Friday, August 15, 2008

Best of the Net - Weekend Edition Aug 15-17

Lew Rockwell looks at the downturn in the economy from a "glass half full" perspective, arguing that recession is the medicine required to cure an unhealthy economy of its overindebtedness and low savings rates. Please read: The Downturn is a Good Thing I couldn't agree more.

Mike Shedlock writes about how gold and silver are reacting to the deflationary credit crunch with Gold, Silver and the Great Unwind and Kevin Depew chimes in on the same subject in Panic Selling in Gold: What's next?

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