From GoldCore Swiss Parliament Examines ‘Gold Franc’ Currency Today Gold’s London AM fix this morning was USD 1,575.75, EUR 1,233.95, and GBP 998.76 per ounce. Yesterday’s AM fix this morning was USD 1,590.25, EUR 1,245.20, and GBP 1,005.34 per ounce. Silver is trading at $28.18/oz, €22.18/oz and £17.94/oz. Platinum is trading at $1,462.00/oz, palladium at $607.10/oz and...
read more

Hilsenrath: Fed Pondering Why Inflation and Deflation Threats Ebbed (WSJ) The Naivete: France to push for eurozone bonds (FT) The rebuke: Merkel Says She Won’t Shy From Clash With Hollande at EU Summit (Bloomberg) The Euro-love: Hollande’s euro arguments “nonsense”: Austria’s Fekter (Reuters) Obama Campaign Does Damage Control After Dems Question Anti-Bain Strategy...
read more

There was some hope that today’s European summit would provide some more clarity for something else than just the local caterer’s 2012 tax payment. It wont. Per Reuters: “Germany does not believe that jointly issued euro zone bonds offer a solution to the bloc’s debt crisis and will not change its stance despite calls from France and other countries to consider such a...
read more

A 29-YEAR-OLD woman has claimed she was sacked from her job in a lingerie warehouse – run by Orthodox Jewish men – because she was too attractive too work there. Lauren Odes from New Jersey, who had a clerical role in the warehouse for just two days in late April, said she was warned that she would need to tape down her breasts in order to make them appear smaller. On another...
read more

Apple is testing at least two new iPhone prototypes at its headquarters, both of which have a larger 3.95-inch screen, according to a report from 9To5Mac.com. The Apple-focused tech blog reports hearing from sources at Apple that the screen width of the two prototypes is 1.95 inches, the same as the iPhone 4S. However, the screen’s resolution is higher (640X1136). Apple is also reportedly...
read more

PHNOM PENH, Cambodia (AP) — Workers at a large Cambodian garment factory that makes clothes for Levi’s, Gap and other well-known international brands are striking for more pay and better working conditions. More than 5,000 workers from the Singaporean-owned SL Garment Processing (Cambodia) Ltd. failed to reach an agreement with their employers Tuesday to end an 11-day strike. Ath...
read more

  The catapults Juncker is loadingThe plan to save Greece is explodingIf the core takes a hitHe’ll start launching shitTo keep the EU from imploding The Limerick...
read more