John R. sent this: Currency Crisis! So What Happens if the Dollar and the Euro Both Collapse? [1] [JWR Notes: I predict that both will collapse, but that the Euro will tank first. This will mean a brief upswing in the value of the U.S. Dollar. As I’ve noted before, that brief interim will likely provide a window of opportunity to buy precious metals.]
Number of the Week: 492 Days From Default to Foreclosure [2]. (Thanks to John R. for the the link.)
Another from John R.: Starve the Beast: Just Bull, not Good Economics. [3]
World at a Boil with War and Economic Crisis [4] (An excerpt from Bob Chapman’s weekly International Forecaster.)
Randy F. sent this: The Great Copper Heist [5].
Items from The Economatrix:
The Stench of Growing Economic Decay Grows Stronger [6]
Spain Could Be Forced to Seek a Bailout Within Months, Says Barclays [7]
EU Rescue Costs Start to Threaten Germany Itself [8]
Spain, Portugal and Belgium to Follow Ireland into the Abyss [9]