A chart published by The Financial Times says it all: America: Paydown problems [1]
You’re insane if you don’t own gold, investors told [2]
Muni Bonds Crashing For Third Straight Day, And This Is The Worst Yet [3]. (A hat tip to Yishai for the link.)
John R. sent this by Gonzalo Lira: Why Democracies Will Always Go Bankrupt [4]
The Latest Gold Fraud Bombshell: Canada’s Only Bullion Bank Gold Vault Is Practically Empty [5]. (Thanks to Michael H. for the link.)
Items from The Economatrix:
At Least 10 States Have Introduced Gold-As-Currency Bills [6]
Industrial Production Rises By Most in Five Months [7]
Holiday Spending “Record” Not As Good As It Looks [8]
Wholesale Food And Energy Prices Rise [9]
US Mint Reports Unprecedented Buying Spree Of Physical Silver [10]