India’s coin shortage worsens. Gresham’s Law is showing its hidden hand. (Thanks to Diana for the link.)
Peter Schiff – Whatever the Fed Does, Gold Will Rally! US Economy Already Ruined. Schiff posits that the current “recovery” is artificial and the that Fed will increase Quantitative Easing. In the long run, interest rates must rise. Schiff foresees more QE, larger deficits, and another currency/sovereign debt crisis, so he is quite bullish on gold.
G.G. flagged this: U.S. disability rolls swell in a rough economy
Items from The Economatrix: