Wikinvest Wire

Friday morning links

Friday, August 15, 2008

TOP STORIES
News Alert: US Mint Suspends Sales Of Gold American Eagles - Apmex News
Goldman cuts gold view on dollar, overvaluation - Reuters
On America: Conspiracy theorists get pumped up - Guardian
Georgia -- A Blow to US Energy - Spiegel Online
The Next Shoes You Hear Drop May Be Very Loud Ones - The Cutting Edge

MARKETS
Fresh dollar surge knocks commodities lower - Reuters
Precious metals sell off across the board - Reuters
Oil falls below $114 on slowing economies - AP
Gold's resilient properties lie in question - MarketWatch
$65 oil is coming (maybe) - MSN Money

ECONOMY
Factory output up 0.4%, best gain in 10 months - MarketWatch
NY Fed manufacturing rises modestly in Aug - Reuters
Home heating crisis looms - CNN/Money
Back-to-School Discounts Are Deeper, More Creative - NY Times

HOUSING
Home Equity Frenzy Was a Bank Ad Come True - NY Times
Home Prices Fall in Q2 as Foreclosures Pressure Market - Housing Wire
The Remains of the $1 Detroit House - Zillow Blog
Mortgage Insurers' Losses Mount - Washington Post
S.F. homeowners want property values reduced - SF Gate

FED/TREASURY/BANKING
Sir Alan's Follies - Washington Post
Stern sees weak recovery, diminished inflation - MarketWatch

INTERNATIONAL
Eurozone teeters on brink of recession after output drops for the first time - Guardian
China's Factory, Property Spending Growth Quickens - Bloomberg
King opposes Treasury's liquidity plans - Times Online
Hong Kong's Economic Growth Is Slowest in Five Years - Bloomberg
Home repossessions up 24pc on last year - Telegraph

INTERESTING
Trump to buy McMahon's home, let him live there - AP
College kids scrimp this year - USA Today
Wall Street's Jobless Try Cupcakes, Cheap Haircuts, Maybe Omaha - Bloomberg

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