Social Networking Websites:How to Find Them

November 25th, 2011 by ball201155

Each day,in the United States,millions of Americans communicate with each other online.In addition to communicating with other Americans, many are communicating with those on the other side of the world. This communication is due,largely in part,to online social networking websites.If you are interested in joining the growing number of internet users who use social networking websites,you will have to find a network to join.Blackhawks NHL jerseys,When it comes to finding social networking websites,you have a number of different options.Perhaps,the easiest way to find a social networking website is by performing a standard internet search.You may want to search with the words social networking or social networking websites.Whichever search phrase you choose,there is a good chance that you will be presented with a long list of websites.

You can also find and familiarize yourself with social networking websites by talking to those that you know.The internet,as well as social networks,has rapidly increased in popularity. That popularity means that there is a good chance that one of your relatives,friends, coworkers,or neighbors has used a specific social networking website in the past.In fact,many may have even used more than one.If you know someone who has,you will want to ask them their recommendations.You will find that most social networking websites come highly rated, but there are some out there that may not even be worth your time.In addition to speaking to those that you actually know,you can also seek recommendations from those that you do not personally know.You can do this online.Online,you should be able to find a number of websites that discuss social networking sites.Many of these websites have reviewed a collection of social networking sites.In addition to reviews and other articles,you should also be able to speak with other internet users on online message boards.Like speaking to one of your friends,many internet users would be more than willing to let you know what social networking websites are worth the time and which ones are not.

Although it is nice to receive recommendations from those that you know or other internet users,you are advised to make your own decision. Whether or not a social networking website comes highly recommended, you are still encouraged to check it out first.A large number of social networking websites are free to use;therefore,Cheap jerseys,there are no risks associated with giving the site a try.Despite the fact that most online social networking sites are free to use,there are some that you must pay for.A large number of these websites offer free trials.Even if the trial period is only for a few days,you should easily be able to get a feel of the site environment and determine whether or not it is right for you.In your search for a social networking website,whether you perform your own internet search or rely on recommendations from others,you should be able to find a number of popular websites.Those websites may include,but should not be limited to,Yahoo!360,MySpace,Classmates, and Orkut.The good news about this is that if you are not satisfied with the social networking website you joined,you don’t have to worry;there are many more available for you to choose from.

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The Benefits of Signing Up With a Specialty Social Networking Website

November 25th, 2011 by ball201155

Have you ever wanted to join a social networking website before?A large number of internet users have,but not all decide to join one.If you are like many other internet users,you may be worried about the networks that can be found online.Many of these networks,including MySpace and Yahoo!360 have rapidly increased in popularity.This increase in popularity has led to a large number of members.In fact,some might say too many members.One of the many reasons why Yahoo!360 and MySpace have increased in popularity is due to the fact that they cover a wide variety of different topics,issues,and interests.MySpace and Yahoo! 360 do not focus on one particular group of individuals or one particular hobby.NHL hockey jerseys,Instead,they invite all internet users to join.While this may be good, it gives you a wide selection of online friends to choose from,it can also be considered bad.On many of these websites a competition has brewed.That competition has been to see who can get the most friends. This may result in you not really getting an online friend,when you are supposed to be.

If you are looking to join a social networking website that is more focused on creating friendships or partnerships between internet users that have the same interests,you will want to focus on social networking websites that have a particular focus.Many times,these websites are known as specialty social networking websites.Online,you should be able to find a number of these specialty social networking websites.Many have focuses on important issues,topics,and hobbies,such as pet owners,religion,travel,and much more.When it comes to many specialty social networking sites,many individuals want to know what sets them apart from the rest.Honestly, it is the community.As previously mentioned,specialty social networking sites tend to focus on a particular topic,issue,or hobby.This means that if you are a devoted Christian and you would like to speak to other Christians,you will want to join a Christian networking site and so on.The difference between specialty social networking sites and traditional ones is that you will automatically be paired with hundreds,if not thousands,of other internet users who share the same interests,views,or beliefs as you.

