Michael Pollaro writes in Forbes: US government’s fiscal plight, the numbers say it all [1]
J.B.G. sent this from The Telegraph: Gold price could rise to $1,700 an ounce [2]
More housing market doom: Distressed Properties Claim 40% of Existing-Home Sales [3]. (Thanks to SurvivalBlog’s Poet Laureate G.G. for the link.)
Loyal content contributor F.G. sent this: A Frightening Satellite Tour Of America’s Foreclosure Wastelands [4]
Doug C. recommended: Survivalist Ahead of Silver and Gold [5]
Items from The Economatrix:
Government Cash Handouts Now Top Tax Revenues [6]
Obama Warns Spending Cuts Could Trigger Second Recession [7]. “Laissez Les Bon Temps Roulez!“
US Home Foreclosures Soar to Level Never Seen Before in History [8]
Top World Bank Economist Warns US Starting to Look Like Russia [10]
Silver Surges Over $46.25 oz As Rumors Of A Short Squeeze And Cornering Market Gain Credence [11]. (JWR Adds: When I last checked, spot silver just jumped another $1.50 per ounce at the opening bell on the Globex, Sunday evening, to $47.61. The short squeeze is on! By the way, keep a close eye on the U.S. Dollar Index [12]. A break below 72 for several days could signal a Dollar Panic.