Economics and Investing:

Reader H.L. recommended this over at The Daily Crux: Top Manager Grantham: Get Ready for a Global Food Crisis

The other side of persistently high unemployment – Underemployment rate shoots up to 15 percent but is actually more problematic because of the civilian employment-population ratio.

G.G. flagged this: Cash-for-gold shops boom as Italians sell off their bling

Items from The Economatrix:

Get Used To The “New Norm” of 6-7% US Jobless Rate

Peter Schiff:  Priced For Collapse

IMF:  US Plunge From Fiscal Cliff Would Hit Global Economy Hard

Oil Surges Most in a Month as US Adds Jobs, Services