Courtesy of John Rubino.
US GDP, consumer spending up strongly, will be revised downward after the election. Deluge of earnings last week, with Apple, Amazon and health care companies disappointing while Google and the big banks did better than expected. The dollar is rising and so is inflation. FBI probing new Clinton emails, polls tightening.
Best Of The Web
Hey Fed, enough is enough – Jim Grant
We risk being collaterial damage in the neocon lust for war – Peak Prosperity
In bonds, no one can hear you scream – ETF Trends
How a pillar of German banking lost its way – Spiegel
Weekly commentary: Peak monetary stimulus – Credit Bubble Bulletin
Hoisington Management quarterly review and outlook, 3Q 2016 – Mauldin Economics
Bill Fleckenstein interview – King World News
Ungovernability – Automatic Earth
Gold’s secular bull market continues – 50 amazing charts – Mountain Vision
Politicians must tell free market from corporate stitch-up – Telegraph
Prepare for the unthinkable – Acting Man
Welcome to neocolinialism, exploited peasants! – OfTwoMinds.com
Why the global economy will disintegrate rapidly – Automatic Earth
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Breaking News
The Economy
10/31 Dallas Fed manufacturing whiffs – Business Insider
10/31 Chicago PMI retreats in October to softest level in five months – MarketWatch
10/31 Oil slides as non-OPEC nations demure on output limit plan – Reuters
10/31 “We decided to close our firm” – a hedge fund’s lament – Zero Hedge
10/31 European banks stuck with $1.3 trillion of bad loans – Bloomberg
10/31 US consumer spending climbs most in three months – Bloomberg
10/31 World to face stress test as bond rout deepens – Telegraph
10/31 Are recently rising bond yields the beginning of a crisis? – Seeking Alpha
10/31 Moody’s Deutsche Bank nearing “default point” – ETF Daily News
10/31 “China’s debt has grown $4.5 trillion in past 12 months” – Talk Markets
10/31 1 trillion dollar consumer auto loan bubble beginning to burst – Most Important News
10/30 Ray Dalio: What does the future hold? – Market Realist
10/30 How long before the next economic crisis? – Wolf Street
10/30 Bond tourists expose soft underbelly of America’s high-yield market – Bloomberg
10/29 The coming bond market crash – an interview with Eric Hadik – Erico Matias Tavares
10/29 Markets ‘turmoil’ after Comey crashes Clinton party – Talk Markets
10/29 Sorry, but the economy’s growth spurt isn’t going to last – CNBC
Precious Metals
10/31 Speculators finally start buying back gold positions – Seeking Alpha
10/31 The golden rule for next week – Seeking Alpha
10/31 Barrick Gold – all you need to know about the Q3 2016 results – Seeking Alpha
10/31 Gold stocks’ winter rally – 24hGold
10/30 Investors should look past Newmont’s earnings miss – Market Realist
10/30 What David Einhorn thinks about gold – Market Realist
10/30 Proof the gold price based on cost, not supply and demand – GoldSeek
10/30 Gold is going to play a role in a new monetary system – GoldSeek
10/29 Agnico beats 3Q profit forecasts – Yahoo!
10/29 Gold pushes higher Friday; where does it go from here? – Kitco
10/29 There will never be a sound currency system – Talk Markets
10/29 How could shift in monetary regime affect the gold market? – Talk Markets
10/29 Gold price rising on a strong GDP number is a very bullish sign – Seeking Alpha
10/29 A perfect storm has formed in the gold market – Casey Research
10/29 Hathaway’s Tocqueville gold letter pretty frank about market rigging – GATA
10/28 Gold pops on Clinton email news – Kitco
10/28 T-bond meltdown: gold holds steady – 321Gold
10/28 Barrick Gold keeps door open to selling most prized assets – Bloomberg
10/28 Why green is the new gold – 321Gold
10/28 Gold mining sector could reach all-time highs next year – Energy and Gold
Inflation, Deflation, Currency War, Cryptocurrencies
10/31 Venezuelans give up on counting piles of cash, start weighing them – Bloomberg
10/31 China as factory to world mulls the unthinkable: price hikes – Bloomberg
10/31 Dollar’s surge goes from road block to all-clear signal for Fed – Gulf News
10/31 Mark Carney could quit his Bank of England role – Daily Mail
10/31 Blistering US GDP results set stage for further EURUSD downside – AO Markets
10/31 Growth and inflation stir in eurozone – Daily Times
10/31 Sterling set to slide – Talk Markets
10/31 Prices are skyrocketing, but only for things you actually need – Talk Markets
10/30 Bitcoin conquers price barrier, passes $700 – Coin Telegraph
10/30 Swiss railway ticket machines to sell Bitcoin digital currency – BBC
Real Estate Bubble
10/30 Shadow banks are taking over the mortgage market again – CNBC
10/27 Pending home sales leap on strong demand – MarketWatch
10/27 Bubble mentality collapses in San Francisco office market – Wolf Street
10/26 London house prices forecast to plunge as Brexit chokes market – Bloomberg
10/26 New-home sales reach second-highest level of recovery – MarketWatch
DollarCollapse Podcasts
