MUST READS
Euro rescue talk buoys markets – Reuters
Germany at war over eurozone bail-out – Telegraph
German Central Bank Opposed to Merkel’s Euro Course – Spiegel
Europe’s High-Risk Gamble – Feldstein, Project Syndicate
Greece prime minister makes plea for German support – BBC
The Chained CPI: A Bipartisan Path to Deficit Reduction – AEI
Gold Standard Plan Set To Be Offered at Washington – NY Sun
Central banks getting nervous about their gold reserves – CBN
Another step down the road to serfdom – Think Markets
Goldman Sachs Draws Up Deeper Cuts – DealBook
Lost Decades: The Lost Graphs – EconBrowser
Are we the next Japan? – CNN/Money

MARKETS/INVESTING
Oil above $82 on hope for Europe plan – AP
Gold jumps 3 pct on physical buying – Reuters
Stop blaming Greece for plunging stocks – MarketWatch
Do traders dream of defaulting Greeks? – FT Alphaville
Mints can’t keep up with silver coin and bar demand – Mineweb
The only sector Jim Rogers would buy right now – Financial Post
Jim Rogers: US Has More Serious Problems Than Europe – CNBC
In North Dakota, Flames of Wasted Natural Gas Light Prairie – NY Times
Why gold mining stocks are about to skyrocket… – Stockhouse
Cramer: Why It Never Pays to Panic – CNBC

ECONOMY/WORLD/HOUSING/BANKING
Not getting by on minimum wage – CNN/Money
Science and Economics Meet at Hayek – Forbes
Deep Recession Sharply Altered U.S. Jobless Map – NY Times
Berlin Eyeing Early Launch of Permanent Bailout Mechanism – Spiegel
Eurozone crisis: there are no miracles in Greek tragedies – Telegraph
Italy, Spain Borrowing Costs Increase at Auctions of $24 Billion – Bloomberg
S&P Forecasts Strain for China Property Developers – WSJ
Canada’s housing market slows, others stumble – Globe and Mail
Housing Prices collapsing in senior communities – NC Times
Harris Doubts `Real Growth’ in U.S. Housing Until 2013 – Washington Post
Fed Officials Voice Doubt on Inflation as Growth Tool – Bloomberg
The Bernanke of 2003 – Fed Watch

MUST READS
Eurozone rescue plan ‘emerging’ – BBC
Europe Stews on Greece, Markets Sweat It Out – NY Times
Greece vows commitment to euro, meeting budget targets – Washington Post
Geithner Plan for Europe is last chance to avoid global catastrophe – Telegraph
As Sides Dig In, Panel on Deficit Has an Uphill Fight – NY Times
Will The IMF Save The World? – Baseline Scenario
A U.S. Economy Weakened By a Golden Decade – Forbes
Marc Faber Says Gold Could Fall to $1,100 -$1200 – CNBC
Fed Plans To Identify “Key Bloggers” And Monitor Conversations – ECB
Occupy Wall Street – Day 9 – Update – Goldman Sachs 666
The euro once again – China Financial Markets
Not Over by a Longshot – Hussman Funds

MARKETS/INVESTING
Oil above $80 as Europe moves awaited – AP
Gold pares losses, hurt by dash for cash – Reuters
A Gold Rush Wanes as Hedge Funds Sell – NY Times
A brief economic explanation of Peak Oil – The Oil Drum
U.S. gasoline prices slide; more to come-survey – Reuters
Gold: Too fast too soon but fundamentals still very positive – Mineweb
Shanghai Gold Exchange Hikes Silver Margin By 20% – Zero Hedge
Unintended consequeces of operation smash – SilverGoldSilver
Gold to Bottom Out This Week: Experts – CNBC
2008 or 1979 all over again? – Profit Times

ECONOMY/WORLD/HOUSING/BANKING
A Quick Note On Inflation – Krugman, NY Times
Consumer buying may take long time to heat up – USA Today
Economists Shut Out Of Debt-Ceiling Debate – Media Matters
China top banker says fighting inflation priority – AP
German business sentiment falls further, Ifo says – BBC
Greek potest resumes as gov’t rejects default reports – xinhuanet
Vietnam 2011 Inflation of 19% to 20% Is ‘Realistic’, Thanh Says – Bloomberg
Just 22% Support Government-Assisted Mortgage Payments – Rasmussen
Banks Increase Holdings in Derivatives – DealBook
Housing market is terrific, if you are rich – USA Today
Betting on Bernanke Returns 28% for Treasuries – Bloomberg
Ben Bernanke and “The Costanza Effect” – Jeff Matthews

MUST READS
Greek default talk gathers pace – Reuters
Fear gauge enters the red zone – Telegraph
Fed watchers stunned by market downturn – MarketWatch
Leading Economies Try to Reassure World Markets – NY Times
Faith in policymakers plunges, taking markets with it – Reuters
French, German Bank Credit Default Wagers Soar – Bloomberg
IMF chief tells Europe: you must bail out the banks again – Guardian
Rosenberg on How Bernanke Disappointed the Market – Zero Hedge
Super Committee: Another Exercise in Futility? – Fiscal Times
Obama Takes Aim at Tax ‘Targets,’ Fires Blanks – Baum, Bloomberg
Moody’s Bank Downgrades: What, Us Worry? – Taibblog
The Unexamined Crisis – Project Syndicate
Spain’s Banking Mess – NY Times

