Tom. H. sent this bit of CNBC punditry: Silver: Poor Man’s Gold Turning to Fool’s Gold? [1] [JWR’s Comment: It is actually U.S. Dollar-denominated investments that are for fools. The Dollar is doomed. Silver and gold are merely a couple of the best hedges on that inevitability.]
Don’t Call Them ‘Extreme Couponers’: Meet the Coupon Enthusiasts [2]
Over at Seeking Alpha: A Run On Guns Is Making Investors Happy [3]
G.G. sent this: Obama’s Budget: ‘Interest Payments Will Exceed Defense Budget’ in 2019 [4]. [JWR’s Comment: Or much sooner, if interest rates jump.]
B.B. sent this: World food prices rise further, raising fears of unrest [5]
Items from The Economatrix:
Americans Brace For Next Foreclosure Wave [6]
Stocks: Worries About Europe Resurface [7]
Payroll Gain in US “Probably” Exceeded 200,000 for Fourth Month [8]