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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Message: More Records Fall
Regardless of how much money is gifted to Wall Street, the odds of a Main Street greater depression are escalating.
Regards - VHF
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US Credit Card Delinquency Rate Continues to Rise to All-time High of 4.54%
January 22, 2010
Delinquent balances on U.S. credit cards reached record levels and defaults surged higher in November 2009, according to the latest Credit Card Index results from Fitch Ratings.
Chargeoffs are poised to trend even higher in the coming months as consumers struggle with debt burdens in the still challenging employment environment.
The 60-plus day delinquency rate reached an all-time high of 4.54% for the December 2009 index, which is based on performance data through the end of November. This surpassed the previous high set in June 2009. Chargeoffs crept up to 10.68% from 10.09% in the prior month but remained inside of the record high set in September 2009.
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Empty office spaces soar in downtown
The downtown Seattle office vacancy rate topped 20 percent during the fourth quarter, according to one brokerage.
By Eric Pryne
Seattle Times business reporter
January 19, 2010
Empty office space in downtown Seattle has climbed to levels not seen in decades.
The total vacancy rate hit 21.1 percent during the fourth quarter, according to statistics released Tuesday by brokerage Cushman & Wakefield. That's "a record vacancy for downtown Seattle," senior director Matt Christian said.
It hadn't topped 20 percent before in the 22 years the firm has been tracking the market.
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