Economics and Investing:

SurvivalBlog’s Poet Laureate George Gordon (“G.G.”) sent this: Germans, and a Wave of Swiss Bank Accounts, are Piling into Gold as if it’s a New Crisis

The Daily Bell reports: US Fed Gains Power, Loses Credibility?

More than 400 US Banks Will Fail: Roubini

Reader Sam G. sent us a link to a piece that deconstructs some Orwellian journalism: TIME: Rising Unemployment Rate Is Good News

Items from The Economatrix:

Seven Steps to Becoming a One-Income Family

Despite Hiring, US Unemployment Rate Seems Frozen

Stocks Extend September Rally After Jobs Report

Heavy in Dollars, China Warns of Depreciation

Lehman Brothers Rescue Would Have Been Unlawful, Says Bernanke

Gold & Investment in Failure

Housing Troubles Resurfacing

Matterhorn Asset Management Sets Three Gold Price Targets: $6,000, $7,000 and $10,000

DC Faces Possible Armageddon Unlike Anything Since the Civil War

Ambrose Evans-Pritchard: Dangerous Defeatism Taking Hold of Among America’s Economic Elites