10/04 European banks in the eye of the storm
9/13 Markets explain facts of life to Fed
8/16 A tough time to manage money
7/27 Random violence and political instability: the new normal
7/21 It’s not the event but the response to the event that matters
7/01 Brexit was just the beginning
6/25 The deeper meaning of Brexit
6/08 Gold Will Soar, Marijuana Will Be Legal
5/23 Hard times for obsolete entities
5/14 Chaos spreads to US retailers and Italian banks
Politics
10/31 Doug Band to Podesta: “If this story gets out, we’re screwed” – Zero Hedge
10/31 Is this why Comey broke? – Zero Hedge
10/31 Intense political conflict – 24hGold
10/31 Once hope candidate, Obama in his final days faces hopeless electorate – WaPo
10/31 Hillary’s emails matter: A retired CIA officer explains why – Hill
10/31 James Comey – as seen through the persuasion filter – Dilbert
10/31 Hillary Clinton’s terrible week in Washington – Washington Post
10/31 Hillary Clinton leads Donald Trump by tight two-point margin – CBS News
10/31 Clinton enjoys solid lead in early voting: Reuters/Ipsos poll – Reuters
10/31 Clinton aide doesn’t know how emails got on husband’s computer – WaPo
10/31 Clinton hid email scandal from her own staff – Washington Examiner
10/31 The first 100 days of a Trump White House: sea change – France 24
10/31 Iceland elections leave ruling centre-right party in driving seat – Guardian
10/31 James Comey, American hero – Automatic Earth
10/31 Elections have always been rigged, but not like Trump says – Wired
Offshore Investing
10/28 Social mood is changing – prepare your offshore nest egg – Mountain Vision
10/07 Panama Papers? Try UNITED STATES Papers? – Mountain Vision
9/14 4 totally legal reasons to use an offshore structure – Nestmann
7/20 Costa Rica: Central America’s hidden gem – Sovereign Investor
Clean Tech
10/31 Will electric cars be cost competitive by 2020? – Oil Price
10/30 The US government needs to transition to solar-powered future – NYI
10/30 With Tesla’s roof you’ll never know houses are solar-powered – CNBC
10/30 Watch Elon Musk debut mainstreaming of solar power – Mashable
10/29 Elon Musk reveals solar roof made of glass tiles in LA – Bloomberg
10/29 Yieldcos consider all options for life after SunEdison – Wind Power Monthly
10/29 Wind power exceeds 10 percent of generation in 11 states – Public Power
10/28 Wind generating a double-digit share of Colorado’s power supply – Biz Journals
10/27 End of nuclear in US seen by Carlyle Group without subsidies – Bloomberg
Art of the Collapse
10/31 Artist’s impression of 2017 inauguration day – Zero Hedge
10/31 Donald Trump’s brain-worms finally reveal themselves – Cracked
10/26 Forget Trump and Clinton – watch SNL’s’Black Jeopardy’ sketch – Washington Post
10/25 Trump and Clinton’s third debate gets mocked brilliantly by SNL – BGR
10/18 SNL’s presidential debate isn’t complete without Ken Bone – E! Online
War, Civil Unrest, Privacy, Creeping Fascism, Police State
10/31 The loosening grip: a beginner’s guide to death throes – Fred On Everything
10/31 Iraqi forces resume offensive towards eastern Mosul – Reuters
10/31 ‘Anonymous’ threatens North Dakota governor – Zero Hedge
10/31 Selling ‘regime change’ wars to the masses – Ron Paul Institute
10/30 The slide toward war with Russia – Nation
10/30 ‘Do Not Resist’ documentary puts militarized police under fire – NewsWeek
10/29 The strange tale of a dating site’s attacks on WikiLeaks founder – McClatchy DC
10/29 Invisible government: John Pilger on war, propaganda, Clinton & Trump – Archive
Self-sufficiency, Food Security, Survival
10/31 New cookbook demystifies process of following ketogenic diet – Mercola
10/31 Doubts about the promised bounty of genetically modified crops – New York Times
10/30 Surviving a lethal force encounter – Reluctant Preppers
10/29 Even math teachers are at a loss to understand annuities – New York Times
10/27 The next 10 years will be ugly for your 401(k) – Bloomberg
10/27 Goldman’s multifactor robots: a post-human investing guide – Bloomberg
CyberWar, CyberTerrorism, CyberCrime
10/30 Russian official hacked, report says – US News
10/26 Is this Obama’s idea of a cyberwar? – Zero Hedge
10/25 How experts traced the DNC hack to Russian spies – Bloomberg
Off-Topic But Brilliant/Challenging/Infuriating
10/31 Got bank? Election could create flood of marijuana cash – Yahoo!
10/31 The iconoclast – Texas Monthly
10/31 Major bull market in Canadian cannabis stocks to continue – MunKnee
10/31 How Donald Trump changed the dating world – Politico
10/30 HBO officially killed cable bundle, ESPN looks biggest victim – Zero Hedge
10/30 Weed growers racing to register strains on bitcoin blockchain – Motherboard
10/29 How to make 2016 the most offensive Halloween ever – Zero Hedge
10/28 Americans are dying faster. Millennials, too – Bloomberg
10/28 Bezos Rocket Company is a new leader in the suborbital space race – Bloomberg
10/27 Our landfill economy – OfTwoMinds.com
10/27 Mass consumption is causing mass extinction – Take Part
