Federal budget gap through June tops $1 trillion amid GOP resistance to more government spending. (Thanks to KAF for the link.)
Thanks to Brett G. for flagging this one: Fed Warns Economy May Take Five or Six Years to Recover
Items from The Economatrix:
Obscure Weimar Collapse Book a Cult Hit
Central Banks Start to Abandon the US Dollar
Top for Silver $100 Per Ounce?
Stocks Mixed After Disappointing Retail Sales Data
Home Loan Applications Down 2.9%
Retail Sales Drop 0.5% in June
Oil Dips Below $77 as US Crude Supplies Rise
Watchdog: Small Banks Struggling Despite Bailouts
Silver’s Historical Correlations with Gold Suggests a Parabolic Top as High as $714 Per Ounce!
China Stocks Tumble, Dragging Down Other Asian Markets
Irrational Gold Selling (The Mogambo Guru)