Economics and Investing:

Eric Sprott: Gold Running in Short Supply. (Thanks to Todd for the link.)

Sharp Shepherd sent us this: More Than 90 Banks Miss TARP Payments

Items from The Economatrix:

Gold is an Armageddon Hedge

Uncertainty Restores Glitter to an Old Refuge, Gold

How All Of Us Pay for The Derivatives Market (Caution: There is a bad word in the title…..)

It’s The Ratios, Stupid (Why the US Will Default on its Debt)

Wholesale Prices Fall 0.3 Percent in May

Home Construction Sinks, Building Permits Down

The Snowball Scenario Sinks Sovereigns

World Bank Says China’s Economy Slowing