Economics and Investing:

SurvivalBlog reader S.O.B. sent this: “Gary Gordon, president of Pacific Park Financial, an investment advisory firm, says he is “not buying anything at the moment until the world rights its ship.” But for investors who do want to trade on a bearish view of the global economy, he suggests the….” S.O.B. ‘s left this biting comment: “So guys in the know are holding on to their cash and not investing in intangibles like ETFs. But they are happy to advise their clients to buy stuff they wouldn’t touch with a ten foot pole, how nice.”

Some interesting observations at The Daily Bell: Fed Lies Unravel … [In 2008] Bank Board Gave US $4 Trillion in Loans to Its Own Institutions

Four recent articles from the excellent ETF Daily e-letter:

How Shorts on Gold ETFs are Nearing a Big Squeeze

Gerald Celente: This Thing [Financial System] is Coming Down

What is the Fiscal Cliff and What the Fiscal Cliff Means For You?
19 Reasons Why it is Time to Start Worrying About the Global Economy

Items from The Economatrix:

US Economy Downshifts to Lower Gear

Europe Imperils US Sales From Chemicals to PCs