MUST READS
Greece, creditors edge closer to deal – Reuters
IMF’s Lagarde warns on austerity and growth – BBC
The IMF is no longer serving its purpose – Telegraph
Ireland passes latest austerity test – CNN/Money
Bonds Show Return of Crisis Once ECB Loans Expire – Bloomberg
Moody’s warns it will likely cut ratings on big bank – Reuters
Financial Crisis Narrative Flunks Reality Check – Weil, Bloomberg
FAQ: What’s next for SOPA, PIPA in Congress – Washington Post
More Evidence JP Morgan Stuck the Knife in MF Global – Naked Capitalism
How Deflationary Forces Will Be Turned into Inflation – Mises
The ‘Perils’ of a Gold Standard? – Implode-O-Meter
Alan Greenspan’s ship of fools – Baker, Guardian

MARKETS/INVESTING
Oil prices slip under $100 per barrel – AFP
Gold below $1,650 as euro rally fades – Reuters
Where to put your money if the bond bull stumbles – MarketWatch
Investors exit big-name funds as stars fail to shine – Reuters
JPMorgan alone in raising Q4 commodity risk exposure – Mineweb
Gold ETF remains top investment option last year – Bullion Street
Central bank gold buying hits 430 tons, highest since 1964 – Commodity Online
Paper and Physical Silver Prices Are Not Decoupling Yet – Kid Dynamite
“The Chinese really love gold” – Banks pushing citizens to buy – Reuters
“A Longer-Term Perspective On Gold” And More, From Nomura – Zero Hedge

ECONOMY/WORLD/HOUSING/BANKING
Shilling says new global recession is here – MarketWatch
About Faster Inflation, Please Stay Worried – Kinsley, Bloomberg
Industrial Production Is Why LEI Is Being Revised – Financial Sense
China’s Manufacturing Contraction Boosts Case for Monetary Easing – Bloomberg
UK retail sales up for December as shoppers shrug off economic fears – Guardian
Abandoning Ship: Italian Paper Likens Merkel to Shipwreck Captain – Spiegel
Is Canada’s economy really dependent on global trade? – Globe & Mail
Housing: Record Low Total Completions in 2011 – Calculated Risk
‘Robo’ Foreclosure Settlement Turns Political – CNBC
O.C. foreclosures take year to complete – O.C. Register
The Fed missed the housing bubble and its effects – O.C. Housing News
A Quartet of Fed Chairmen Body Slam Bernanke – auontrarian