Economics and Investing:

In case you missed it, spot gold touched $1,620 per ounce yesterday, and silver got to $40.91. I’m glad that so many SurvivalBlog readers took my advice and bought silver back in 2005 when it was under $7.25 per ounce. For those that didn’t: There is still the chance to buy on the dip days, since the bull market is likely to continue for several more years.

The Mother of All Bailouts (MOAB) continues to grow: FHA May Be Next in Line for Bailout: Delisle and Papagianis

Dow-to-Gold and Greece-to-Gold

The American Thinker asks: Is Your IRA Going To Be Raided?

Moody’s Cuts Greek Debt

One third of homeowners believe they are underwater.

Items from The Economatrix:

City to Firefighter and Police Retirees:  Give Up 50% of Your Pension or Risk Losing it All

The Worst May Still Be Ahead For Housing

Gold And Silver:  We Were Right, They Were Wrong