Courtesy of John Rubino
Hedge funds can’t figure out their manipulated markets. Inflation, housing pick up, manufacturing and transport continue to decline. Banks report surprisingly good earnings, mostly due to trading gains. Yellen considers aggressive “high-pressure” policy to engineer fast growth and rising wage inflation. The Assange mystery deepens; Wikileaks still active. Clinton way up in polls after final debate.
Best Of The Web
The cult of the expert – and how it collapsed – Guardian
Fed risks repeating Lehman blunder as US recession storm gathers – Telegraph
Broken indicators: it’s growing harder to spot troubles in the market – Bloomberg
10 terrifying charts – Gold Republic
Cass Freight Index takes another dive killing August’s “false hope” – Mish
Watch a short film Adam Curtis made for VICE about your life – Vice
The world’s most dangerous systemic risks – Deep Connections
Prevailing gray swans: The clear and present danger list – Deep Connections
What triggers collapse? – Peak Prosperity
The perils of a resurgent China credit boom – Credit Bubble Bulletin
Japan’s central bank writes Tokyo a blank check – Stratfor
USA 2017-2020: An ungovernable nation? – OfTwoMinds.com
A mile-high house of cards – International Man
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Breaking News
The Economy
10/22 U.S. auto sales in October expected to drop 7 percent – Yahoo!
10/22 Federal Reserve admits it never knew what it was doing – SafeHaven
10/22 Canadian economy takes fresh hit as EU trade deal collapses – Bloomberg
10/22 Yra Harris on Deutsche Bank, systemic risk, US elections – FRA
10/22 Global debt investors: The silence of the lambs – DiMartino Booth
10/22 FRBNY Nowcast model dips to 2.2% for Q3, 1.4% for Q4 – Mish
10/21 Hedge fund managers struggle to master their miserable new world – Bloomberg
10/21 To some, it “feels more like a crash” – 24hGold
10/21 Weak retail sales result makes Canada rate cut more likely – Bloomberg
10/21 China’s local governments are getting into venture capital – Bloomberg
10/21 ‘Lions hunting zebras’: Ex-Wells Fargo bankers describe abuses – New York Times
10/21 China’s still growing, but fears are rising that it won’t last – CNBC
10/21 Kim Kardashian, millionaire cops and the 1% – Sprott Money
10/21 What redemptions in the hedge fund industry are telling us – Mountain Vision
10/21 David Rosenberg calls for trillions in helicopter money – Zero Hedge
10/20 Draghi seen keeping up suspense on future of ECB stimulus plan – Bloomberg
10/20 Fed’s Beige Book: Most of U.S. grew at modest to moderate rate – MarketWatch
Precious Metals
10/22 Gold miner Zijin stands out as overseas acquisition pioneer – SCMP
10/22 Don Coxe: Raise cash, hold gold – Financial Sense
10/22 Precious metals: right shoulder action now – 321Gold
10/22 Swiss gold exports down 9% on month in September – GATA
10/22 GATA Chairman Murphy interviewed by TF Metals Report – GATA
10/22 TF Metals Report: Gold offtake at Comex explodes – GATA
10/22 Acacia shares jump as gold miner ramps up production – Telegraph
10/22 Insiders are buying Pure Gold Mining: should you? – Seeking Alpha
10/22 Brazil Resources – A not so junior, junior miner – Seeking Alpha
10/21 The great physical gold supply & demand illusion – 24hGold
10/21 Silver Eagle demand ‘returned with a vengeance’ – GoldCore
10/21 All time high levels of QE are coming – 24hGold
10/21 Gold is near the 2011 highs – Gold Switzerland
10/21 The cheapest silver miner based on future cash flow – Motley Fool
10/21 It’s rally time for gold and silver equities – Streetwise Reports
10/21 India’s monsoons blowing in higher gold prices – Schiff Gold
10/21 Fiat money and gold – GoldMoney
10/21 Diagnosis of gold correction: normal – GoldSilver
10/21 Silver standard: Time to buy the dip? – Seeking Alpha
10/21 GDXJ: Fire-sale prices still here – Seeking Alpha
10/20 Cashless society – war on cash to benefit gold? – GoldCore
10/20 Do not forget about palladium – APMEX
Inflation, Deflation, Currency War, Cryptocurrencies
10/22 The father of the euro: the currency “will collapse” – Casey Research
10/22 Helicopter drop: will free money save the day? – Nestmann
10/22 How a mysterious miner could decide bitcoin’s future – Coin Desk
10/21 Obamacare premiums up 30% in TX, MS, KS – Mish
10/21 Dollar hits eight-month high, stocks set for weekly rise – Reuters
10/21 China’s capital outflows are soaring again – Zero Hedge
10/21 Inflation outlook rises everywhere but Japan – Bloomberg
10/21 Eurozone government-bond yields fall after Draghi comments – MarketWatch
10/21 A less-cash society, not a cashless one – Bloomberg
10/21 Is the bet on inflation finally paying off? – Bloomberg
10/21 The great inflation hoax – Seeking Alpha
Real Estate Bubble
10/21 China September property prices extend gains, raise fears of a bubble – CNBC
10/21 U.S. mall investors set to lose billions as retail gloom deepens – Reuters
10/20 Sales of existing homes in US increase more than forecast – Bloomberg
10/20 China’s real estate frenzy – The Week
10/19 US single-family housing starts surge; multi-family segment falters – Yahoo!
