headed through the Gulf of Mexico today , up to the Gulf Coast,...

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The Congressional Budget Office has calculated that ending the Bush tax cuts for earners on income over the first $250,000 would save $950 billion over a ten-year period. $823 billion of those savings would come from the increased revenue, and another $127 billion from the foregone interest on the associated debt. The Center on Budget and Policy...

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HOUSTON, Aug 27 (Reuters) - Entergy Corp has implemented severe weather procedures at its Waterford nuclear station in St. Charles Parish, 30 miles west of New Orleans, as Tropical Storm Isaac moves toward the Gulf Coast, a spokesman said on Monday....
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Consolidation in solar continues as Germany's Q-Cells reaches an agreement to be acquired by Hanwha Group.

Insolvent German solar manufacturer Q-Cells said it has an agreement with Hanwha Group to buy the company, a sign of the rapid consolidation moving through the solar industry.



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This series is by Patrick Sahr, a Naked Capitalism reader and a former debt collector. Sahr is a graduate of Buffalo State College’s Print Journalism Program. This series is running because it’s important to understand the culture of debt collectors, who are increasingly a form of policing in our society.  One in seven Americans  is...

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It is a deal with the devil: governments churn out more and more cash for the promise of continued prosperity. But the day of reckoning is near, according to Doug Casey, chairman of Casey Research and an expert on crisis investing. As the epic battle between inflation and deflation continues, Casey discusses his predictions for the new world

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Credit Suisse

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We are in national political convention season, a strange time where fifteen thousand media, political insiders, and protesters descend on two different cities without any formal reason for doing so. Delegates aren’t going to choose anything of substance – the party platforms are irrelevant and the candidates are selected beforehand....

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