HPD recommended these observations from Mish Shedlock: Virginia Borrows $1.26 Billion to Pay Unemployment Benefits; Detroit Loses $400 Million on $800 Million of Bonds; Detroit’s Easy Solution [1]
I’m sure that you’ve noticed the surge in spot silver [2] and gold [3] prices. The last time I checked, spot silver was at $19.26, per ounce, and gold was at $1,212 per ounce! There will likely soon be some profit taking, so be ready to buy on those dips!
Chad S. sent these other links:
Four Reasons Hyperinflation Hasn¹t Hit the U.S. Economy Yet [4]
What’s Worse? Hyperinflation or Deep Recession? [5]
National Inflation Association’s 10 Most Interesting New Answers [6]
Bob Chapman’s analysis: Potential For Fed To Hyperinflate [7]
Items from The Economatrix:
More Consumers Late on Auto Loan Repayments in Third Quarter [8]
Morgan Stanley Fears UK Sovereign Debt Crisis In 2010 [9]
Gold $1,200; Gold And Silver Up 13% and 14% In November [10]
Food Stamp Usage Across The Country [11]
Fed Moves To Drain Some Money Out Of The Economy [12]
Unemployment Rises In Almost Half Of Metro Areas [13]
Fed Survey Finds Recovery Gaining Momentum. [14]. [JWR Adds: We really should have a “Humor” department to file these news items.]
Stocks, Commodities Rise On Dubai, China; Dollar Weakens [15]
The New Iceland? Greece Fights To Rein In Debt [16]
Gold Breaks $1,200 [17]