Another one of the many benefits to joining a specialty social networking website is that you are,in a way,safer than those who are members of other networks.Not all,Cheap jerseys,but a large number of specialty networking sites require activation before joining the site.Before activation can occur,many internet users are required to state their reasons for wanting to the join the network or they may be required to fill out a small questionnaire,often pertaining to the social network in question.In many cases,this will help to determine whether or not an internet user really has an interest in the topic focused on by the network in question.As previously mentioned,specialty social networking websites allow you to automatically be paired with a group of individuals who share the same beliefs,views,and interests as you do.This mean that you don’t have to spend hours researching a person or speaking to them,just to learn what they are or are not interested in.Essentially,this enables you to jump right in and start making friends,almost as soon as you are granted access to the site that you have chosen.

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Staying Safe with Social Networking Websites

November 25th, 2011 by ball201155

When it comes to internet safety,a large amount of focus has been placed on teenagers and the use of social networking websites.Although it is important for teenagers to be careful when using these popular websites,they are not the only ones who should be concerned with their safety.If you are an adult,who enjoys networking online,you should also be cautious when it comes to meeting and communicating with other internet users.Although social networking websites are a great place to meet other internet users,especially ones with interests that are similar to yours,they can also be dangerous.In recent years,there have been numerous reports of instances when individuals were harmed when they went to meet an individual that they met on an online social network, which includes dating websites.Cheap jerseys,If you are not careful and cautious,the same thing could happen to you.This does not mean that you should be filled with fear;however,it does mean that you need to be cautious online.

One of the many ways that you can protect yourself,when it comes to using online social networking websites,is by watching what you post online,particularly in your profile.You may not know this,but a large number of networking sites,including MySpace,FriendFinder,and Yahoo! 360 allow all internet users to see your profile or profile page.These internet users do not necessarily have to be a member of your online community.This means that although your networking community may be safe,there are still unsavory individuals out there who could easily obtain your personal information.In addition to the information that you make available to other internet users,including member profiles,you are advised to be cautious when making contact with other internet users,especially those that contact you.A large number of social networking websites have open memberships.Essentially,this means that anyone can easily join and become a member.Just because someone says they are who they are doesn’t necessarily mean that they are telling the truth.If at any point during your conversations you feel that you are speaking with someone who is making you feel comfortable or not telling the truth,you are advised to end your conversation.

For many individuals it is enough to chat with others online,but for some it is not enough.Whether you are asked to meet with an online friend or if you initiated the meeting yourself,you are advised to be cautious. You will not want to meet with an individual who you have only known online for a short period of time.For safety reasons,it is advised that you speak with one of your online friends at least a month before agreeing to meet with them.wholesale cheap NFL jerseys,If and when that meeting does take place,you are urged to have it in a public place.That way if your meeting does not go as well as you had originally planned,you will be able to ensure your safety by having others around you.The above mentioned precautionary measures are just a few of the many that you should take.Although you may be worried about hurting someone is feelings or losing an online friend,you shouldn’t be.Your safety is far too important to be concerned with what others will be thinking or feeling.

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Romney criticizes Obama’s push to cut defense spending

August 31st, 2011 by ball201155

Mitt Romney told the nation’s oldest major veterans organization Tuesday that the Obama administration’s push to cut defense spending is based on either a misguided belief that the world is becoming a safer place or a wrongheaded notion that the United States should “become a lesser power.”Wading into the thorny debt and budget, Onitsuka Tiger Canada the former Massachusetts governor suggested military spending should be protected — something that’s become contentious among the Republicans on the campaign trail and on Capitol Hill. A growing chorus of lawmakers have argued the nation can no longer afford to police the world and, if Washington is serious about cutting costs, defense spending must be on the chopping block.

Speaking at the 112th Veterans of Foreign Wars National Convention in San Antonio, Mr. Romney ripped the $400 billion in cuts to projected military spending that the president mentioned in an April speech dedicated to deficit reduction.He also took aim at the debt deal that House Republicans struck this summer with Senate Democrats and the White House — a package that could generate upward of $850 billion in additional cuts to projected defense spending over the next decade. The deal, however, has come under fire from some tea party leaders who say the proposed cuts don’t go deep enough and doubt they’ll materialize.

“This is the first time in my memory that massive defense cuts were proposed without any reference to the missions that would be foreclosed and the risks to which our country and its men and women in uniform would be exposed,” Mr. Romney said.“It flows from the conviction that if we are weak, tyrants will choose to be weak as well; that if we could just talk more, engage more, pass more U.N. resolutions, that peace will break out,” he added. “That may be what they think in that Harvard faculty lounge,Onitsuka Tiger Ultimate 81 but it’s not what they know on the battlefield.”

President Obama, meanwhile, spoke Tuesday at the American Legion’s 93rd National Convention in Minneapolis, where he vowed not to “balance the budget on the backs of our veterans,” saying that “as commander in chief, I won’t allow it.”Mr. Romney’s remarks came less than a day after Texas Gov. Rick Perry appeared at the VFW convention, where he ditched the off-the-cuff style that’s gotten him in some trouble on the campaign trail and delivered a speech in which he outlined a foreign policy vision that was thick on rhetoric but relatively light on substance.

He called on the United States to avoid “military adventurism.”“We should only risk shedding American blood and spending American treasure when our vital interests are threatened, and we should always look to build coalitions among the nations,” Mr. Perry said.The dueling appearances and contrasting style of speeches came as the GOP presidential field gears up for the post-Labor Day stretch run in the nomination process and after Mr. Romney watched Mr. Perry sprint ahead of him in national polls, knocking him out of his long-standing front-runner status.

“Romney is working overtime to cut into Perry’s lead among tea party conservatives, while Perry is working to show that he can deliver statesmanlike speeches,” said Ron bon Jean, a GOP political consultant.The Romney camp also announced Tuesday that “we’re pleased we were able to arrange our schedule” so the former governor can take part in a GOP presidential debate that Sen. Jim DeMint is hosting in South Carolina — making it the first time Mr. Romney and Mr. Perry will appear together since becoming rivals.Minnesota Rep. Michele Bachmann,Onitsuka Tiger Mexico 66 Deluxe Texas Rep. Ron Paul, former House Speaker Newt Gingrich and businessman Herman Cain also are slated to attend the American Principles Project’s “Palmetto Freedom Forum.”

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Rebel council gives ultimatum to Sirte, Gaddafi’s home town

August 31st, 2011 by ball201155

Libya’s rebel leadership said Tuesday that forces loyal to Moammar Gaddafi will face a crushing military assault if they fail to meet a Saturday deadline to surrender the pockets of the country that they still control.The opposition controls Tripoli, the capital, and much of the rest of the country, but the center of Libya remains firmly in the hands of Gaddafi loyalists, Five Fingers Shoes effectively dividing it between east and west.As rebels try to cement their hold and restore basic services such as water and fuel, Sirte, the longtime leader’s home town, is seen as the most important pro-Gaddafi holdout.

Forces loyal to Gaddafi have reportedly retreated from towns taken by rebel fighters and have sought refuge in Sirte, 278 miles east of Tripoli, along the Mediterranean coast, and in Sabha, to the southeast of the capital.“If we want to unify the whole country and if we want to declare that the war is over, we have to free Sirte,” Mustafa Sagazly, deputy interior minister of the opposition’s Transitional National Council, said in an interview Monday. “Otherwise, we’ll be in a continuous state of war.”

