Economics and Investing:

Regular contributor GG flagged this piece from Zero Hedge: Fannie Mae Seriously Delinquent Rate Hockeysticks to 4.45% From 1.57% In Prior Year

M.M. in Utah suggested this piece by Eric Sprott and David Franklin in Markets at a Glance: Dead Government Walking

Karen H. sent this: Profit ‘Not Satanic,” Barclays Says

Also from Karen H.: ADP says U.S. Companies Cut an Estimated 203,000 Jobs in October

Items from The Economatrix:

Gold Extends Record High on India Purchase

US Service Industry Expands Less than Forecast

Rogers Says Roubini is Wrong

US Home Price Slide to Continue to Mid-2010
[JWR’s Comment: Gee, what optimists! I think “Mid-2020” would be a more accurate prediction.]

Silver Set to Soar as it Did in the 1970s

The Government Will Default on its Debts

Geithner Signals Gold Going Much Higher

Months of Gains Ahead for Commodities