Economics and Investing:

From G.G.: 45% Of Americans Will Probably Run Out Of Money By Their 75th Birthday

Failed Illinois Governor Quinn: “Our Rendezvous With Reality Has Arrived”. (Kudos to B.B. for sending the link.)

Bryan E. sent this: Congress steering US economy toward a ‘fiscal cliff’

Economy’s Biggest Drag Right Now is Government

K.T. sent this: Missouri House Votes for Gold and Silver Tender

Graham Summers, by way of Zero Hedge: Spain is About to Enter a Full-Scale Collapse

Speaking of Spain, Peter S. sent this: S&P Lowers Spain’s Rating

Items from The Economatrix:

Sinclair – Shorts Now Trapped & Gold Could Gap Up To $3,000

US Dollar vs. Gold:  Epic Money Battle

So Long, US Dollar

Duration Risk:  How The Fed is Creating the Next Financial Crisis