Courtesy of John Rubino.
US GDP up strongly. Deluge of earnings this week, with Apple starting things on a down note, Google and the big banks doing better than expected and Amazon disappointing. The dollar is rising and so is inflation. Major cyber attack hits US east coast. Clinton way up in polls after final debate.
Best Of The Web
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
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
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Breaking News
The Economy
10/28 Asset managers bleed $50 billion as industry crisis deepens – Bloomberg
10/28 Consumer sentiment in US matches lowest reading since 2014 – Bloomberg
10/28 China capital flight flashes warning – Telegraph
10/28 Gap between poor and rich regions in Europe is widening – Economist
10/28 Soybean exports responsible for 1/3 of American growth in Q3 – Zero Hedge
10/28 US advance Q3 gross domestic product up 2.9%, vs 2.5% increase expected – CNBC
10/28 These are the charts that scare Wall Street – Bloomberg
10/28 Gundlach predicts Trump upset, rampant deficits – FA Mag
10/28 Facebook, Amazon, Netflix, Google total 90% of market cap gains – Mish
10/28 October has already set a record for US M&A deals – Wall Street Journal
10/28 Bonds fall, dollar rises as traders mull waning stimulus; oil up – Bloomberg
10/28 Deutsche Bank warns tough times ahead, braces for U.S. fine – Reuters
10/28 With QE near dead, it’s more and more pretzel time – Alhambra Partners
10/27 Google earnings beat expectations, shares surge – Yahoo!
10/27 Amazon’s earnings miss, shares tumble – Yahoo!
10/27 Globalization goes into reverse – Bloomberg
10/27 Qualcomm to buy NXP for $38 billion in biggest chip deal – Yahoo!
Precious Metals
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
10/28 Gold price action in 2016 is a lot like 1976 – Seeking Alpha
10/28 Three gold miners enter. One gold miner leaves – Barron’s
10/28 Why most analysts’ gold & silver price forecasts are wrong – SRSrocco Report
10/28 Extreme positioning in gold, silver, 10-year bonds has moderated – Gavekal Capital
10/27 The single most important buy signal for gold stocks – Casey Research
10/27 What is a Mercury Dime worth? – APMEX
10/27 What are fractional coin sizes? – APMEX
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
Inflation, Deflation, Currency War, Cryptocurrencies
10/28 U.S. labor costs increase 0.6 percent in third quarter – Yahoo!
10/28 Japan consumer prices keep falling, household spending slips – Bloomberg
10/28 Pound tumbles after UK government wins Brexit suit – Zero Hedge
10/28 The vexed question of the dollar – GoldMoney
10/27 Italy’s bond yields touch four-month high as debt supply weighs – Bloomberg
10/27 ECB sees rising costs in ultra-low interest rates, says Mario Draghi – AFR.com
10/27 Currency vs. money: what’s the difference? – Schiff Gold
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
Real Estate Bubble
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
10/26 Why Southern California rents feel so high – Daily News
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
10/28 How Obama helped Trump win the White House – SafeHaven
10/28 Podesta relative earned 6 figures lobbying Clinton’s State Dept – Fox News
10/28 Clinton struggles to contain WikiLeaks damage – Zero Hedge
10/28 Why doesn’t Clinton campaign prove WikiLeaks emails are forged? – Intercept
10/28 The Spectator podcast: Le Pen’s victory – Spectator
10/28 Marine Le Pen won’t be president this time. She’s still winning – Spectator
10/28 Extremism and threats to electoral systems in US, French races – MIR Online
10/27 The dark days of Donald Trump – New York Times
10/27 Poll: Hillary Clinton holds narrow lead over Donald Trump – CBS News
10/27 Inside the Trump bunker, with 12 days to go – Bloomberg
10/27 ‘Bill Clinton Inc.’ outlined in hacked WikiLeaks memo – MarketWatch
10/27 Inside Donald Trump’s one-stop parties – Daily Beast
10/27 US election: Nothing to lose – #SaxoStrats – Trading Floor
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
10/28 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
10/27 Why the country’s first offshore wind farm is such a big deal – Fortune
10/27 Tesla shares flying after posting second quarterly profit ever – CNBC
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
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
10/28 Oregon militants acquitted of conspiracy in wildlife refuge seizure – Reuters
10/28 WikiLeaks Assange first interview since attack – Ron Jeffery Jaxen
10/28 Facebook faces high profile lawsuit over facial recognition tech – Zero Hedge
10/28 Militarized police crack down on Dakota access pipeline protestors – Nation
10/28 This new film shows just how far police miltarization has gone – Mother Jones
10/28 Has World War 3 already started? – Casey Research
10/27 Clinton adviser proposes attacking Iran to aid the Saudis in Yemen – New York
10/27 Putin tried to warn us about Syria three years ago – Anti Media
Self-sufficiency, Food Security, Survival
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
10/27 Are you taking your iodine? – Dr. Sircus
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
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
10/28 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
10/27 Wildlife faces mass extinction on scale of dinosaurs – Yorkshire Post
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