From frequent content contributor GG: Gold acquires new investment aura: The weight of gold coins sold by the US Mint far this year has exceeded the one million ounce mark, up 40% year-on-year [1]
Sticker Shock at Pump: Gas Prices Poised to Soar [2]
Jeff mentioned this over at Zero Hedge: Is The Fed Facing Margin Calls From European Banks? [3]
Knocking off two zeroes. (BTW, don’t gloat, the US Dollar may be next to have a 100-for-1 exchange): North Korea Revalues Currency to Curb Free Trade [4]. (A tip of the hat to SSK for the link.)
Trent spotted this: What Recovery? U.S. Consumers Getting “Dramatically Worse,” Howard Davidowitz Says [5]
Items from The Economatrix:
UAE Central Bank Guarantees Dubai Banks’ Debt to Head Off Crash [6]
Lenders Face Sanctions For Failed Loan Modifications [7]
Just Like Dubai, Our Recovery is Built on Sand [8]
Banks Must Pay for Market Failure [9]
Audit The Fed: Bernanke and the Bankers are Running Scared [10]
Is Britain on the Brink of Financial Armageddon? [11]
Dubai, Debt, and a Return to Reality [12]
John Galt: The Day The Dollar Died, Part 5 (A New Day Of Economic Justice For All) [13]