Some stunning charts: Quantitative addiction and the allure of low interest rates – US paid $454 billion in interest payments alone in 2011. Equity in real estate for households cut in half. [1]
Negative Real Interest Rates Continue To Drive The Gold Price [2]
Miles in Indiana sent this from Ahead of the Herd: Nickel Mining Like its 1864–Nickel Sulphide Project Pipeline Empty [3]
Billions in bearer bonds could be lost due to Hurricane Sandy [4]. (A hat tip to to Linda U. for the link.)
Items from The Economatrix:
Greenspan Warns Financial Markets Will Crash If US Can’t Solve Fiscal Cliff Problem [5]