By way of our friend Remus at The Woodpile Report, a link to an eye-opening piece on the velocity of money by Mark McHugh: Shhhh…It’s Even Worse Than The Great Depression. (Warning: Includes some foul language.)
H.L. sent: More Bad News Imminent: August US Auto Production Set To Plunge By Most In 16 Months
I’m sure that many of you noticed that gold and silver ended the week with bang.
Items from The Economatrix:
Debt Crisis: Italian Cash-For-Gold Shops Quadruple As Financial Crisis Deepens
Eric Sprott: We are Staring at Chaos and Collapse in Front of Us
We Will Be Destroyed By The Inflation That Paralyzes The Economy