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Economics and Investing:

Short sales and foreclosures made up 52 percent of all recent Southern California home sales [1]

Kurt T. suggested this over at Zero Hedge: Guest Post: Caution – Falling Currencies [2]

How many times do I have to mention that there is no proper substitute for taking physical delivery of your precious metals purchases? Here is the latest horror story: Secret Service Raids Upstate Business [3] Atlantic Bullion And Coin Inc. Accused In Alleged Ponzi Scheme [3]. (Thanks to A.L.H. for the link.)

Items from The Economatrix:

Gold “Vulnerable” As US Treasury Bond Market Sell-off Worsens [4]

Europe’s Economic Crisis:  Portugal, Ireland, Spain, Italy, and Belgium Following Greece [5]

Retail Sales Suggest Consumers Shrugging Off Gas Prices [6]

You Can’t Beat Silver As An Investment [7]