Global markets are overbought and due for either a correction or consolidation. We’re now in the seasonally bad time of the year and the best outcome here would be a mild correction.
Gold Seeker Closing Report: Gold and Silver End Mixed While Stocks Drop On Debt Selling Worries (GoldSeek.com)
Gold gained $11.85 to as high as $965.30 in London before it fell in early New York trade to see a loss of $ $6.25 at $947.20 by a little after 11AM EST, but it then rallied back higher in the last couple of hours of trade and ended with a loss of just 0.026%. Silver climbed to as high as $15.485 in London before it dropped to as low as $15.03 in late morning New York trade, but it also rallied …
Consolidation should go to the public: (The Chetek Alert)
So the Chetek/Weyerhaeuser consolidation task force feels that consolidation should go ahead without a referendum. They claim to have heard little opposition to the proposal.
Avoid Foreclosure and Scam Artists With New Online Resources (PR Newswire via Yahoo! Finance)
Profit Organization Provides Free Online Loan Modification and Debt Consolidation Assistance
Debt-managing agencies must register (Salem Statesman Journal)
The Legislature completed action Tuesday on a bill requiring debt-management agencies to register with the state Department of Consumer and Business Services.
EU Ministers Vow Debt Curb; Broach Bank Supervision (Insurance Journal)
European Union Finance ministers were set on Tuesday to renew commitments to post-recession debt reduction but without tying themselves for now to a starting date. The ministers from the 27 …
EU ministers vow debt curb, broach bank supervision (Reuters) (Yahoo!7 World News)
LUXEMBOURG (Reuters) – EU finance ministers were set on Tuesday to renew commitments to post-recession debt reduction but without tying themselves for now to a starting date.
Joint task force vote backs Weyerhaeuser, Chetek consolidation (Ladysmith News)
A 20-member joint task force overwhelmingly recommended Monday the consolidation of the Chetek and Weyerhaeuser Area school districts.
Penn Virginia Markets Debt as High-Yield Borrowing Costs Fall (Bloomberg)
June 5 (Bloomberg) — Penn Virginia Corp. , an explorer and producer of oil and natural gas, is offering $250 million of bonds as speculative-grade borrowing costs fall to the lowest in eight months.
School consolidation endorsed by task force (The Chetek Alert)
After more than two months of hearing studies, facts and figures, the Chetek/Weyerhaeuser consolidation task force-made up of 10 representative members from each community-voted 17-1 Monday (two members were absent) to recommend that both school boards pursue merging the two districts.
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