Economics and Investing:

You might have noticed that gold set a record weekly closing price on Friday at $1,005 per ounce, and silver closed at a respectable $16.70. I expect some profit-taking in the next two weeks, so be ready to buy on this dip!

From Jeff D.: Treasury sees millions more foreclosures

Ben M. spotted this piece quoting Mr. Magoo Alan Greenspan. Market crisis ‘will happen again

Items from The Economatrix:

Government Paid Dealers $1.2 Billion for “Clunkers”

NYC’s Tavern on the Green Files for Chapter 11 Bankruptcy

Trade, Jobless Claims Figures Show Recession Fading

Money Market Fund Guarantee Program to End

Proctor & Gamble Sees Sales Starting to Rise Again in 2Q

Seed Company Monsanto Plans to Double Staff Cuts