Opposition officials and tribal leaders who control Sirte and the surrounding areas have been negotiating for days, but there have been few signs of progress. A well-armed military brigade that is loyal to Gaddafi and hunkered down inside Sirte has rejected all talks with rebel leaders, Sagazly said, Five Fingers Speed forcing tribal chiefs to negotiate in secret.Mustafa Abdel Jalil, the head of the rebels’ council, said Tuesday that opposition leaders could no longer wait for the remaining pockets of Gaddafi supporters to compromise.

If the Sirte negotiations fail, rebel forces will attack the town Saturday, when celebrations marking the conclusion of the holy month of Ramadan end. The rebel military would then move south and southwest to other towns still in the hands of Gaddafi loyalists, including Bani Walid and Sabha, which are essential to restoring the supply of water and oil, commanders said.“We can act decisively to end this in a military manner,” Abdel Jalil said. “We do not wish to do so, but we cannot wait any longer.”

NATO has carried out bombing campaigns around Sirte over the past few days, and military leaders in Benghazi said rebel fighters are closing in on the town from the east and the west. They have faced fierce resistance from Sirte in the past and, over the past week, have been fired at with Grad rockets and some Scud missiles. Gaddafi forces are stationed in camps inside and outside the town, commanders said.

Gaddafi’s wife and three of his children — including daughter Aisha, who, according to Algeria’s Health Ministry, gave birth to a girl on Tuesday — fled to Algeria the day before, underscoring the quick erosion of Gaddafi’s control over Libya. The rebels’ interior minister, Ahmed al-Darrad, on Tuesday called Algeria’s decision to grant asylum to Gaddafi’s family an “enemy act,” the Associated Press reported.Rebel leaders said they believe Gaddafi’s son Khamis,Five Fingers flow commander of an elite military unit, and his intelligence chief, Abdullah al-Senussi, have been killed. But the mystery surrounding Gaddafi’s whereabouts gives no comfort to Libyans who have long feared his rule.

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Florida bracing for arrival of Tropical Storm Irene

August 22nd, 2011 by ball201155

Floridians should keep an eye on Tropical Storm Irene, which could strengthen into a hurricane and strike the state on Thursday, the National Hurricane Center said.The storm’s path is uncertain,Onitsuka Tiger Canada the center said in its forecast.
“The southeastern United States in general and Florida in particular should be paying attention to this storm,” said meteorologist Dennis Feltgen, spokesman for the National Hurricane Center. “Make sure you have your hurricane plan in place.”
Nearly all the Florida peninsula lies within the path predicted for the five-day forecast, the Florida Emergency Management agency said Sunday in its emergency update. Irene is expected to move into the Florida straits on Wednesday or Thursday and then move over southern Florida early Friday.”All Floridians should monitor the progress of Irene this week,” the advisory said.
Irene on Sunday lashed the northern Leeward Islands with squalls and heavy rain. The storm, with 50-mph winds, was moving quickly west of Guadaloupe and was strengthening. Forecasters said the storm could be a hurricane, Onitsuka tiger mexico 66 with winds 74 mph or greater, by today as it approaches Hispaniola, the island that is home to the Dominican Republic and Haiti.
Whether Irene will strengthen depends on how the storm reacts when it passes over the mountains in the Domincan Republic and Haiti. Such storms usually weaken when they pass over land, Feltgen said. Once Irene passes over Cuba and enters the Florida straits, it could strengthen again over the warm water, he said.”That’s some of the warmest water you’ll find anywhere in the tropics,” he said.A Hurricane Hunter aircraft flew into the storm’s center Sunday and found tropical storm characteristics, Feltgen said.”It’s looking better organized,” he said. “We do expect it to be a hurricane.”
Government officials in Puerto Rico and the U.S. Virgin Islands issued warnings. The islands could get as much as 10 inches of rain. Haiti and the Dominican Republic could get 20 inches of rain, which would produce mudslides and flash floods. More than 600,000 people in Haiti still live without shelter after last year’s earthquake.Meanwhile,Onitsuka Tiger Mexico 66 Deluxe Tropical Depression Harvey, which had weakened from a tropical storm to a depression with 35-mph winds, dumped heavy rain on Guatemala and eastern Mexico.

