By way of our friend Remus at The Woodpile Report [2], a link to an eye-opening piece on the velocity of money by Mark McHugh: Shhhh…It’s Even Worse Than The Great Depression [3]. (Warning: Includes some foul language.)
H.L. sent: More Bad News Imminent: August US Auto Production Set To Plunge By Most In 16 Months [4]
I’m sure that many of you noticed that gold and silver ended the week with bang [5].
Items from The Economatrix:
Debt Crisis: Italian Cash-For-Gold Shops Quadruple As Financial Crisis Deepens [6]
Eric Sprott: We are Staring at Chaos and Collapse in Front of Us [7]
We Will Be Destroyed By The Inflation That Paralyzes The Economy [8]