B.B. pointed me to this, over at Zero Hedge: Retirement Fund Plunder Update: $206 Billion So Far, $62 Billion Left
30 Reasons To Get Out Of Real Estate and Into REAL Assets. (Thanks to Chris D. for the link.)
Reader Jay H. kindly sent this link: Gold is best debt-crises defense — just not yet
Naughty, Tim! He didn’t stick to the “Continuing Recovery” party line: Geithner says hard times to continue for many
Sue C. forwarded this: Dollar likely lower without debt limit progress
John R. sent us several great links:
Several Inconvenient Truths About the Debt Ceiling and “Deficit Reduction”
Feds Force State & Local Government Insolvency
Will the United States Default?
If Central Banks Believe in Paper Money Why are They Loading Up On Gold?
The Fed is Approaching The End Game… Are You Ready?
Bob Chapman: Watching a Flatlining Economy
The Dollar Collapse Will be the Single Largest Event in Human History. (The Synopsis Video is also quite good. I particularly liked Mac’s choice of the final still photo. )
Items from The Economatrix:
Flat Jobs Data Signal Weakest Recovery in Decades
Consumers Borrowed More for Eighth Month in May