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Housekeeper’s Lawyer Says He Will Seek a Special Prosecutor

August 22nd, 2011 by ball201155

The lawyer for the woman who accused Dominique Strauss-Kahn of sexual assault said on Sunday that he would formally ask the judge overseeing the criminal case to disqualify the Manhattan district attorney’s office from the prosecution and appoint a special prosecutor.The lawyer, Kenneth P. Thompson, said he would take the extraordinary step on Monday because he believed that the office of Cyrus R. Vance Jr., the Manhattan district attorney,Five Fingers Shoes had mishandled the case and treated his client, Nafissatou Diallo, more like a defendant than a victim. Mr. Thompson said he believed that Mr. Vance’s office would dismiss the charges against Mr. Strauss-Kahn at the next court hearing on Tuesday.

“Ms. Diallo wants Dominique Strauss-Kahn to be held accountable to the fullest extent under the law, both in criminal and in civil court,” Mr. Thompson said on Sunday. “She should not have her right to go to trial in a criminal case taken away by the Manhattan district attorney’s office.”Mr. Thompson’s motion will almost certainly fail, legal experts said, because under the law his client has no authority to ask for Mr. Vance’s office to be replaced by a special prosecutor.

“It’s what we call an A.O.D.: an act of desperation,” said Stephen Gillers, a professor at New York University Law School. “She may benefit from a successful prosecution, but she has no legal interest in the prosecution.”Nonetheless, Mr. Thompson’s motion may set the stage for a mud-slinging contest with Mr. Vance’s office, as each side seemingly tries to expose failures on the other’s part.

Prosecutors were looking into whether Mr. Thompson had negotiated with Mr. Strauss-Kahn’s lawyers to end his client’s cooperation with the criminal investigation in exchange for money, according to a person familiar with the case.Mr. Thompson has strongly denied any such wrongdoing. In fact, in an Aug. 8 letter that he sent to prosecutors,Five Fingers bikila Mr. Thompson laid out more than a dozen actions taken by prosecutors that he claimed were improper. The letter was sent in response to the prosecutors’ request for information on discussions he had had with Mr. Strauss-Kahn’s lawyers.

The relationship between Mr. Vance’s office and Mr. Thompson and his client began deteriorating after prosecutors said they had uncovered repeated lies that Ms. Diallo told them about her personal life and background. Mr. Thompson said that Ms. Diallo, a Guinean immigrant, had told a consistent account that Mr. Strauss-Kahn tried to rape her and forced her to perform oral sex when she went to clean his suite in the Sofitel New York.

Although there does not appear to be a specific statute allowing an accuser to ask that a prosecutor be disqualified, Mr. Thompson said that case law provided for a defendant to seek disqualification if there was “actual prejudice” or an “abuse of confidence.” Although his client is not a defendant, Mr. Thompson said he believed that her situation was unique.“This is unprecedented, where a victim has been damaged by prosecutors,” Mr. Thompson said.

While some might view this move as grandstanding by Mr. Thompson or an attempt to get ahead in his client’s civil case, he said he felt compelled to do it because of the district attorney’s actions.Gerald L. Shargel,Five Fingers flow a veteran criminal defense lawyer, was more skeptical of Mr. Thompson’s motives.“I think what he’s trying to do is kick up as much dirt as possible to pressure the D.A. to make a decision that’s politically based,” Mr. Shargel said, “rather than based on the facts of the case.”

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New Testimony Puts News Corp. Under Fresh Fire Over Hacking

August 17th, 2011 by ball201155

One new claim comes in a 2007 letter written by Mr. Goodman—and submitted to the committee by onetime News Corp. law firm Harbottle & Lewis LLP. As part of a wrongful-dismissal appeal against News International, News Corp.’s U.K. newspaper division, Mr. Goodman said he shouldn’t be fired because other employees Onitsuka Tiger Canada at the tabloid engaged in or knew about similar practices.

