Eric Sprott: “Expect The Gold To Silver Ratio To Hit Single Digits”. JWR’s Comment: This reinforces my prediction of the continuing gold/silver ratio slide. If you have the secure storage space available, then it is high time to ratio trade out of gold and into silver.
Reader Sue C. sent this: Obama Officials Tried to Convince S&P Not to Issue Credit Warning
C.D.V. sent this: Americans Shun Cheapest Homes in 40 Years as Owning Loses Appeal
My brother-in-law wrote to mention that I had missed mentioning this: Historic Budget Cuts… Of One Percent?
F.G. sent this from The Wall Street Journal: U.S. Firms Shift Hiring Abroad
Items from The Economatrix:
Gold Soars to Record in Sixth Straight Session
Paul Farrell On The 10 “Doomsday Trends” Set To Destroy America
Jim Rogers Comments On Triple-digit Silver And Issues Warning: “Parabolic Moves Always Collapse”
Warning Signs Of A Coming Currency Crisis
The Party’s Over–The Oncoming Economic Tsunami
Steve Quayle: Silver Supplies are Tightest in History
Gold Hits Fresh Record as Dollar Slides
Get Ready for Gold @ $2,000 By Year’s End