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50 things showing the demise of the US economy

Over the past several decades, some very alarming long-term economic trends have developed that are absolutely destroying the economy. Here are 50 hard facts and statistics that show the negative trends in several areas of the economy. If dramatic changes are not made soon, a complete and total economic collapse becomes a possibility
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Game Changer Still Alive

Global equity markets, commodities and currencies continue to move lower on the heels of concerns about Greece

Bertolucci's moment at Cannes

Cannes 2011: Italian Director, Bernardo Bertolucci was presented with the Palme d'Honneur, a lifetime achievement award.
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Gold Diversification Doubted As Commodity Slump Continues

Thursday's London Silver Fix set the white metal's price at $32.50 per ounce, nearly $7 lower than a day earlier and 33% below the 31-year high of $48.70 set on April 28. [Silver] is still in an uptrend, despite the sharp sell-off reckons Mary Ann Bartels, head of US technical and market analysis at Bank of America Merrill Lynch, who said yesterday silver could hit $50 per ounce by the end of the year.
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Bin Laden’s death to bring peace in Afghanistan: Minister

Afghan Foreign Minister Zalmay Rasoul, in his first visit to China since he took office in January, said in Beijing on Wednesday that the elimination of Osama bin Laden was ‘positive’ and will make Afghanistan's transition process easier.
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Price to Buy Gold Hits 1-Week High, Silver Regains 1/3rd of 30% Plunge

Gold rallied to one-week highs at $1526 per ounce in Wednesday morning trade - a gain of 4.3% from last Friday's low - before falling back as world stock markets also cut their rally. Silver has now regained a third of its losses since falling over 30% from a 31-year peak of $48.70 at the end of April.

Google distributes 5,000 units of Samsung Galaxy Tab 10.1 free

Google decided to ratchet up excitement around the Samsung Galaxy Tab 10.1, which runs its tablet specific OS Android 3.0, by giving it for free to 5,000 attendees at the Google I/O conference and incurring about $499 per piece or $2.5 million in total.

Which countries have the largest gold reserves?

Governments, or nowadays central banks, are traditionally the largest holders of gold. And for most of the past two decades, central banks have been net sellers of gold. But since 2010, central banks are net buyers again, because central banks of emerging market economies are aiming to diversify their ever growing currency reserves and reach a similar level in gold reserves as the club of old industrial economies.

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