HPD recommended these observations from Mish Shedlock: Virginia Borrows $1.26 Billion to Pay Unemployment Benefits; Detroit Loses $400 Million on $800 Million of Bonds; Detroit’s Easy Solution
I’m sure that you’ve noticed the surge in spot silver and gold prices. The last time I checked, spot silver was at $19.26, per ounce, and gold was at $1,212 per ounce! There will likely soon be some profit taking, so be ready to buy on those dips!
Chad S. sent these other links:
Four Reasons Hyperinflation Hasn¹t Hit the U.S. Economy Yet
What’s Worse? Hyperinflation or Deep Recession?
National Inflation Association’s 10 Most Interesting New Answers
Bob Chapman’s analysis: Potential For Fed To Hyperinflate
Items from The Economatrix:
More Consumers Late on Auto Loan Repayments in Third Quarter
Morgan Stanley Fears UK Sovereign Debt Crisis In 2010
Gold $1,200; Gold And Silver Up 13% and 14% In November
Food Stamp Usage Across The Country
Fed Moves To Drain Some Money Out Of The Economy
Unemployment Rises In Almost Half Of Metro Areas
Fed Survey Finds Recovery Gaining Momentum.. [JWR Adds: We really should have a “Humor” department to file these news items.]
Stocks, Commodities Rise On Dubai, China; Dollar Weakens