MUST READS
China’s PMI rebounds to 50.3% in Dec – China Daily
Spain: 2011 deficit could be higher than 8 pct – AP
Euro Leaders Aim to Buy Time to Save Currency – Bloomberg
Eurozone collapse ’starts this year’ says CEBR – Telegraph
EU Officials Begin New Year With Calls to Save the Euro – CNBC
Ron Paul’s Surge May Cause Headache for Republicans – Bloomberg
The Year Governments Lost Their Credibility – NY Times
Is debt a burden on future generations? It depends. – Noahpinion
I Just Got Here, but I Know Trouble When I See It – NY Times
8 fearless fund forecasts for 2012 – MarketWatch
2012 “Predictions” – Stone Street Advisors
Open Letter to Paul Krugman – Cafe Hayek

MARKETS/INVESTING
Where is the Oil Price Heading in 2012? – IBT
Gold climbs on first trading day of 2012 – Alrroya
When Investors Rush In, and Out, Together – NY Times
Bonds Prove Best Financial Asset for First Time Since 1997 – Bloomberg
Why 2012 will be a ‘make or break’ year for savers and investors – Telegraph
Gold watchers predict rough ride after 11 years of gains – Globe & Mail
‘Gold may decline further in early 2012′ – Commodity Online
Gold to hit $3800, silver to triple due to shortages – Commodity Online
Corrections In The Gold Bull Market – Jesse’s Cafe
Gold bugs’ unmerry Christmas – MarketWatch

ECONOMY/WORLD/HOUSING/BANKING
As Good as It Gets? – NY Times
Happy Days Are Here Again! – Slate
U.S. consumer in the slow lane – Reuters
2011 was a bad, but typical, for economic forecasters – Globe & Mail
Austerity Reigns Over Euro Zone as Crisis Deepens – NY Times
China Export Orders Show Threat From Europe – Bloomberg
Nigeria fury as fuel prices double after subsidy ends – BBC
Germany Says Greek Debt Talks Near An End – Bloomberg
New Hope for Housing in the New Year – CNBC
Signs of life in the housing market – Reuters
Foreclosure free ride: 3 years, no payments – CNN/Money
A closer look at the Fed’s inner workings – Globe & Mail