Courtesy of John Rubino.
Deluge of earnings this week, with Apple starting things on a down note. The dollar is rising and so is inflation. Corporate debt and earnings becoming major near-term risks. China’s mortgage bubble is the biggest ever. US auto sales start to fall. Major cyber attack hits US east coast. Clinton way up in polls after final debate.
Best Of The Web
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
Inflation about to explode higher – Burning Platform
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
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Breaking News
The Economy
10/26 Saudi Arabia faces tough OPEC equation with mounting ‘exemptions’ – Bloomberg
10/26 Here’s how Goldman Sachs lays people off – Bloomberg
10/26 Weekly commentary – McAlvany
10/26 Woe in the oilfield: 213 companies have now declared bankruptcy – Fuel Fix
10/26 Austria sells €2 billion in 70 year bonds – Talk Markets
10/26 The next financial crisis – Daily Reckoning
10/26 Nomi Prins: Deutsche Bank in the dumps – Daily Reckoning
10/26 Big bad boogeyman of China actually has a major debt problem – The Street
10/26 Will NIRP devastate European banks’ profits? – Seeking Alpha
10/26 Insider stock buying drops to lowest level in five years – Zero Hedge
10/25 Apple shares fall on 3rd straight down quarter – CNBC
10/25 The deficit is too small, not too big – Hill
10/25 Ratings inflation is back, subprime style – Bloomberg
10/25 Why there’s no economically sustainable price for oil anymore – Talk Markets
10/25 Monte Paschi plunges as much as 39% on debt-for-equity fears – Zero Hedge
10/25 1/5 of young adults live with their parents or grandparents – Important News
10/25 Flash manufacturing report shows strongest upturn year – Mish
Precious Metals
10/26 Gold: The Kardashian of commodities? – Sputnik News
10/26 Silver prices in an exponential financial system – Deviant Investor
10/26 I dislike gold, BUT couldn’t get any cash – SRSrocco Report
10/26 Is now a golden opportunity to buy Newmont Mining? – Motley Fool
10/26 Three resource equities that are worth a closer look – Gold Report
10/25 Gold & central bank confidence – 321Gold
10/25 Indian, Chinese love affairs with gold turn financial – GATA
10/25 As yuan sinks, Goldman sees rising gold demand in China – GATA
10/25 How one billionaire became a gold bug – Mish
10/25 Shanghai settles 96% of gold trades in physical metal – Gold Eagle
10/25 Gold price: Hedge funds abandoning market at record pace – Mining.com
10/25 Endeavor Silver’s high grade, silver-gold vein mineralization – Junior Mining Network
10/25 Imploding demographics, the ultimate central bank killer – Miles Franklin
10/25 If you are worried about the action in gold & silver – King World News
10/24 Marc Faber on why commodity prices will rise, oil to hit $70 soon – CNBC
10/24 For gold miners, a huge week ahead – Seeking Alpha
10/24 Gold: This is a dip, so buy it; do not sit on the fence – MunKnee
10/24 Gold green lights upleg – 24hGold
10/24 Gold, interest rates, & inflation and deflation – 24hGold
10/24 Koos Jansen: Austrian central bank conceals gold audit and bar list – GATA
10/24 Canadian gold miner’s $1.1B buy of Colorado’s Thompson Creek Metals – 9News
10/24 Gold and the USD: You’ve been warned – Investing
Inflation, Deflation, Currency War, Cryptocurrencies
10/26 China tightens capital controls amid yuan’s continuing slide – Nikkei
10/26 Euro ‘unequivocally bad’ for Southern European economies – Zero Hedge
10/26 Brexit common sense from Sweden; export pain from EU goats – Mish
10/26 Intel’s new tech brings high security to bitcoin wallet users – Finance Magnates
10/26 Fed needs to get to inflation goal sooner: Evans – Reuters
10/26 UK inflation expectations surge as Brexit fuels pound drop – Bloomberg
10/26 Lower bound for Swiss rates not reached yet: SNB’s Jordan – Investing.com
10/26 Draghi in Berlin asks for action to reverse long-term rate slide – Bloomberg
10/25 US dollar spikes to fresh 8-month highs as Dec rate hike odds top 70% – Zero Hedge
