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Thursday, August 18, 2011

Casino Capitalism Centers failures makes gold stronger.

Published on Aug 18, 2011 by Euronews - The world financial markets have again been taking a beating due to renewed worries about recession and Europe's debt crisis. European bourses suffered their biggest daily fall in two and a half years - with the top 300 shares down five percent at the close. The sell off was on both sides of the Atlantic - with the Dow Jones Industrial Average down around four percent for most of the session - made worse by a decline in factory activity in the US Mid-Atlantic region and an increase in the number of Americans claiming new jobless benefits last week.