joining us now, chief economist, and ira harris. martin, i need to start with you.'s focus on your expertise and that is gold. part of your continuing bullishness, did it have to do where what we saw yesterday? you certainly were rewarded with being long down in when it got back down into the high 1500s. did you think qe-3 would boost the price? >> yes, i did. and of course what happened yesterday was absolutely in line with our bullish gold story. i could probably characterize the gold market this year in terms of two dates. one february 29th when draghi said there would be no more ltro, and on the same day, the fed and ben bernanke implied that qe-3 was off the table. because we had a little bit better economic data. so the gold market really sold off since then and then the second date would be july 26th that came with draghi's speech which is we'll do whatever it takes. and since then, we've had comments both from draghi of course and from ben bernanke that were very supportive of more qe. and so we've had an upswing in the gold price since then. yesterday's thi

hear from speaker of the house nancy pelosi senate majority leader harry reid north carolina governor bev perdue maryland governor martin o'malley and first lady michelle obama but what can we expect to hear from them we'll be joined by senator ben cardin from maryland in just a moment let's go back to the convention floor. in a generation i had the chance to go to great colleges and a great loss and i didn't come from rich background but i was able to get scholarships and loans and those doors were open to me president obama cut the middle man out of the student loan system and he used to saving to invest in pell grants helping nearly four million additional stimulus programs have completely changed my life this is this is the promo that is being played the kind of. story of barack obama is being played right now live to the attendees at the convention at the on the convention. of the department of education doesn't he know that millions of dollars goes towards financial aid for college students. if we're serious about building an economy that lasts with the opportunity for solid middle class jobs we've got to get seri

martin omalasays that romney bets against americans. republicans say coded things. harrysaid, you know, rom no's never paid taxes. elizabeth warren, nobody got rich on their own. this is the lineup. and you add planned parenthood. kirsten, tucker? >> it is always a freak show. some of the union guys are found hang out. they are nice guys. but in general, it's the biggest collection of unhappy people assembled i have ever seen. it's like a massive support group for the tormented. >> they are happy to see you. >> that's a good point. >> sean: i'm being nice, she has to protect me next week up in charlotte. >> exactly. no. i mean, look, i think that -- you are surprised that there are liberals in the democratic party. that's shocking to you-- >>> radicals. >> well, paul ryan is one of the most conservative members of the republican party. and he's on the ticket. so i think that both parties showcase the people that are obviously very influential in their party, harry reid is the majority leader, nancy pelosi is the first woman house speaker in the history of the country. so

martin omalasays that romney bets against americans. republicans say coded things. harry reid said, you know, rom no's never paid taxes. elizabeth warren, nobody got rich on their own. this is the lineup. and you add planned parenthood. kirsten, tucker? >> it is always a freak show. some of the union guys are found hang out. they are nice guys. but in general, it's the biggest collection of unhappy people assembled i have ever seen. it's like a massive support group for the tormented. >> they are happy to see you. >> that's a good point. >> sean: i'm being nice, she has to protect me next week up in charlotte. >> exactly. no. i mean, look, i think that -- you are surprised that there are liberals in the democratic party. that's shocking to you-- >>> radicals. >> well, paul ryan is one of the most conservative members of the republican party. and he's on the ticket. so i think that both parties showcase the people that are obviously very influential in their party, harry reid is the majority leader, nancy pelosi is the first woman house speaker in the history of the countr

the starring role mayor martin o'malley is giving at the dnc. >>> a cloudy start could turn [ harry umlauteamy muller. [ sally umlaut ] it's greek-style yogurt. thick, scrumptious, and more protein than those regular yogurts. are those almonds i see in the corner thingy? caramelized almonds i think you'll find. well, who wants ordinary run-of-the-mill almonds when you could have the caramelized kind? if i was this girl, i'd caramelize my whole apartment. weird. this greek style yogurt has style. you can say that again. why thank you. this greek style yogurt has style. okay. stop saying it now. you're sending me mixed messages. [ male announcer ] muller. the european for yummy. anncr: it'll start out as mixedconcrete and steel... but it'll become so much more. a new world-class resort casino in prince george's county. two thousand construction jobs to build it. four thousand permanent, good-paying jobs when it's done. hundreds of millions for maryland schools... real oversight to make sure the money goes... where it's supposed to. but none of it will happen unless we vote for... question se

here to weigh and, scott martin, chief market strategist at united advisers. you mean nancy pelosi and harrytitive? this is ridiculous. >> you know, it's funny. tell us something we don't know already about washington, and maybe that will be a steady it. listen. i think the funniest thing about this report, let's look back in history. when was the united states last number one, 2008. what to begin after that, and absolutely maddening financial crisis and a total business slowdown. i'm not sure of being number one is the best thing out there. byu as is now seven not get either. gerri: countries that are ahead of the spirit of money to weigh in. switzerland, singapore, finland, sweden, the netherlands, and germany. come on. we have to do better than that. taught you think? >> better than a few of them. they're very interesting. with the cornucopia. you have such a land on one hand, very big tax savings that companies like to be in because of some of the benefits that they have, on the other hand sweden is a very non tax from the country. two countries kind of up there in the rankings that are

