Eric Sprott talks precious metals on Squawk Box. Toward the end, he is asked about physical preparedness. Eric says: “Prudence is very much warranted.” (Thanks to SurvivalBlog’s G.G. for the link.)
Faber Warns “Everything Will Collapse”
G.G. sent this: USPS Prepares for Second Default in Two Months
Bram suggested some good monetary analysis by Charles Hugh Smith: Why QE Won’t Create Inflation Quite as Expected
Items from The Economatrix:
The Truth About The Fiscal Cliff
New Home Sales Dip, But Prices Hit 5-Year High