Courtesy of John Rubino.
US GDP 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
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
Inflation about to explode higher – Burning Platform
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Breaking News
The Economy
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
10/29 Bond traders suffer worst rout in three years as selloff deepens – Bloomberg
10/29 States and cities are drowning in pension debts – R Street
10/29 Why the “rates will never rise” argument doesn’t hold up – Wealth Management
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
Precious Metals
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
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
Inflation, Deflation, Currency War, Cryptocurrencies
10/30 Bitcoin conquers price barrier, passes $700 – Coin Telegraph
10/30 Swiss railway ticket machines to sell Bitcoin digital currency – BBC
10/29 Bitcoin is soaring: up over 10% in one week on Chinese buying spree – Zero Hedge
10/29 French, Spanish inflation falls short of ECB target – MSN
10/29 ECB will provide stimulus until sustained inflation rebound – EuroNews
10/29 German inflation hits two-year high in October, good news for ECB – Reuters
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
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
10/30 Donald Trump exults as Hillary Clinton’s team scrambles – NY Times
10/30 Huma Abedin, Hillary Clinton, and a test of loyalty – NY Times
10/30 Throw Huma under the bus? Automatic Earth
10/30 Professor who predicted 30 years correctly doubles down on a Trump – WaPo
10/29 10,000+ emails belonging to Huma Abedin found on Weiner’s laptop – Zero Hedge
10/29 Bernstein: FBI reopening case – Real Clear Politics
10/29 2006 audio emerges of Hillary Clinton proposing rigging Palestine election – Observer
10/29 China laughs, says US choosing between ‘crazy guy’ and ‘swindler’ – Daily Caller
10/29 ABC/Wapo effectively admit to poll tampering – Zero Hedge
10/29 AI: Trump will win the election and is more popular than Obama in 2008 – CNBC
10/29 Polls tighten for Trump but along came GDP – CNBC
10/29 FBI reopens Clinton probe: too little too late? Surprising Krugman Tweet – Mish
10/29 Michelle Obama and HIllary Clinton hit the road together – Time
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
10/30 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
10/27 Why the country’s first offshore wind farm is such a big deal – Fortune
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
10/30 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
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
Self-sufficiency, Food Security, Survival
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
10/27 Are you taking your iodine? – Dr. Sircus
10/24 Video: Losses hurt more than gains help – Peak Prosperity
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
10/30 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
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