Courtesy of John Rubino.
Private sector jobs growth disappoints, auto sales slip. 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
The clear and present danger list for the week ending Oct. 28 – Deep Connections
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
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Breaking News
The Economy
11/02 Global stocks fall, bonds rise with gold amid election jitters – Bloomberg
11/02 In Greece, property is debt – New York Times
11/02 Maersk shares sinks as shipping industry woes hurt profits – Bloomberg
11/02 “Sustained convergence”: Most important words from Frankfurt – Gold Republic
11/02 Oil tanks after biggest inventory build in 34-year history – Zero Hedge
11/02 New York ISM contracts for third month, worst streak in 7 years – Zero Hedge
11/02 Bank of Japan signals onus is now on Abe government – Bloomberg
11/02 Private sector created fewer than expected jobs in October – CNBC
11/02 Auto sales slip but bigger vehicles flourish – USA Today
11/02 Recessions, predictions and the stock market – Acting Man
11/02 Retail sales poised to suffer on higher medical, rental inflation – Mish
11/02 Korean shipbuilders collapsing – Wolf Street
11/02 Pension debt ‘like a mortgage?’ – Michigan Capitol Confidential
11/02 Illegitimate stock markets back Hillary – Daily Bell
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
Precious Metals
11/03 Gold price heads for $1,300 as Trump poll lead sparks ‘panic’ – The Week
11/02 Buy gold no matter who wins the election, HSBC says – Bloomberg
11/02 The Rosen market timing letter – 321Gold
11/02 Gold Prices: “potential wildfire waiting for the right spark” – MunKnee
11/02 3 major catalysts are poised to send gold to the moon – Casey Research
11/02 These gold, silver stocks are flashing buy signals on Trump, dollar – Investors
11/02 Three precious metals candidates for the next round of M&A – Streetwise Reports
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
Inflation, Deflation, Currency War, Cryptocurrencies
11/02 Central banks and the revenge of politics – Project Syndicate
11/02 Brexit so complex it could overwhelm politicians – Guardian
11/02 Here’s one clear sign UK inflation is poised to jump – Bloomberg
11/02 Venezuela’s currency disintegrates: Bolivar plummets 20% in one week – Zero Hedge
11/02 Eurozone economy grows at muted rate as inflation picks up – ABC News
11/02 Bank of Canada says considered raising inflation target – Kitco
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
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
11/02 Politics as usual is dead – Charles Hugh Smith
11/02 Hillary Clinton: Wall Street’s favorite enemy – Reuters
11/02 Clintons under multiple FBI investigations – Wall St. On Parade
11/02 Hillary Clinton is irreparably damaged, even if she wins – MarketWatch
11/02 After another release of documents, FBI caught in a partisan fray – Washington Post
11/02 Trump tells early voters to to change their ballots – ABC News
11/02 Alternative to Hillary and Donald – the Libertarians and Green – MunKnee
11/02 DOJ’s Peter Kadzik exposed colluding with Clinton campaign – Zero Hedge
11/02 The Podesta emails show how America is run – Guardian
11/02 Confidence even as Hillary Clinton’s momentum slows – New York Times
11/02 The establishment’s been unmasked – Daily Reckoning
11/02 BleachBit looks to “clean up” – Zero Hedge
11/02 Good news for Trump: Obamacare “near collapse” in Minnesota – Mish
11/02 Hillary’s and Trump’s ‘sins’: why they are both unpopular – Business Insider
11/01 Podesta to Mills: “Dump all those emails” – Zero Hedge
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
11/02 The lithium boom has a new player in Argentina – 321Gold
11/02 Amazon orders wind farm in Ohio to help power cloud business – Seattle Times
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
Art of the Collapse
11/02 Anthony Weiner sends apology sext to entire Clinton campaign – Onion
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
11/02 NATO builds up offensive capability on borders of Russia & Belarus – RT
11/02 Turkey rejects Europe’s ‘red line’ on press freedom after detentions – Reuters
11/02 Why is MI5 making such a fuss about Russia? – Guardian
11/02 Battle for Mosul intensifies as Iraqi forces enter city – MarketWatch
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
Self-sufficiency, Food Security, Survival
11/02 Electroacupuncture lowers hypertension by activating natural opioids – Kurzweil
11/02 The clever pen on a mission to finally kill the tape measure – Wired
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
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
11/02 New study debunks consensus that math abilities are innate – Kurzweil
11/02 Chain-smoking robot not just hilarious – it’s a big deal – Wired
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
