Global Economy Is In Worse Shape – Germany Going Into Depression In 6 Months – Credit Suisse Ups 3-Month Gold View to $1,775 – UBS Lifts 1-Month Gold Forecast To $1,850 – JPM And Goldman See $1,800 Gold By Year End – Gold to hit $1,900 by early 2013: Commerzbank: Youri Carma

Global economy is in worse shape: OECD economist

Economy ‘highly mediocre,’ top forecaster says

U.S.

Debt forecast: U.S. will look like Greece by 2021

Democrats avoid mention of deficits, soaring national debt

U.S. MANUFACTURING

ISM factory index contracts for third month

ISM factory index weakens to 49.6% in August

July construction spending down 0.9%

Caterpillar Inc. down 3.28%; stocks falling in U.S

BMW Group U.S. August sales fall 5.7%

Southwest’s August traffic flat from a year ago

Brady profit falls 61% on weak Asia sales

Smith & Wesson rises 22% after raising outlook

U.S. JOBS

Job growth slows sharply in August

U.S. TECH

Intel cuts third-quarter revenue outlook

U.S. videogame-industry sales fall by one-fifth

Videogame sales fall in August as consoles slump

Nvidia, AMD shares slip on downgrades

AMD falls as UBS cuts rating to neutral

EUROPE

Soros: Germany going into depression in 6 months

Euro-zone economy contracted in 3 months to June

Bank of France: 3rd-quarter GDP likely to shrink

EU banks face ringfence on trading assets

IMF backs ECB’s plan to buy bonds

IMF’s Lagarde backs ECB-bond buying plan

IMF keen to help in ECB bond-buying plan: Lagarde

Germany’s Merkel backs ECB bond program: WSJ

Draghi unveils ECB bond-buying plan

Bundesbank confirms Weidmann opposed bond buys

Germans rally around Weidmann’s hard line

ECB to launch ‘outright monetary transaction’ plan

EU Commission: Not ruling out ESM banking license

Moody’s warns on European Union debt rating

Spain’s Andalusia region seeks help from Madrid

Bank of Spain taps emergency bank liquidity

Swedish central bank makes surprise rate cut

Danske Bank sees further Ireland losses: report

UK construction PMI contracts In August

JAPAN

Japan cuts GDP, but current-account surplus widens

Nomura CEO plans to trim Europe operations: report

Japan financial services minister found dead

McDonald’s Japan Aug. same-store sales down 2.5%

CHINA

China CPI rises, industrial output slows

China services PMI slumps to one-year low

China trade surplus widens as imports contract

Goldman cuts China GDP forecast, cites weaker data

Goldman Sachs cautious on China commodity markets

The rise of inflation nations: Andy Xie

China bank loans strain steel sector

China bank risks on the rise, analysts warn

China may hike fuel prices as early as weekend

China adds highways to stimulus plan

China rolls out massive city-rail initiative

China bank earnings may have peaked, say UOB Kay Hian analysts

SOUTH KOREA

South Korea revises Q2 GDP lower

South Korea unveils $5.23 billion stimulus plan

BRAZIL

Santander cuts view on 2012 Brazil growth to 1.7%

Brazil to reduce exports forecast for this year

SILVER & GOLD

Silver steals the spotlight from gold

Gold ends above $1,700 on ECB bond-buy plan

Gold gets some powerful friends

Pimco’s Bill Gross: The cult of bonds also is dying

Credit Suisse ups 3-month gold view to $1,775/oz.

UBS lifts 1-month gold forecast 8.8% to $1,850-oz.

JPM and Goldman See $1,800/oz Gold By Year End

Gold to hit $1,900 by early 2013: Commerzbank

10 thoughts on “Global Economy Is In Worse Shape – Germany Going Into Depression In 6 Months – Credit Suisse Ups 3-Month Gold View to $1,775 – UBS Lifts 1-Month Gold Forecast To $1,850 – JPM And Goldman See $1,800 Gold By Year End – Gold to hit $1,900 by early 2013: Commerzbank: Youri Carma

  1. Mini US

    Agreed Markar

    It looks like ‘they’ are allowing Gold to run up before Sept 13th.
    “Everybody jump on”
    Beware the one sided trade expecting QE3 and gold to the moon scenario.
    Maybe it will happen, maybe there will be a smack down.
    It all seems a bit too simple.

  2. Winod

    Captain bernanke/draghi,it seems that we have hit an debt iceberg and the sea of debt is getting bigger.What shall we do? They say: INCREASE DEBT,we can never go under as we have the printingpress to save us all .S.O.S.

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