Economics and Investing:

War On Cash Intensifies: JPMorgan Chase To Prohibit The Storage Of Cash In Safety Deposit Boxes

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Massive Derivatives melt-down going on; Fed engaging in enormous RRP Reverse Repo op

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Items from Mr. Econocobas:

You Thought the Taper Tantrum Was Bad? Wait Till Fed Lifts Rates – I still believe the Fed won’t raise rates, but if it did things could fall out of bed quickly.

The Mystery Of China’s Gold Holdings Is Coming To An End

A Third of U.S. Citizens Have Less Than $1,000 for Retirement