Submitted by Charles Hugh-Smith of OfTwoMinds blog, We are fast approaching the moment when the value of the counterfeit trust, the counterfeit assets and the counterfeit promises are revealed as fakes.
AIG will sell its aircraft leasing business. Mario Monti will resign from his position as a Prime Minister. DJIA on green as HP and other tech giants showed improvement. Uncertainty in gold prices as taxes are expected to rise.
Gold producers, ignored as global stocks rebounded in the past two years and investors turned to exchange-traded funds that track bullion, face closing mines or shutting themselves down after the metal’s worst slump in three decades this week made 15% of miners unprofitable.