A recent piece at the Dr. Housing Bubble blog: Shadow Inventory in 10 Prime Southern California Cities. How Pent up Inventory and Option ARMs are the new Front for the California Housing Market.
K.T. sent this from Dan Denninger: FDIC Deposit fund had negative $8.2B balance in Third Quarter
Jeff B. spotted this: More Evidence Gold is Being Hoarded as Comex Fulfills Gold Contracts with Paper
Items from The Economatrix:
Where Dubai Leads, Britain Could Soon Follow
Lloyds To Suffer Further Job Losses
Fears Of Credit Card Crisis As Bank Write-Offs Double
Peter Schiff: Bull Market in Gold or BS?
Warning on US Muni Market Threat