"Investors should be aware that gold and other commodities will experience extreme volatility in 2012--even more than what was witnessed in 2011. However, the timing for the next move to new highs will hang on the ECB’s deployment of its ultimate plan of massive monetization of unsterilized European debt." Michael Pento

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/13_Pento_-_When_Extreme_Volatility_in_Gold_%26_Commodities_will_Hit.html

"My big picture is that Merkel and the Germans will allow the printing of money and once that happens, just as it happened in 2008, once you get a sign, that’s blastoff time for gold. Gold and silver will shoot up like rockets. In my opinion gold will close 2012 at $2,500 or above, probably above. Gold could easily double from here in the next 12 months if you get the kind of money printing that I expect to happen in Europe." Stephen Leeb

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/12_Stephen_Leeb_-_Gold_Bull_%26_Germany_Flirting_with_Depression.html

CME CEO Durkin Announces CME Will Not Guarantee Missing MF Global Client Funds

http://silverdoctors.blogspot.com/2011/12/cme-ceo-durkin-announces-cme-will-not.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Silverdoctors+%28SilverDoctors%29

Capital Account: Yanis Varoufakis, "All Europeans are Seeing the Collapse Coming" (12/09/11)

Bix Weir

http://brotherjohnf.com/2011/12/12/bix-weir-2/

Fleckenstein - His Concerns About MF Global, Gold & More

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/12_Fleckenstein_-_His_Concerns_About_MF_Global,_Gold_%26_More.html

Are US Troops Deploying on the Jordan-Syrian Border?

http://www.zerohedge.com/contributed/%3F-older-posts-are-us-troops-deploying-jordan-syrian-border?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Iran to practice Strait of Hormuz closure while unlocking US drone secrets

http://www.debka.com/article/21562/

Portugal Is Latest Country To Go "MF Global", Raid Pensions Funds To Delay Fiscal Death

http://www.zerohedge.com/news/portugal-latest-country-go-mf-global-raids-pensions-funds-delay-fiscal-death

Although central bank asset purchases are unlikely to replace conventional interest rate policy in normal times, quantitative easing have proven to be useful tools during extraordinary times, the BIS concluded.

Central Banks Alone Can Address Global Liquidity Crunch: BIS
http://www.rttnews.com/ArticleView.aspx?Id=1779072

Moody's To Revisit EU Ratings In Q1 2012 Despite Summit Deal

http://www.rttnews.com/ArticleView.aspx?Id=1779084

Nuclear knowhow, S300 are Iran's price for Russian, Chinese access to US drone

http://www.debka.com/article/21560/

Graham Summers’ Weekly Market Forecast (La La Land Edition)

http://gainspainscapital.com/?p=1192

No One Says Who Took $586B in Fed Swaps

http://www.bloomberg.com/news/2011-12-11/no-one-says-who-took-586-billion-in-fed-swaps-done-in-anonymity.html

A Romance With Risk That Brought On a Panic

http://dealbook.nytimes.com/2011/12/11/a-romance-with-risk-that-brought-on-a-panic/

European Banks Hunt for Ways to Raise Cash

http://dealbook.nytimes.com/2011/12/11/european-banks-hunt-for-ways-to-increase-capital/

(Reuters) - Last week's EU summit went a long way towards forging the closer economic ties needed to prevent future debt crises but markets are likely to judge it as too little and too late to solve the current one.

http://www.reuters.com/article/2011/12/12/us-eurozone-outlook-idUSTRE7BB01320111212?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29

Is gold selling and leasing by banks on the rise

http://www.mineweb.com/mineweb/view/mineweb/en/page103855?oid=141426&sn=Detail

Unreported Bedlam In Treasuries Signals Massive Panic

http://www.zerohedge.com/contributed/unreported-bedlam-treasuries-signals-massive-panic?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

"Meanwhile, in each and every past case of currency destruction, the owners of gold and silver were not only spared the worst of the trauma, they were enriched." John Rubino

Currency Wars: “Strong Yen Is Destroying Japanese Industry”

http://dollarcollapse.com/inflation/currency-wars-%E2%80%9Cstrong-yen-is-destroying-japanese-industry%E2%80%9D/