Detailed text transcripts for TV channel - FOXNEWS - 20110808:17:01:00
Stock market which, as you point out, has been, indeed, tumultuous. the dow industrials are down 300 points, that puts it down about 14, 15% in many just the 11 last days. and we have the price of gold going literally through the roof. $1,720 per ounce as we speak be, that is up nearly $70 an ounce just today. and a third headline is what's happening in europe. there is a huge bailout in progress bailing out not just banks, this time whole countries. italy and spain. the bank, the central bank in europe there is literally printing money to buy the bonds of italy and spain, propping them up whe...
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