“[O]ther members of the staff were carrying out the same illegal procedures,” Mr. Goodman said in his letter to Daniel Cloke, then head of human resources at News International. “This practice was widely discussed in the daily editorial conference, until explicit reference to it was banned by the Editor.”The editor at the time was Andy Coulson, who later stepped down and then became U.K. Prime Minister David Cameron’s top communications adviser before resigning from that post earlier this year.

Mr. Coulson and his lawyer didn’t immediately respond to requests for comment.Onitsuka tiger mexico 66 In his letter dated March 2, 2007, Mr. Goodman said that he was told by Mr. Coulson and News of the World lawyer Tom Crone that he could have his job back if he didn’t implicate anyone else at the tabloid upon pleading guilty to phone hacking in 2006.

“I did not, and I expect the paper to honor its promise to me,” Mr. Goodman said in the letter.Les Hinton, who was then the executive chairman of News International and later became chief executive of Dow Jones & Co., the publisher of The Wall Street Journal, was copied in on the letter. Mr. Hinton, onitsuka tiger mini cooper who resigned the latter post last month, has long contended he was unaware that wrongdoing at News of the World went beyond Mr. Goodman’s crimes.

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NATO cites ’significant advances’ in Libya

August 17th, 2011 by ball201155

Over the past few days, anti-Gadhafi forces have made “significant advances” — in the northwest and in the regions of Misrata and al-Brega — a spokesman for NATO’s military operation told reporters Tuesday.”Anti-Gadhafi forces are now assuming control of the key approaches to Tripoli,” said Col. Roland Lavoie,Five Fingers Shoes who described the advances as “the most significant anti-Gadhafi territorial gain we have seen in months.”Since the end of July, as the threat from pro-Gadhafi forces has diminished, thousands of people have returned to their homes in the western Nafusa mountains, he said.Since Friday, the northwest coastal city of Misrata has been free of pro-Gadhafi forces, he said. And the threat from nearby Zlitan has diminished as pro-Gadhafi forces are being pushed farther west, he added.Over the last week, NATO warplanes have damaged or destroyed some 150 military targets as part of Operation Unified Protector, Lavoie said.”Our assessment, without going into details, is that the Gadhafi regime does not have anymore an effective operational capability,” he said.Lavoie said that rebels had occupied Surman and Sabratha west of Tripoli, but added that the regions were “still contested.”However, Libyan state television reported that pro-Gadhafi forces and tribal fighters were “cleansing the city of Sabratha from the gangs of traitors” and had secured the coastal road, a key supply pipeline into Tripoli.Though the center of Zawiya was under rebel control, “there’s still reports of fighting also in the suburbs,” Lavoie said.Still, U.S. Secretary of State Hillary Clinton expressed optimism. “I think the sense is that Gadhafi’s days are numbered,” she told reporters in Washington.But a spokesman for the Gadhafi government offered a different view. “We are doing very well,” Ibrahim Musa told reporters. “It’s true that it’s a bit slow Five Fingers bikila — people are still saying that we’re not acting immediately and that we’re having problems in Surman and Sabratha and whatnot because of armed gangs. That’s true but, God willing, we are able to lead this battle successfully. We will achieve peace and victory.”He added, “We are fighting NATO — not the tens or hundreds of armed gang members. Our war is with the crusaders.”
If rebels gain control of Zawiya, that would be a major stride in putting a stranglehold on the Gadhafi-controlled seat of power.
“We will be very careful entering Tripoli, which we hope to do by the end of this month,” said Col. Ahmed Banni, military spokesman for the opposition National Transitional Council.Banni said there is intelligence that some Gadhafi forces are moving to Tripoli from other fronts — Terhouna in the southeast and Sirte farther east.He said those forces have taken off their uniforms to blend in with the population, a “dangerous” sign those troops are preparing for a “bloody war.”He said rebels in Tripoli recently were supplied with arms. But, he said, “We asked them to stay put until the zero hour.”Col. Jumma Ibrahim, a spokesman for the rebels’ western command, said Gadhafi forces controlled most of the eastern part of Five Fingers womens the city and were shelling rebels with Grad missiles and artillery.
“There are still skirmishes with the brigades in the city center, with snipers taking positions,” Col. Ibrahim said. “The fight is now urban warfare there at the moment. There have been a lot injured among our ranks but it is hard to give a number.”The rebels claim control of towns west of Zawiya to near Ras Jedeir. These include Surman and Subratha.

