R.D.H. sent this: Gold Rises to Record on Demand for Haven From European Crisis [1].
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 [2]
G.G. liked this commentary by Robert Barone: Forget PIIGS, US Debt is Out of Control [3]
Brian B. sent this item by our friend Bill Bonner: US government is killing its own economy [4]
J.D.D. highlighted this: Long-Term Unemployed Now 46 Percent of Unemployed, Highest Percentage on Record [5]
Items from The Economatrix:
Increasingly Hawkish Fed Ponder Raising Rates [6]
Secretive Bilderberg Club Said to Decide Fate of Euro [7]
Greece to Sell Assets to Help Pay Down Deficit [8]
Spain, Italy Sink from Contagion [9]
Eurozone Jobless Rate Hits Record High [10]