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Economics and Investing:

[UPDATED] Silver investors: Here is one of those dips [1] that I mentioned! Silver at under $35 per ounce is a definite buying opportunity. $35 per ounce equates to around 25 times face value (wholesale), for pre-1965 “junk” silver coins. They were a whopping 37 times face just six days ago. Buy now!

C.D.V. send this: Underwater Mortgages a Threat to Recovery; Expect No More Than 3% Growth Until Housing Recovers [2]

Portugal becomes third euro country to get bailout. (Thanks to G.P. for the link.)

Also from G.P.: About 1 in 7 in U.S. Receive Food Stamps [3]

Former Comptroller David Walker: Restoring Fiscal Sanity in the United States: A Way Forward [4]

Items from The Economatrix

Why People Are Buying Silver Now [5]

Manufacturing Index Rises, Construction Spending Rebounds [6] Breathe in deeply and smell the landluft— the barnyard scent of hundreds of billions of magically-created stimulus dollars.

Gas Prices And Debt To Dominate Congress In May [7]

China To Purchase $1 Trillion In Gold; Price May Reach $2,000/oz This Year [8]

Businesses Ordered More Factory Goods In March [9]

The Slowing Global Economy [10]