Economics and Investing:

100 million credit card accounts are gone since 2008 – Credit card balances decline by 22 percent since their 2008 peak.

R.C. sent this: Nevada man dies with $200 in bank, $7M in gold hidden inside home. I thought Nevada was the Silver State… But of course $7 million in silver would be too bulky.

R.B.S. pointed me to a fairly well-balanced British documentary: The Great Euro Crash – 2012. (If you jump 25 minutes forward, you’ll see described the sneaky role that derivatives played in this debacle.)

Items from The Economatrix:

America Is Facing A Lost Generation:  Jim Rogers

Breaking:  Historic Silver Panic In Progress, Says GATA Sources

Get Ready For An Epic Fiat Currency Avalanche

QE Infinity:  Fed Buying More Toxic Assets From Banks Will NOT Help Main Street