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Economics and Investing:

In case you missed it, spot gold [1] touched $1,620 per ounce yesterday, and silver got to $40.91 [2]. I’m glad that so many SurvivalBlog readers took my advice [3] 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 [4]) continues to grow: FHA May Be Next in Line for Bailout: Delisle and Papagianis [5]

Dow-to-Gold and Greece-to-Gold [6]

The American Thinker asks: Is Your IRA Going To Be Raided? [7]

Moody’s Cuts Greek Debt [8]

One third of homeowners believe they are underwater [9].

Items from The Economatrix:

City to Firefighter and Police Retirees:  Give Up 50% of Your Pension or Risk Losing it All [10]

The Worst May Still Be Ahead For Housing [9]

Gold And Silver:  We Were Right, They Were Wrong [11]