10/25 Offshore yuan trades near record low as PBOC seen allowing drop – Bloomberg
Real Estate Bubble
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
10/26 Why Southern California rents feel so high – Daily News
10/25 Case-Shiller home prices rise to 2006 record highs – Zero Hedge
10/24 Europe’s banks think they’re incredibly safe – Bloomberg
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
10/26 Washington: Don’t think it’s over when Trump loses – Forbes
10/26 Florida once again a focus in 2016 campaign – Wall Street Journal
10/26 Most Americans do not feel represented by Democrats or Republicans – Guardian
10/26 “Trump’s election will be the biggest fuck you ever recorded” – Zero Hedge
10/26 The rise of the politics of rage – Zero Hedge
10/26 Poll: Young voters now coming through for Hillary Clinton – AP
10/26 Democrats should be glad Hillary’s opponent was Trump – NY Daily News
10/26 Clinton turns fire on down ballot Republicans – CNN
10/26 It’s still the media, stupid! – Antonius Aquinas
10/26 Trump talks about Hillary in video, and it is brutal to watch – Resurgent
10/25 2016: The final season of the United States reality show – Anti Media
10/25 Clinton leads by 5 heading in to final two weeks – CNN
10/25 How democrats killed their populist soul – Atlantic
10/25 Slouching towards election day – Kunstler
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
10/26 Global renewable power capacity overtakes coal – Telegraph
10/26 SolarCity headed for default without Tesla – Seeking Alpha
10/26 Ultra-low-power transistors could function for years without a battery – Kurzweil
10/26 Perovskite: Game changer for solar energy? – Utility Dive
10/26 Spain working towards 100% renewable energy – IB Times
10/25 Two clashing visions of how America will power its cars, homes – Reuters
10/25 Recording on plan to confuse FL voters about solar amendment – Greentech Media
10/25 A look at Pegasus Solar’s PV mounting system – Greentech Media
10/25 Is SolarCity abandoning Silevo’s high-efficiency PV technology? – Greentech Media
Art of the Collapse
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
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
10/26 Islamic state in Africa tries to lure members from al-Shabaab – Wall Street Journal
10/26 Calais Jungle camp clearance accomplished, prefect says – Reuters
10/26 NATO seeks troops to deter Russia on eastern flank – Reuters
10/26 AT&T is spying on Americans for profit, new documents reveal – Daily Beast
10/26 Jill Stein correct about U.S. bombing seven countries – Politifact
10/26 Russia’s ‘Satan 2’ missile could ‘wipe out UK, France or Texas’ – Telegraph
10/26 Russia is quietly winning the Middle East – nobody talking about it – Anti Media
10/26 No one is helped when police officers train for war – SF Chronicle
Self-sufficiency, Food Security, Survival
10/24 Video: Losses hurt more than gains help – Peak Prosperity
10/24 How LED lighting may compromise your health – Mercola
10/24 8 fall-blooming flowers friendly to bees, birds, and butterflies – Modern Farmer
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
CyberWar, CyberTerrorism, CyberCrime
10/26 Is this Obama’s idea of a cyberwar? – Zero Hedge
10/25 How experts traced the DNC hack to Russian spies – Bloomberg
10/25 Inside the cyber attack that shocked the US government – Wired
Off-Topic But Brilliant/Challenging/Infuriating
10/26 These Antarctic glaciers are melting at a ‘staggering’ rate – Gizmodo
10/26 Uber’s self-driving truck makes its first delivery: 50,000 beers – Wired
10/25 ‘Siri, catch market cheats’: Wall Street watchdogs turn to A.I. – Reuters
10/24 ‘Arrogant’ Bob Dylan angers Nobel authorities – CNBC
10/24 Male pill one step closer as scientists make ‘startling’ discovery – Telegraph
10/23 Geoengineering – First order insanity – Dr. Sircus
10/23 US support for legalizing marijuana hits all-time high – Zero Hedge
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