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Wednesday, July 18, 2007

News of Interest for July 18th...

US Preparing Domestic Clampdown? Thanks to Stevequayle.com

Gold rallies on Bernanke's subprime concern Wrong. Gold rallied on Bernanke's inflation concern. As I stated twenty four hours ago, the Fed telegraphed what I just predicted yesterday- they will convey their inflation concerns which will justify future rate increases- but they will not be able to raise rates fast or severely enough to combat runaway inflation.

Difficult conditions worsened in the second quarter

Ron Paul emerges as GOP's unlikely rock star candidate ROCK on!

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