Economics and Investing:


US Mint Bullion Sales: Silver Eagles Reach Record 6,422,000 [Troy Ounces]

U.S. “close to faltering,” Fed ready to act: Bernanke . (JWR Notes: Keep in mind that “Action” in Helicopter Ben’s lexicon means either borrowing other people’s money, or creating money out of thin air.)

IMF official retracts statement on bond purchases. (Thanks to K.A.F. for the link.)

Morgan Tries to Quell Rumors About Its Holdings

Tom Friedman: China’s Currency Manipulation Good & Bad for America

S.G. sent this: Think Occupy Wall St. is a phase? You don’t get it

Commentary from Randall W. Forsyth: The Bear Market Is Made in the U.S.A.