MARKETS/INVESTING
Oil below $79 as fears grow over global economy – AP
Gold falls to 6-1/2 week low on commodities sell-off – Reuters
Is market replaying decade of the 1930s? – MarketWatch
AU $1700: Some Thoughts For The Gold Bulls – Forbes
Dennis Gartman: Wait for Gold to Trade $1695, Then Buy – CNBC
The Biggest Bubble of All Time: Commodities Market Speculation – EconoMonitor
Silver biggest loser so far in precious metals and markets sell-off – Mineweb
Shades of 2008: Is this how the gold bull market ends? – Mineweb
What Operation Twist Means for Gold – Crossing Wall Street
US Dollar Is ‘Not a Safe Haven’: Jim Rogers – CNBC

ECONOMY/WORLD/HOUSING/BANKING
Global economy alarm bells ring – CNN/Money
Global leaders struggle to calm recession fears – AP
U.S. Consumer Confidence Falls to Lowest Since June ’09 – Bloomberg
In Europe, bonds deemed risk-free fueled debt crisis, analysts say – Washington Post
China says yuan rise can’t solve trade imbalance with U.S. – Reuters
South Korea and Indonesia central banks move on currencies – BBC
EU says 420 billion euros injected into Europe’s banks – Reuters
How the Weak Housing Market Hobbles the U.S. Economy – Infrastructurist
Fed’s ‘Operation Twist’ Fails to Convince Investors – Bloomberg
Boehner Blames Fed for ‘Enabling’ Political Gridlock – WSJ
Working on the Wrong Margins – Fed Watch

MUST READS
Global shares drop on Fed warning – BBC
US, China, Germany slumps hammer stocks – Reuters
US unleashes $400bn plan to save ailing economy – Guardian
China’s manufacturing contracts in September – Channel News Asia
Moody’s Downgrades Credit Ratings of Three Large Banks – NY Times
S&P downgrades 7 Italian banks because of sovereign debt risk – AP
ECB Steps Up Purchases of Italian, Spanish Bonds – CNBC
In U.S., Slight Majority Now Blame Obama for U.S. Economy – Gallup
Why Identifying a Bubble Is So Much Trouble – Bloomberg
Why Was Fed Statement Late? 20th Century Technology – WSJ
Pressuring the Fed Can Backfire – NY Times

MARKETS/INVESTING
Oil falls to $82 as Fed warns of economic risks – AP
Gold falls over $50, dollar gains after Fed – MarketWatch
Copper, oil tumble after Fed warning, China data – Reuters
Commodities Erase All of This Year’s Gains – Bloomberg
Long-term Treasury bond yields dive on new Fed plan – LA Times
Changing behavior of crude oil futures prices – EconBrowser
Investors Ignore Andrew Lahde at Their Certain Peril – Real Clear Markets
Gold Sells Off as Investors Scramble for Cash – The Street
How far can gold and silver climb? – StockHouse
Is gold becoming Theglobe.com? – MarketWatch

ECONOMY/WORLD/HOUSING/BANKING
A rough 10 years for the middle class – CNN
Soros: US Is Already in Double-Dip Recession – CNBC
In U.S., 6 in 10 Do Not Expect Economy to Improve Soon – Gallup
King Moves Closer to Fed on Global Stimulus – Bloomberg
UK QE2 coming down the slipway – FT Alphaville
Greeks strike amid pain and anger over austerity – Reuters
Shares of Chinese Developers Plunge on Trust Financing Report – Bloomberg
Billionaires boost London house prices to fourth most expensive in the world – Telegraph
Five years after peak, still no bottom seen in housing market – MSNBC
In the US, 2 housing markets and 2 directions – AP
Questions and Answers About the Fed’s Decision – Fiscal Times
‘Twist Again’ Ben’s political master stroke – MarketWatch

MUST READS
Global markets wait for Fed, Greece – AP
Bernanke Has Few Tools to Heal Economy – Bloomberg
Fed looks set to ease policy as U.S. outlook dims – Reuters
Republicans Urge Bernanke to Refrain From Further Stimulus – BusinessWeek
IMF’s prognosis for advanced economies just got a whole lot bleaker – Telegraph
Greece hit by new wave of protests, braces for fresh austerity measures – xinhuanet
The 2007 Bust: How Could They Not Have Known? – Real Clear Markets
Bank of England ready for more money printing – Telegraph
Obama’s Tax Hikes Expected To Have Little Impact On The Rich – HuffPost
Euro Crisis: The General Haig school of crisis management – Economist
Doom! – Krugman, NY Times

MARKETS/INVESTING
Oil hovers near $87 ahead of US Fed policy meeting – AP
Gold edges up in countdown to Fed policy decision – Reuters
PIMCO Launches Fund to Hedge Inflation Risk – AdvisorOne
Investors Must Take ‘Leap of Faith’: BlackRock’s Doll – CNBC
Bullion Vaults Run Out of Space on Gold Rally – Bloomberg
Ready for the annual Christmas rally in gold and silver? – StockHouse
Asian gold demand driven by rising wealth, savings mentality – Kitco
Grantham: ‘No market for young men’ – MarketWatch
Gold Likely to Retest $1,920: Charts – CNBC

ECONOMY/WORLD/HOUSING/BANKING
A Little Inflation Can Be a Wonderful Thing – Mother Jones
Short-Term Stimulus Won’t Help U.S. in Long Run – Bloomberg
Japan exports rise less than expected on yen surge – BBC
Australia to Europe: Get your act together – Channel News Asia
Australia’s Mortgage Stress Jumps as Costs Rise – Bloomberg
With high inflation and weak currency India not like other BRIC Countries – Economic Times
Record 37% Say Their Home Is Worth Less Than the Mortgage Payments – Rasmussen
$1B foreclosure aid program helps fewer than planned – USA Today
Housing Is to the U.S. What Greece Is to the Euro Zone – WSJ
California Housing Market Sees August Boom – MainStreet
The Twist and Shout Should Be the Fed’s Next Maneuver – Bloomberg
Why Many U.S. Banks Don’t Want Your Money – Time