Posts Tagged ‘buying’

$7.7 Trillion and Counting

Monday, November 24, 2008 19:26 No Comments

The U.S. government is ready to provide $7.7 trillion of American taxpayer money after guaranteeing $306 billion of Citigroup Inc. debt yesterday. These pledges amount to HALF OF US GDP and almost four times the amount the Government receives in tax revenue per year.
The US dollar sold off on the news as gold spiked [...]

This was posted under category: $GOLD, $USD, Ben Bernanke, C, Citigroup, Federal Reserve, GLD, Inflation, Money, Symbol, UUP Tags: , , , , , , , , , , , , , , , , , , ,
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