harris. i am a san francisco resident, also a native san franciscan. i have four children in the san francisco unified school district, at george washington carver elementary school, and martin luther king school. i'm the president of the ptsa at my child's elementary school and a member of coleman advocacy for children and youth. i am here today to talk about the achievement gap and how our african-american children are falling behind and how the gap is growing between african-american children as a group. this summer i took part in a leadership academy with coleman advocacy and learned that more than 65% of african-american children in the districts are not proficient in language, arts and math, while caucasian children looks nothing like ours. i also learned about the school to prison pipeline and the result achievement gap plays. our african-american children fall forced and get pushed into prison because the district has not taken the time to sit down with the little african-american boys and girls and really invest in them. more needs to be done before it is too late. it is important. our children's lives are at stake now more than ever. [speaker not understood] is on

chairman of the joint chiefs, martin dempsey not mincing word, calling the green and blue killing, saying the afghan government must take this much more seriously. connor. >> harris, so far the u.s. military has yet to find a solution tore this growing problem of insider attacks. yesterday, two british soldiers were shot and held in helmand province and today four u.s. soldiers were killed in southeastern afghanistan. according to u.s. commanders those u.s. soldiers were on the way to help a check point that was under attack. they were the shot at and four killed. the u.s. military finding out what, but many who left the scene, fled, believe they're in identifying, possibly with the taliban, but this growing insider threat, where afghans are turning their weapons on their u.s. and international mentors is a real problem because it's undermining the trust between the international community and afghans and with the strategy of training up the afghans and handing over security responsibilities to them, it really is undermined when u.s. soldiers and international troops are having to look over their shoulders during the training and mentoring process. and going forw

martin. zimmman is expected to use your stand-your-ground law to justify the shooting. >>> the afghanistan government has threatened to kidnap prince harry. that's according to "reuters." raiders say they were using all of their power to kidnap or kill prince harry. he arrived in afghanistan last week and will be flying attack helicopters for a four-month tower in that volatile helmand province. >>> we pressure -- tour in the vol la tall helmand province -- volatile helmand priv -- prove prove vince. province. >>> the reno air races are back but with changes to improve the safety for spectators. the changes are due to a crash hat last year's races that killed ten people and injured 70 more. organizers redesigned the course to increase the distance between racing planes and the grandstand by 150 feet making it a total of at least 1,000 feet apart. the races run this week from wednesday to sunday. >>> 7:19. the mars rover curiosity as you -- as you know successfully landed on mars. scientists are heaping the rover does not find water up there. >>> 7:20. a broken down muni bus, now there is an app for that. how the transportation agency is

martin dempsey says the afghan government needs to take the problems as seriously as do u.s. and nato commanders. >>> and we're learning new details about an earlier attack on an air base where prince harry15 taliban fighters wearing american uniforms blew a hole through the outer wall, stormed inside with automatic rifles, grenade launchers, and suicide vests. some have speculated that the prince was the target of attack. he has been sent to a safer location. >>> anti-american protests could escalate today now that a hezbollah leader has called for demonstrations in lebanon. in pakistan, hundreds of protesters broke through barricades near the u.s. consulate in karachi yesterday. one demonstrator was killed and dozens were hurt in battles with police. as for last week's deadly attack on the consulate in libya, the u.s. ambassador to the u.n. says there's no evidence it was premeditated. >> as that unfolded, it seems to have been hijacked, let us say, by some individual clusters of extremists who came with heavier weapons. it then evolved from there. >> of course, all of the attacks and protests have been spurred by that anti-islam american-made movie. >> 30 countries were protesting at

harry reid and jimmy carter. it o'clock hour we will see remarks by -- 8:00 hour we will see congress man. at 10:00, maryland gov. martin o'malley, a keynote speaker. the mayor of san antonio. finally, first lady michelle obama. this of course is not michelle obama as per speech of the national convention. she spoke about her husband four years ago at the democratic convention. her remarks run about 40 minutes. [applause] as you might imagine, for barack, running for president is nothing compared to that first game of basketball with my brother, craig. i can't tell you how much it means to have craig and my mom here tonight. like craig, i can feel my dad looking down on us, just as i've felt his presence in every grace-filled moment of my life. and at six-foot-six, i've often felt like craig was looking down on me, too, literally. but the truth is, both when we were kids and today, craig wasn't looking down on me, he was watching over me. and he has been there for me every step of the way since that clear day, february, 19 months ago, when, with little more than our faith in each other and a hunger for change, we joined