G.G. suggested this piece by veteran economist Howard J. Ruff: Why Gold and Silver Seem Stuck [1]
Also from G.G.: Chorus of QE calls is deafening [2]. Stand by for price inflation, folks!
K.T. sent a link to an interview with Gerald Celente: Double Dip Depression Will Lead Us Into War [3]
Readers of my novel “Patriots” might find this familiar: Fed Looks to Spur Growth by Buying Government Debt [4]. ( A hat tip to Wade C. for the link.) This is a highly inflationary move!
And speaking of inflation: Wal-Mart Prices Are Rising: JP Morgan Study [5]. A 5.8% increase in one month!
Items from The Economatrix:
Productivity Falls 0.9% in Second Quarter [6]
Stocks Cut Losses on Fed’s Economic Stimulus Plan [7]
GOP Destroyed American Economy
Geithner’s Claptrap About “The Recovery” Exposed [8]
Gold Thefts Prompt Police to Monitor Sellers [9]
San Fran Fed: Significant Chance Of Recession Next Two Years
A Democratic Panic Attack? Rumors of an “August Surprise”