Gold Is Not A Safe Haven? Tell That To People In Indonesia [1]
U.S. on ‘unsustainable’ budget course: CBO [2]
Fed Says: No Taper [3]. [JWR’s Comment: At this point, tapering from the artificial liquidity of “QE To Infinity” would spike interest rates, send the bond market into a tailspin, cause a derivatives tremor (if not a full tsunami), and crash the real estate market. Ben Bernanke has firmly backed himself into a corner. Ben will wean himself of QE about as quickly as your local crackhead will wean himself from his addiction.]
Don’t say you weren’t warned: Mulligan Mint Files For [Chapter 11] Bankruptcy [4]
Items from The Economatrix:
Holiday-Shopping Season Forecast To Be Worst Since 2009 [5]
August Inflation Rises 0.1%, Less Than Expected Driven By Lower Utility Prices [6]