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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 [1] . (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 [2]. (Thanks to K.A.F. for the link.)

Morgan Tries to Quell Rumors About Its Holdings [3]

Tom Friedman: China’s Currency Manipulation Good & Bad for America [4]

S.G. sent this: Think Occupy Wall St. is a phase? You don’t get it [5]

Commentary from Randall W. Forsyth: The Bear Market Is Made in the U.S.A. [6]