G.G. flagged this: Silver outshines gold for investors. “Sales of silver American Eagle coins have reached just over four million ounces so far in 2009, almost double the rate of last year, when sales reached 19.6 million ounces for the full year.”
Pat M. forwarded this Reuters news video: Hard Times Push Brits to Bartering
Frequent contributor Bill N. recommended this commentary by Paul Craig Roberts: How the US Economy Was Lost.
Items from The Economatrix:
Watch Now as Pension Funds Get Vaporized
Ron Paul: This is an End of an Era…We Can’t Reinflate the Bubble
Weak Health Care Stocks Drag Market Lower
Economy Shrinks 6.2%, Worst in Quarter Century
Citigroup Reaches Aid Deal with Government
Moody’s Predicts Defaults Will Exceed Great Depression Peaks
GM Crisis Talks After $31B Loss
60,000 Jobs Face Axe at RBS and Lloyds
Future is “Bleak” Warns German Ex-Vice Chancellor “Modern capitalism is based on a global Ponzi scheme.”
Confidence Falls in Eurozone as Economy Fears Grow
Banks Vacate Towers Pushing NYC Empty Commercial Space
Treasuries Fall for Third Day on Spending Concerns
$1 Trillion in Taxes is H*ll To Pay
Arsonists Torch Porsches, BMWs on Economic Woes
Recession, Bailout, Stimulus: US Security Threats?
FDIC: Number of Troubled Banks Up 47%