Regular content contributor GG mentioned this in The Wall Street Journal: Are Your U.S. Treasury Bonds Safe? The price of credit default swaps jumped by more than 50% in the private market in recent months.
Frank S. sent this Friday Follies Update: Three bank failures take year’s tally to 133
“3Can” mentioned that the IBD had a good discussion of gold related to purchases by central banks.
Items from The Economatrix:
Freightliner Moving Truck Production to Mexico, Raising Fears of More Layoffs
Australian Lawmaker Warns US Could Default on its Debt Triggering an “Economic Armageddon”
Timebomb for the Euro: Greek Debt Poses a Danger to Common Currency. (The EU’s economic and currency problem almost always start on it periphery.)