Economics and Investing:

Reader G.B. from Texas sent: Congress looks at doing away with the $1 bill [and new coin compositions]. Meanwhile, we read about more congressional action. New coin compositions are coming soon! The window of opportunity to stock up on real nickels will soon close. If you haven’t yet stocked up, then do so NOW!

Grain prices to surge in early 2013, then retreat

Items from The Economatrix:

Jim Willie:  Immutable Golden Laws, Central Bank Extremes, Gold Standard Recall

Consumer spending In US Grows Less Than Forecast

Sandy Slows Retail Spending, Factory Output, And Home Sales In Late October And Early November

Extending Long-Term Unemployment Benefits Would Create 300,000 Jobs