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Gold Tops $1,770 for First Time as Equity Rout Stokes Demand

August 9th, 2011 by ball201155

Gold futures exceeded $1,770 an ounce for the first time as the global rout in equities and commodities deepened on concern the economic slowdown will worsen after Standard & Poor’s cut the U.S. credit rating.Gold for December delivery in New York advanced as much as 3.6 percent to a record $1,774.80 an ounce and traded at $1,753.70 at 11:43 a.m. in Mumbai. Immediate-delivery gold rose as much as 3.1 percent to an all-time high of $1,772.38. Five Fingers Shoes Gold was costlier than platinum for the first time since 2008.

The precious metal has surged 23 percent this year, heading for an 11th year of gains, as the global sovereign-debt crisis and a faltering economy boost demand for wealth protection. Gold holdings had their biggest daily advance since May last year as of Aug. 8. John Paulson, who made $15 billion betting against subprime mortgages, is still the biggest investor in the largest exchange-traded fund backed by bullion.

“The market is now worried about another global recession,” Natalie Robertson, a commodity analyst at Australia & New Zealand Banking Group Ltd., said by phone from Melbourne. “The S&P downgrade of the U.S. credit rating has fueled a lot of those concerns and the market is also focusing on the European situation.”

Holdings in exchange-traded products backed by gold surged 1.4 percent to a record 2,216.8 tons on Aug. 8, data compiled by Bloomberg show, an 11th straight gain. Gold futures jumped $61.40, or 3.7 percent, yesterday to settle at $1,713.20 an ounce, the biggest gain since March 19, 2009.

Gold advanced to a premium over platinum for the first time since December 2008 as demand for a haven outweighed the appeal of platinum used mostly in catalytic converters for the car industry,
Five Fingers KSO at risk from a slowing global economy.Goldman Sachs Group Inc. raised its forecasts for gold futures to $1,730 in six months and $1,860 in a year based on expectations for real U.S. interest rates to stay lower for longer. The previous estimates were $1,635 and $1,730, the bank said in a report dated Aug. 7.

The S&P 500 lost 6.7 percent yesterday to 1,119.46 in New York as all 500 stocks fell for the first time since Bloomberg began tracking data in 1996. Yesterday’s rout wiped out about $2.5 trillion in global equity values, extending the total loss in market values since July 26 to $7.8 trillion, according to data compiled by Bloomberg.

Asian stocks tumbled today, with the MSCI Asia Pacific index sinking 1.6 percent, paring losses of as much as 5.5 percent. Oil fell as much as 6.9 percent in New York, dropping below $80 a barrel, to the lowest in more than 10 months.”The global financial crisis only happened a few years ago,” Robertson said. “I think everyone is very aware of that fact and there’re a lot of linkages with what’s happening now with what happened three years ago.”

S&P cut the long-term U.S. rating one level to AA+ from AAA on Aug. 5. Five Fingers sprint The agency described the outlook as “negative” and criticized the nation’s political system for failing to adequately address deficit reduction.The U.S. rating may be cut to AA within two years if spending reductions are lower than agreed to, interest rates rise or “new fiscal pressures” result in higher general government debt, New York-based S&P said Aug. 5.

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