Okay, so I told you so [1], folks. Gold and Silver have set new highs [2]. There will still be some very scary dips in this bull market. Be wise. Buy on the dips!
No comment necessary: State officials cancel access to welfare benefits on cruise ships and at all casinos [3]. (Thanks to N.I.M. for the link.)
Damon flagged this: ‘Delay and pray’ won’t work for commercial real estate [4]
Greg C. mentioned this: How the Housing Crisis Will End the U.S.A. as We Know It [5].
B.B. sent this: Consumer bankruptcy filings climb 11% [6]
Those mysterious derivatives: French trader must pay $6.7 billion for fraud [7]. (Yes, the “bets” that they mentioned were derivatives [8] trades.)
Currency Controls Rising Amid Korea Bank Audit, Brazil Taxes [9]. (A hat tip to Susan H. for the link.)
Items from The Economatrix:
Rumors Aside, Something Big Is About To Happen [10]
AP Analysis: Economic Stress Declined In August [11]
Service Sector Growth Accelerates In September [12]