R.D.H. sent this: Gold Rises to Record on Demand for Haven From European Crisis.
Reader David S. suggested this piece by mainstream economic journalist Scott Burns that was surprisingly frank about the possibility of an economic collapse: The Future… as a Large, Sullen Stranger
G.G. liked this commentary by Robert Barone: Forget PIIGS, US Debt is Out of Control
Brian B. sent this item by our friend Bill Bonner: US government is killing its own economy
J.D.D. highlighted this: Long-Term Unemployed Now 46 Percent of Unemployed, Highest Percentage on Record
Items from The Economatrix:
Increasingly Hawkish Fed Ponder Raising Rates
Secretive Bilderberg Club Said to Decide Fate of Euro
Greece to Sell Assets to Help Pay Down Deficit
Spain, Italy Sink from Contagion
Eurozone Jobless Rate Hits Record High