The global markets are in such flux that the spot price of gold has risen above the spot price of platinum. These are indeed unusual times!
A headline that we saw coming: Fed forced to consider fresh stimulus. (Only in the mind of Ben Bernanke is “more spending” the solution to a crisis created by overspending .)
Steve K. suggested a video that is well worth watching: Jim Sinclair interviewed by James Turk. (Jim Sinclair is usually quite terse in his writings, so it is great to hear him speak at greater length.)
Can you spell “Plunge Protection Team”? Stocks End Sharply Higher, Dow Surges 400
10 Reasons Why Gold is the Gut Reaction and Why Silver is the Smart Decision
S&P Downgrades Fannie and Freddie Credit Ratings, Other Agencies Tied to U.S. Dollar
John T. liked this piece by Greg Hunter: Brace for Impact
Also from John, a piece by Andrew Schiff: The Center of Gravity Shifts Slowly
G&K recommended some commentary by Jonathan Sherman at the Forbes site: U.S. Dollar Is The Next Financial Shoe To Drop
Items from The Economatrix:
America “Makes The Cut” — What Happens Next?