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Gold, silver rise on worries about a US default
Gold and silver prices closed higher Friday as investors bought up hard assets ahead of a possible debt default by the U.S. government next week.Most other commodities fell. Prices for corn, oil, platinum and gasoline tumbled on worries that weak eco - Click for more...
Wall Street ends worst week in year on debt stalemate
NEW YORK (Reuters) - Stocks ended the worst week in a year as time runs out on Washington to reach agreement before the government loses its ability to borrow money.The S&P 500 fell every day this week and was down 3.9 percent for the week as leg - Click for more...
Republican bill passes, opening path to debt deal
WASHINGTON (Reuters) - The House of Representatives approved a Republican plan to cut the budget deficit on Friday that is doomed to defeat in the Senate but which could pave the way for a bipartisan compromise to avert a U.S. debt default.With time - Click for more...
2011-07-28 A Gold Standard That Makes Sense In Utah
Forbes -- Discussions about the U.S. going back to the “gold standard” are floating in the media and with politicians.  Gold is trading at historically high levels fueled in part by inflation fears and recent actions of the Federal R - Click for more...
Gov't: Health tab to hit $4.6 trillion in 2020
WASHINGTON (AP) — The nation's health care tab is on track to hit $4.6 trillion in 2020, accounting for about $1 of every $5 in the economy, government number crunchers estimate in a report released Thursday.How much is that? Including governme - Click for more...
Debt Ceiling Debate Bolsters Ron Paul and the Gold Standard (07/27/2011)
The dollar just ain't what it used to be.Literally: For most of the United States' existence, the value of dollar had been tied to gold. That ended in 1971, when President Richard Nixon decided that the dollar could no longer be converted, at a fixed - Click for more...
Greece suffers new credit downgrade
ATHENS, Greece (AP) — Standard and Poor's on Wednesday relegated Greek government bonds to the deeper end of junk status, cutting the debt-crippled country's credit rating by two notches to CC and saying a new downgrade is likely.The internatio - Click for more...