Economics and Investing:

Sunday, Apr 22, 2012

The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484

eBay Announces New Changes for Coins Listed in Auction. The two changes, in essence, that follow up on their earlier banning of "replica" coins: 1.) Starting May 30th, Sheldon Scale numbers (1 to MS70) can only be mentioned if the coins are PCGS or NGC graded and encapsulated ("slabbed."). 2.) Any coins valued at $2,500+ must be PCGS or NGC slabbed. (JWR's comment: Gee, do the coin grading firms make a slab big enough to hold a one kilo gold coin? And what about a 10 kilo silver coin? That weighs more than an M60 light machinegun.)

B.B. sent this: Food Stamp Rolls to Grow Through 2014, CBO Says

Items from The Economatrix:

Spain is Doomed; Why Austerity is Destroying Europe

Layoffs, Freezes, Retirements for US Public Sector

Gold/Platinum Ratio Suggests Much Higher Gold Prices are Coming Soon

There is Not Going to be a Solution to Our Economic Problems on the National Level

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