These are my links for July 14th through July 15th:
- Property Values – What You Get for … $89,000 – NYTimes.com – Move to Springfield Mass.
- China’s Foreign-Exchange Reserves Surge, Exceeding $2 Trillion – Bloomberg.com – “Hot money is flowing back,” said Sherman Chan, an economist with Moody’s Economy.com in Sydney. “China has the strongest prospects out of all major economies.” – A LOT OF IDLE MONEY LOOKING FOR A HOME. TREAD CAREFULLY.
- Property Values – What You Get for … $89,000 – NYTimes.com – Move to Springfield Mass.
- China’s Foreign-Exchange Reserves Surge, Exceeding $2 Trillion – Bloomberg.com – “Hot money is flowing back,” said Sherman Chan, an economist with Moody’s Economy.com in Sydney. “China has the strongest prospects out of all major economies.” – A LOT OF IDLE MONEY LOOKING FOR A HOME. TREAD CAREFULLY.
- Mobius Says Derivatives, Stimulus to Spark New Crisis (Update1) – Bloomberg.com – A “very bad” crisis may emerge within five to seven years as stimulus money adds to financial volatility, Mobius said. Governments have pledged about $2 trillion in stimulus spending.
- Germans flock to gold bars vending machine at Frankfurt airport – Online gold dealers — who offer a discreet armoured-car delivery for large purchases — are reporting boom times. The World Gold Council said that individual purchases started to rise dramatically in the last quarter of 2008 and have broken all records in the first quarter of this year.
