Economic Collapse, Gold up 13% to $1,836 -Portland, Oregon, Downtown

At close August 30, 2011 gold showed up two hundred and eight dollars, that’s a total of 12.78% for the month, as the federal reserve continues devaluing the dollar. Wall Street showed extreme volatility throughout the month. Stock indices are severely down for the month, the Dow Jones Industrial Average is down 4.80% a total of 583 points. Standard & Poor’s S&P 500 index lost 6.14% as of August 30th causing a 3.56% decline for 2011. The Nasdaq Composite seen a sharp decrees of 6.54% a total of 180 points.
Watch below as Aaron Baker shows you an on the ground report of Portland, Oregon’s downtown streets.

 

Links to Mainstream Media Stories and key info

 

PRECIOUS METALS: Gold Hits One-Week High On Fed Easing View

 

Divisions at Fed Resulted in Compromise on Interest Rates

 

Emerging-Market Stocks Gain as Economies in India, Poland Grow

 

Mexico Stocks Close Higher On Hopes For US Fed Stimulus

 

By Aaron Baker

Aaron Baker Aaron Baker is the Owner and Cheif Editor of No Sugar-Coated News.

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