GGN- Economic News :: December 7, 2010 Part 1/2

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GGN- Economic News :: December 7, 2010 Part 1/2 Video Clips. Duration : 14.97 Mins.

We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Mortgage Rates Forecast . PLEASE SUBSCRIBE!!! (Reuters) - US government bond prices fell sharply on Tuesday amid worries over the fiscal outlook, while Wall Street stocks ended up only slightly as bond yields rose and an insider trading scandal worsened. - (Reuters) - US crude oil futures prices rose sharply on Tuesday, pushing above a barrel for the first time in 26 months as cold weather boosting fuel demand and the dollar's weakness kept oil lifted. - (Bloomberg) Gold futures jumped to a record 29.40 an ounce on concern the US will pump more cash into the economy and Europe's debt woes will spread, boosting the appeal of the metal as an alternative to currencies. - (Press TV) US Federal Reserve Chairman Ben Bernanke says America's high unemployment rate will not drop to what he calls 'normal levels' for years. - (Reuters) - US government inflation data is "a sham" and is causing the Federal Reserve to vastly understate price pressures in the economy, influential US investor Jim Rogers said on Tuesday. HEADLINES FBI spies on credit card purchases bit.ly US bond yields surge, stocks erase gains www.reuters.com NYMEX-Crude jumps above on cold snap, dollar www.reuters.com Oil Trades Below After Drop From 26-Month High on Europe Debt Concerns bit.ly Gold ends at record on Europe's woes, dollar fears bit.ly Gold Futures Jump to Record 29.40 on Demand for Currency Alternative bit.ly No end in sight to US economic crisis as 'scariest jobs chart ever' shows post-recession unemployment ...

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