Worries Over Inflation Send U.S. Market Down

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Texas oil billionaire H. Boone Pickens, chairman of BP Capital Management, said he has delayed his plan to make the world's largest wind farm blaming financing problems and transmission line limitations.

In the overleveraged gold-dollar environment, many countries started feel frustrated with the artificial peg. Germany was the first to escape from the artificial peg. Three months later, the dollar went off of the gold standard and other countries quickly eliminated the peg.

At the 4:45 mark he discusses the monetary base. This is usually a measure on the amount of us Dollars in circulation. It is an alarming chart in i have flooded the market with dollars in solutions year. Certainly this was in reaction to your financial crisis, and therefore we do those things. However, I cannot believe there is definitely not consequences later. Also says that this money is being hoarded by mortgage lenders.

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It was clear to anyone that, at least on paper, our gold reserves were overleveraged by almost 4 to one specific. Plus, there was no end in sight no way to reverse the momentum that had already began. As a nation, we didn't know how to react against such an overbearing require for the our digital currency.

Red Bank, N.J.-based home builder Hovnanian Enterprises(HOV_) reported a much wider loss for its fiscal second quarter v. last year as gross margins deteriorated and contract backlog invalidated.

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