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
Metals and PMIs; translating the economy – Seeking Alpha
Far beyond double – Hussman Funds
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
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Breaking News
The Economy
11/01 The selloff in US Treasuries might be Germany’s fault – Bloomberg
11/01 A little-noticed fact about trade: it’s no longer rising – New York Times
11/01 Jim Willie: Unprecedented US bond dumping – SilverDoctors
11/01 Earnings fairytale has an unhappy ending – 24hGold
11/01 US construction spending contracts YoY for first time since 2011 – Zero Hedge
11/01 China Caixin manufacturing and services PMIs show improvement – CNBC
11/01 Jim Rickards: There is only one bank left – Daily Reckoning
11/01 Car-loan market suffers losses for a third straight month – MarketWatch
11/01 Unfunded state pension liabilities near $5.6 trillion – Ami Newswire
11/01 US trucking companies slash fleets amid “tepid shipping demand” – Zero Hedge
11/01 Italy’s bonds slump as polls show nation rejecting Renzi vote – Bloomberg
11/01 October smashes merger records as companies turn to megadeals – Bloomberg
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
Precious Metals
11/01 Gold: End of the year excitement – 321Gold
11/01 Silver Krugerrands by South African Mint coming soon – GoldCore
11/01 This is what will move gold in 2017 – SilverDoctors
11/01 Newmont revises dividend policy on higher gold prices, free cash flow – Market Realist
11/01 What led to Barrick Gold’s 3Q16 earnings beat? – Market Realist
11/01 3 terrible reasons to buy Great Panther Silver Ltd. – Motley Fool
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
Inflation, Deflation, Currency War, Cryptocurrencies
11/01 Yen decline just beginning? – Mish
11/01 Bank of Japan trims inflation forecast – Wall Street Journal
11/01 Two percent inflation is two percent theft – 24hGold
11/01 China shows cheap currency doesn’t pack same punch anymore – Bloomberg
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
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
11/01 Adriana Cohen: Donna Brazile’s sins a microcosm of biased media – Boston Herald
11/01 Election offers stark choices on Supreme Court’s future – Wall Street Journal
11/01 Trump leads Clinton by 1 point in new poll – ABC News
11/01 Halloween nation – Kunstler
11/01 Peter Schiff podcast: GDP + HRC = rigged election – Schiff Gold
11/01 DNC’s Brazile said to have leaked debate question to Clinton – Bloomberg
11/01 CNN ends relationship with DNC’s Donna Brazile – CNBC
11/01 Viva la revolución? – International Man
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
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
11/01 Falling costs and tech innovations will drive offshore wind power boom – India Times
11/01 No one saw Tesla’s solar roof coming – Bloomberg
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
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
11/01 NYU prof who spoke against “safe spaces,” “trigger warnings” pushed out – ZH
11/01 48% of Russians fear Syrian conflict will lead to WWIII – Zero Hedge
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
Self-sufficiency, Food Security, Survival
11/01 Boosting antioxidants may help resist age-related decline – Kurzweil
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
CyberWar, CyberTerrorism, CyberCrime
11/01 What to do if a retailer says you’ve been hacked – CNBC
10/30 Russian official hacked, report says – US News
10/26 Is this Obama’s idea of a cyberwar? – Zero Hedge
Off-Topic But Brilliant/Challenging/Infuriating
11/01 Here’s what Vinod Khosla expects to see in 40 years – Bloomberg
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
