Economics and Investing:

John R. sent a link to some great analysis by Rob Kirby: Amaranth Kill Shot: Collateral Damage in a 78 Trillion Dollar Derivatives Book Compliments of J.P. Morgan Chase

Also from John, a piece by Claus Vogt: Two Collapse Scenarios

Michael P. suggested the latest ShadowStats report: Hyperinflation – 2011 (Updated)

Scott M. recommended this segment wherein Neal Cavuto interviews Former Treasury Chief Restructuring Officer Jim Millstein: Debt Ceilings and the Risk of U.S. Default

Hedge fund assets top $2 trillion for the first time. (Thanks to Mark W. for the link.)

Items from The Economatrix:

Oil Settles Above $111 Per Barrel

What’s Really Worrisome About US Treasury Bonds

The EU Cracks Up

$50 Silver:  The Price Point Of Liberty

Jim Sinclair On Gold And The World Financial System