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Economics and Investing:

Federal budget gap through June tops $1 trillion amid GOP resistance to more government spending. (Thanks to KAF for the link.)

Thanks to Brett G. for flagging this one: Fed Warns Economy May Take Five or Six Years to Recover [1]

Items from The Economatrix:

Obscure Weimar Collapse Book a Cult Hit [2]

Central Banks Start to Abandon the US Dollar [3]

Top for Silver $100 Per Ounce? [4]

Stocks Mixed After Disappointing Retail Sales Data [5]

Home Loan Applications Down 2.9% [6]

Retail Sales Drop 0.5% in June [7]

Oil Dips Below $77 as US Crude Supplies Rise [8]

Watchdog: Small Banks Struggling Despite Bailouts [9]

A Modern Day Gold Rush [10]

Silver’s Historical Correlations with Gold Suggests a Parabolic Top as High as $714 Per Ounce! [11]

China Stocks Tumble, Dragging Down Other Asian Markets [12]

Irrational Gold Selling [13] (The Mogambo Guru)