Photos By Jeff Stokoe Red Deer Advocate staff •
Four homes were destroyed in a devastating fire in a Sylvan Lake neighborhood late Tuesday afternoon. The ambient heat enough to peel the siding on nearby homes. At least seven homes were also damaged and one vehicle was destroyed. There were no injuries reported.
Thursday, May 20, 2010
Mexico Protests Arizona Immigration Law
May 20, 2010 — OneAmerica Vice President Lorena Gonzalez on Arizonas immigration law.
Clash of the Koreas
May 20, 2010 — South Korea said Thursday that an international investigation has found overwhelming evidence that one of its warships was sunk by a torpedo made in North Korea and that the weapon was fired by a North Korean submarine. North Korea says that if the South attempts to retaliate, they will be in an all out war. What will this do for relations with the United States?
Webster Tarpley on why Germany banned naked credit default swaps on the Bonds of the Eurozone countries
Austerity regime in Greece
May 20, 2010 — Stocks plunged again Thursday as more investors woke up to the possibility that economic problems such as Europe's debt crisis might spread around the world and stop the growing recovery in the US. Webster Tarpley says that the International Monetary Fund come into Greece and say that with 18% unemployment Greece is going to have a deflation program where they will have an austerity regime.Picasso, Matisse Paintings Stolen From Paris Museum
Thief Swipes Masterpieces From Paris Museum
May 20 (Bloomberg) -- A thief stole five paintings including works by Pablo Picasso and Henri Matisse from the Musee dArt Moderne in Paris, French police said. The other works stolen were by Georges Braque, Fernand Leger and Amedeo Modigliani. The paintings are together worth about 100 million euros ($123 million), according to Christophe Girard, the Paris city official responsible for culture. Bloomberg's Betty Liu and David Tweed report. (Source: Bloomberg)
AssociatedPress — May 20, 2010 — A lone thief apparently made off with masterpieces from a Paris art museum, including works by Picasso and Matisse. Estimates put the value of the works at more than $100 million. (May 20)
Video of Thai Protest Aftermath
May 20, 2010 — Bangkok resembles war zone after government crackdown on Red Shirt protesters
Latest Footage of Gas Burn Off at BP Oil Spill Site
May 20, 2010 — A small portion of the giant oil spill in the Gulf of Mexico has reached a powerful current that could carry it as far as Florida and Cuba. Right now, BP is bringing a mixture of natural gas and oil up to a ship which is storing it and burning off the gas. The United States has already imposed a large no-fishing zone in waters affected by the spill.
Soviet officer saves world from Armageddon - Cold War unknown facts
May 20, 2010 — At the height of the Cold War, one man's decision may have saved the world from annihilation. Most historians point to the Cuban missile crisis of 1962 as being the closest the world came to all-out nuclear war. But the world may have come even closer to mutually assured destruction than that...
Huge tornado hits Oklahoma
May 20, 2010 — itnnews — May 20, 2010 — This thing is huge. Pictures have been released of a huge Tornado heading through the US state of Oklahoma.
Thai Battles Rage for Fifth Day - Raw Video
May 20, 2010 — The Thai government said on Monday it would accept a cease-fire offer from a Red Shirt protest leader on condition that their fighters returned to their camp in central Bangkok, as street battles that have killed 37 people raged for a fifth day
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MARC FABER NEWS
Moneycontrol.com | Dr. Doom? Marc Faber Sees Stock Buying Opportunity CNBC.com The dean of doom, Marc Faber, told CNBC on Tuesday that a variety of asset classes—including equities—may be worth buying for short-term gains. In the midst of market volatility on concerns over Federal Reserve tapering, he said, "Treasury bonds ... Marc Faber Marc Faber aka Dr. Doom: S&P 500 Index Could Fall 20% To 30% Easily Dr Doom warns stocks are oversold but S&P readies for another drop |
Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold The Market Oracle The Fed's 'tapering' comments have ramped up market volatilaty and Faber gives some advice for short and long-term strategies. For example: ""The best course of action is to actually not buy anything, but rather to reduce positions on a rebound," Faber ... |
Marc Faber: Bull in the short term, bear in the long term MarketWatch (blog) ... so perhaps it's best left to someone who has historically said “sell.” Marc Faber, author of the ”The Gloom, Boom & Doom Report,” and often called “Dr. Doom” because of his bearish sentiment, says there are buying opportunities — at least in the ... |
Business Insider | Marc Faber: Gold a possible canary in the deflation coalmine MarketWatch (blog) Here's what Marc Faber, editor of Gloom Boom Doom report told MarketWatch in an email. “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high ... MARC FABER: The Way Things Are Going, Bernanke Will Have To Give Us 96 ... "Incredibly Bad Sentiment" Makes Gold & Bonds a Buy Says Marc Faber, as All ... “Sentiment on Gold and Bonds Incredibly Negative” – Marc Faber Predicts ... |
Marc Faber Sees Further Downside CNBC.com China's factory output weakened to a 9-month low today, and financials saw a huge sell-off today, with the FM traders; and The Gloom, Boom and Doom Report's Marc Faber, shares his economic outlook. There's plenty of room for the stock market to decline ... Marc Faber: More S&P downside, commodities 'horrible'…except gold |
Marc Faber says 'thanks' to Bernanke MarketWatch (blog) [An earlier version of this blog mistakenly attributed the comments to Marc Faber's blog. The original comments were made in an interview with Barron's on June 1. The comments were picked up Tuesday in a tracking blog that aggregates Faber's public ... |
Dr. Doom Marc Faber: Don't Bet on New Market Highs CNBC.com Faber said large cap stocks like McDonald's, Coca-Cola, Procter & Gamble and Wal-Mart "have most likely peaked." However, he thinks there are still stocks that show strength that could continue to appreciate "because all the money flows into fewer and ... |
Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ... Business Insider "People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the ... |
Marc Faber notes liquidity squeeze depressing stocks but still buying gold Gold Seek Famously contrarian in his approach, Dr. Faber is usually out of step with Wall Street but has an excellent reputation for calling the major market turns. He does not say he is shorting equities, though he notes emerging market equities and currencies ... |
Cheerful Thoughts from Marc Faber BullionVault SWISS-BORN Marc Faber, who at age 24 earned his PhD. in economics magna cum laude from the University of Zurich, has lived in Hong Kong nearly 40 years. He worked in New York, Zurich and Hong Kong for White Weld & Co., an investment bank ... |