Best Classroom April Fools Prank Ever
Apr07
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Gold Futures Rally, Gaining 1% After Weak US Nonfarm Payroll Data Emerged
Apr07

Gold Futures Rally, Gaining 1% After Weak US Nonfarm Payroll Data Emerged

Following news that U.S. nonfarm payroll and employment growth was weaker than expected in March, gold futures jumped more than 1% on Friday. According to reports from the Labor Department, 192,000 jobs were created in March, 8,000 shy of the 200,000 the government body and other analysts had predicted. Gold, which has seen huge sell-offs over the last few months as the American job market continued to improve, saw futures spike by an estimated 1.47%, closing out Friday at $1,303.50 an ounce. Is Now the Time to Buy? With the latest stumble in the American jobs market, investors are beginning to wonder if they shouldn’t start buying up the precious metal again. Many are still kicking themselves for failing to buy gold under similar circumstances in the past, when similarly shaky growth numbers saw silver and gold values rapidly climb. If investors had bought silver in 2000, today they could sell off the metal for a 500% return. Similarly, gold purchased in 2003 would earn a 600% return on investment. While some argue that optimistic estimations of U.S. job growth for April will see gold futures return to their February free-fall, many other industry insiders are arguing that now is the time to buy. For Casey Research, the fact that China and other U.S. rivals have been stockpiling gold, not U.S. Treasuries, should be sign enough that the role of gold will not be vacated anytime soon. The value of buying, just as a matter of world economic power, continues to grow. Of course, for others, like Forbes, pricing estimations make for far more reliable reasons to buy than what China, Germany, and other world players are doing. Even with Friday’s bump, gold values remain approximately level with its average cost of product and below its average cost of production to proportionate supply. In other words, now is the time to buy low so you can sell high. Have rallied gold futures made you rethink your stance on investing in gold or other precious metals? Let us know in the comments...

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Latest Fort Hood shooting revives broader gun debate
Apr07

Latest Fort Hood shooting revives broader gun debate

The person who had killed 3 soldiers and injured 16 others at Fort Hood happened to purchase a gun from private gun shop without intimating to base commander. Gen. Ray Odierno the Army Chief of Staff said to Senate panel that “we had implemented security changes after 2009 massacre and the quick response of military police on the Wednesday’s incident is the evident proof”. On the other hand, John McHugh Secretary of Army said that “though we had already implemented security changes yet we accept that something went wrong and we would surely know what it was”. He further said that this issue is not confined to Fort Hood only. In 2013, a gunman had killed 13 soldiers of Navy in the capital and it was also an issue of serious nature. The Army Chief of Staff said that “the shooting could have been much worse if we had not trained our soldiers how to respond to live shooting situation”. Authorities said that Lopez had purchased .45 caliber handgun from a shop and violated military regulations by not registering the weapon to commander. On the other hand, Lynn Adams who is resident of the base said that “though authorities check each and everything yet there were many lapses in the security check”.  To counter this statement, the Director of FBI said that “they cannot check every pet, car, and person because 50,000 people are working there and it is supposed to be a big city”.  He further said that we are determined to eliminate this issue but it would not be completely eliminated. Lastly, Dan Corbin the Mayor of Killeen said to a private news Channel that “it is impossible to ensure 100% security in the base and you cannot judge that whether someone has gun at Fort Hood or not”.    ...

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First photos of Kurt Cobain’s body released 20 years later
Apr07

First photos of Kurt Cobain’s body released 20 years later

On the eve of 20th death anniversary of Nirvana’s lead singer, Seattle Police have released two body images of Kurt Cobain on Thursday. In his first image, it is shown that he is wearing hospital ID bracelet over left wrist and the other picture shows a box of shotgun shells slightly away from his clad foot. These are supposed to be never before seen pictures of the pop singer. The officials of SPD said that “they have developed a 35 minutes film which would be used for re-examining the investigation”. They further add that the rock Star had disheartened his fans by taking his own life though shotgun blast and his body was found after 3 days of his suicide. The Police said that what we saw from the blood symptoms that Cobain had used a heavy dose of heroin before taking his life and we had already released the pictures of his heroin kit. Besides, the suicidal note that we shared with media last time was found by the electrician named as “Smith” and it was he who had informed SPD about his death. Despite having enough suicide evidences, fans of Cobain still force police to reopen the investigation. The spokesman of SPD said in his press briefing that “we receive 1 request every week to reopen his case and most of the requests are coming through twitter”....

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