IBT Staff Reporter

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Continous money printing will drive gold ever higher: An Interview with Mr. Rose, CEO of Capital Gold Group

With our debt coming to maturity in the next ten years, which we cannot afford to pay, printing money seems to be our only option, which we feel is going to spur inflation, if not hyperinflation. We also feel if we adjusted gold for the inflationary highs of the 80's, gold bullion should already be at $2,200 an ounce, so we feel very strongly about a further drive up in gold over the next five years.

China denies blocking rare earth shipments to US, Europe

China's Commerce Ministry denied the New York Times report stating the government has extended block on shipments of rare earth to include the United States and Europe, other than Japan, a Bloomberg report said, citing a faxed response from the Ministry.

U.S. Justice Dept. probing foreclosure processes

The U.S. Justice Department said on Wednesday it was probing reports the nation's top mortgage lenders improperly evicted struggling borrowers from their homes as part of the devastating wave of foreclosures unleashed by the financial crisis.

Nobel-winning work is matchmaker for molecules

The three winners of this year's Nobel Prize for Chemistry all developed new ways to make carbon atoms stick to one another -- a mundane-sounding process that in fact underlies the very basis of life.

FDA to push for more investment in science

Health regulators plan to spend millions of dollars to step up their scientific prowess in a move that officials say will help quickly get new treatments to patients and protect the public against possible health threats.

Poor healthcare may shorten American lives: study

Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame, researchers reported on Thursday.

Private sector job cuts raise Fed easing chance

U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.

Private sector sheds 39,000 jobs in Sept

Private employers unexpectedly cut 39,000 jobs in September after adding an upwardly revised 10,000 jobs in August, a report by a payrolls processor showed on Wednesday.

Prices gain on unexpected private jobs decline

U.S. Treasury debt prices climbed on Wednesday, pushing benchmark note yields to the lowest since January 2009, after ADP Employer Services said private payrolls unexpectedly contracted in September.

Lawmakers seek foreclosure investigations

California Democrats in the House of Representatives are calling for federal investigations into whether financial institutions broke any laws in their handling of foreclosures in the midst of the housing crisis.

Study shows limits of Child Protective Services

The Child Protective Services system in the United States has outlived its usefulness, and should be scrapped in favor of other approaches to protecting at-risk kids, according to a leading expert on injury prevention.

Neuroticism expensive for society: study

Neurotic people aren't only making themselves miserable; they cost society billions of dollars in health care spending and lost productivity, according to new research from the Netherlands.

One in 4 students, young adults binge drink: CDC

One in four high school students and adults ages 18 to 34 engaged in binge drinking in the past month, putting themselves and those around them at risk, U.S. government researchers said on Tuesday.

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