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
10/22 Donald Trump: ‘I will totally accept’ election results ‘if I win’ – CNN
10/22 The nickname Hillary Clinton has been waiting for – New York Times
10/22 The bad jokes Hillary and Trump told at Al Smith dinner – Washington Post
10/22 New reuters poll shows 70% of republicans think election rigged – Zero Hedge
10/21 Trump’s candidacy – the good and the bad of it – Daily Reckoning
10/21 Trump, Clinton tension seeps into jokes at annual charity dinner – Reuters
10/21 Trump vs. Clinton – Who’s “better” for gold? – 24hGold
10/21 Another thing Donald Trump and Hillary Clinton get wrong – Forbes
10/21 Assange lashes out at America – Zero Hedge
10/21 Email confirms DNC involvement in violence at Trump rallies – Zero Hedge
10/21 Hillary Clinton wins third presidential debate, according to poll – CNN
10/21 Hillary Clinton, mocking and taunting in debate, turns the tormentor – New York Times
10/21 Trump’s best debate performance – Mish
10/21 The Podesta emails – Politico
Offshore Investing
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
7/08 Time to adjust your wealth plan – Mountain Vision
Clean Tech
10/22 Big US businesses are embracing solar power, according to new report – CNBC
10/22 Energy watch group: IEA to lift solar PV and wind projections – Solar Server
10/22 Europe’s offshore wind industry booming as costs fall – Guardian
10/21 Wind power could supply 20% of global electricity by 2030 – Inhabitat
10/21 Blowing the competition away: the wind power boom in the US – Oil Price
10/20 Strong progress by Chinese solar power generators may eliminate subsidies – SCMP
10/20 Growing food with seawater and solar power – Aljazeera
10/20 These are the US companies with the most solar power – Fortune
10/19 Batteries may trip ‘death spiral’ in $3.4 trillion credit market – Bloomberg
Art of the Collapse
10/18 SNL’s presidential debate isn’t complete without Ken Bone – E! Online
10/12 Late-night TV hosts have field day with Donald Trump-Billy Bush video – WaPo
10/03 Alec Baldwin’s Donald Trump impression on ‘Saturday Night Live’ – Washington Post
9/24 2016 debate preparation begins – Zero Hedge
9/14 Book review of Dave Stockman’s “Trumped!” – Mish
War, Civil Unrest, Privacy, Creeping Fascism, Police State
10/22 Why won’t anyone admit that America is fighting 5 wars? – The Week
10/22 In Iraq, ISIS attacks city of Kirkuk as battle for Mosul rages – NPR
10/22 Source: ISIS executes hundreds of Mosul area residents – CNN
10/22 “Make a wish list,” Russia tells Duterte, as new Asian axis forms – Zero Hedge
10/21 Hacking democracy – Burning Platform
10/21 Germans leaving Germany ‘in droves’ – Gatestone
10/21 US urged Ecuador to act against WikiLeaks leader Assange – NBC
10/20 Did the White House declare war on Russia? – Nation
Self-sufficiency, Food Security, Survival
10/21 This is what happens when you get rid of 75% of your stuff – MarketWatch
10/21 The top spots in the US to bug out – Survival Sullivan
10/21 Making your shelter visible – Survival Sullivan
10/18 How to inspect your survival stockpile – Survival Sullivan
10/17 Here’s why you need vitamin B12, and where you can find it – Washington Post
10/16 Conquering cancer – Dr. Sircus
CyberWar, CyberTerrorism, CyberCrime
10/22 Russia prepares to prevent possible US cyber-attacks – SC Magazine UK
10/22 The internet: An invisible battleground – Wall Street Daily
10/21 “Enormous cyber attack” takes down hundreds of websites – Zero Hedge
Off-Topic But Brilliant/Challenging/Infuriating
10/22 What Californians teach rest of country about policy change – LA Times
10/21 The sharing economy is creating a Dickensian world – MarketWatch
10/21 Tesla, rivals joust over how to put self-driving cars on the road – Reuters
10/20 Use of strongest antibiotics rises to record levels on European farms – Guardian
10/19 World’s mammals being eaten into extinction – Guardian
10/19 Big-data algorithms are manipulating us all – Wired
10/18 Greece in 2050: A country for old men – Ekathimerini
10/18 Americans work 25% more than Europeans – Bloomberg
10/18 The greatest bubble ever… & the Federal Reserve can’t see it? – Econimica
10/17 Hunted to brink, Africa’s reviled vultures vital in fight against disease – Guardian
10/15 Visualizing America’s $18 trillion economy (in 3 stunning maps) – Zero Hedge