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Economics and Investing:

Les K. sent this: Federal Reserve opens credit line to Europe [1]

Breakfast with the FT: Nouriel Roubini [2]. (Thanks to Mike O. for the link.)

Kevin S. forwarded this: U.S. Debt Shock May Hit in 2018, Maybe as Soon as 2013: Moody’s [3].

Fed Restarts Currency Swaps as EU Debt Crisis Flares [4]. Read between the lines! Cui bono?

Stocks Mostly Hold Gains After European Bailout [5]

SEC: Regulators Yet to Determine Cause of Plunge [6]

Items from The Economatrix:

US Gold Coin Sales Surge as Investors Flee Risk [7]

Who’s on the Hook for the IMF’s Greek Bailout? [8]

Fears Intensify About Greek Crisis’ Impact on US [9]

Celente on the Greece Riots [10]

Taking Weighty Steps Making a Golden Getaway [11] (The Mogambo Guru)

US Gold Coin Sales Soar on Economic Anxiety [12]

Has Gold Become a New Reserve Currency? [13]

Broader U-6 Unemployment Rate Increases to 17.1% in April [14]