*** The Big Picture: Greece’s last stand ***
*** FT Alphaville: Rejoining Club Med ***
*** FT Alphaville: Beware the ‘Splash Crash’ ***
*** FT Alphaville: Terry Smith doesn’t like ETFs ***
*** FT Alphaville: Goldman warns of significant China slowdown ***
*** The Atlantic: Chart of the Day: How Much Is the U.S. National Debt in Gold? ***
*** The Big Picture: Richards: “Gold is Not an Investment” ***
*** The Big Picture: Federal Reserve Posters (1920′s) ***
*** The Big Picture: Washington Post: “Five Disciplines To Be A Great Investor” ***

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U.S. new home sales rose 7.3% to 323.000 SAAR; Consensus was at 300.000 SAAR, prior reading (revised upward 1.000) was at 301.000 SAAR.

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