Economics and Investing:

Absurd Gold/Silver Price Ratio; Why $500/oz Silver Is Now A Certainty In The Future

I recommend watching this commentary on “the coming storm” for the economy: Afterburner with Bill Whittle: Facing the Arithmetic. While more of a pep talk than practical instruction, Whittle’s comments are spot on.

G.G. sent this: Six million households have only five days’ savings

One end result of derivatives counterparty risk: MBS fallout could hit Wells Fargo, JPMorgan. (Mortgage backed securities are derivative securities.)

Items from The Economatrix: