Courtesy of John Rubino.
October jobs growth disappoints but wages rise. Auto sales slip. US GDP, consumer spending up strongly, will be revised downward after the election. Global stocks down on interest rate, election, strong dollar fears. 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
11/05 Junk-bond sales cool in market’s worst slump since February – Bloomberg
11/05 Unfunded pension liabilities exceed debt for many US govs – Moody’s
11/05 Is China repeating Japan’s missteps? – Bloomberg
11/05 FOMC revisions likely, regardless of election result – Schiff Gold
11/05 Unintended consequences of massive govt debt – FRA
11/05 Global non-financial debt stands at $US152 trillion – Business Insider
11/04 US stocks post longest slide since 1980 – Bloomberg
11/04 OPEC boss denies report that Saudis threatened output hike – CNBC
11/04 Multiple jobholders hit 21st century high, as full-time jobs tumble – Zero Hedge
11/04 Analysis of recent employment report – Mish
11/04 Trump presidency could mean a “material repricing” of bonds – Bloomberg
11/04 US October jobs growth below expectations, but wages rise – CNBC
11/04 Asian stocks fall as investors seek safe havens – CNBC
11/04 Why interest rates may rise more than expected in 2017 – 24/7 Wall St.
11/04 DOJ preparing massive probe into generic drug price-fixing – Zero Hedge
11/04 For Crispen Odey the “endgame” arrives after assets plunge – Zero Hedge
11/04 Equity derivatives flash Brexit-like “panic signal” – Zero Hedge
Precious Metals
11/05 More weakness ahead in gold stocks – Daily Gold
11/04 Gold may be the only winner in US elections – GoldCore
11/04 Gold surges while stocks and bonds melt – 321Gold
11/04 Gold traders get bullish ahead of election – Seeking Alpha
11/04 Decoding the gold cycle – Daily Reckoning
11/04 Free gold investment kit – Birch Gold
11/04 Why your financial advisor will not recommed gold – Mountain Vision
11/04 World’s fifth-biggest gold miner pleasantly surprised – Mining.com
11/04 Randgold hopes to raise divi after “strong” Q3 – Proactive Investors
11/03 Royal Gold reports record quarterly revenue and earnings per share – Business Wire
11/03 Gold still in a bull market – Gold And Liberty
11/03 Gold on steroids: the perfect election trade – Daily Reckoning
11/03 Great Panther reports Q3 profit – Great Panther
11/03 Why gold ‘only clear winner’ among commodities if Trump wins – MarketWatch
11/03 Gold backs off on profit taking, Brexit news – Kitco
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
Inflation, Deflation, Currency War, Cryptocurrencies
11/05 BoE warns households to expect 2017 rise in inflation – Guardian
11/05 Rosenberg: Limits of monetary policy have arrived – ETF
11/05 Inflation is a valuable tool. Too bad we can’t use it – Bloomberg
11/05 In search of accelerating inflation – CEPR
11/05 “Am I too late to short the renminbi?” – Capitalist Exploits
11/04 Fed independence should be scrapped, says Summers – MarketWatch
11/04 Strong euro halves France’s car production – Gefira
11/04 Egypt Central Bank devalues currency by 48% – Al Jazeera
11/04 Global tally of negative interest rates continues to decline – 24/7 Wall St.
11/04 Pound soars as Bank of England opens door to rate hike – MarketWatch
Real Estate Bubble
11/05 Miami-Dade real estate had a rough 3 months – Miami Herald
11/04 Toronto home prices surge in October, undaunted by new rules – Bloomberg
11/04 Mortgage rates jump as inflation stirs to life – MarketWatch
11/03 The mega rich have found an unlikely new refuge – Bloomberg
11/03 Vancouver home sales fall 39% as new rules chill market – Bloomberg
DollarCollapse Podcasts
11/04 Instability on the horizon
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
Politics
11/05 Trump has never been closer to presidency than now – Washington Post
11/05 Trump invokes ‘pervert’ Anthony Weiner in ad attacking Clinton – Huffington Post
11/05 Clinton just got some scary-looking polls in New Hampshire – Vox
11/05 Hillary Clinton with a lead, but not a safe one – New York Times
11/05 Nate Silver gives Trump a 35% chance in New Hampshire – Mish
11/05 Huma Abedin headlines D.C. fundraiser for Hillary Clinton – CBS News
11/05 Clinton knew Saudis fund ISIS, still took their money – 21st Century Wire
11/05 Against the Libertarian party – Jacobin
11/04 Trump gains ground on Clinton – Reuters
11/04 Republican voters rallying to Trump leave leaders in awkward spot – Bloomberg
11/04 Clinton has narrow edge on Trump with 5 days until election – Bloomberg
11/04 ‘The FBI is Trumpland’: anti-Clinton atmosphere spurred leaking – Guardian
11/04 Yes, Donald Trump can win. Here are 4 maps that prove it – WaPo
11/04 Trump banks on New Hampshire to clinch win – Real Clear Politics
11/04 Assange: Clinton & ISIS funded by same money – RT
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
11/05 Renewable energy grows in an unlikely place: the sunny Mideast – New York Times
11/05 Tesla’s price shock: Solar + battery as cheap as grid power – Renew Economy
11/04 Historic climate pact enters into force – Yahoo!
11/04 Shell, total CEOs question solar – Bloomberg
11/04 Nuclear plants leave decades of toxic waste stranded – Bloomberg
11/04 End of the US major oil industry era – SRSrocco Report
11/04 First Solar reports income, revenue plunge from low Chinese demand – Biz Journals
11/03 First Solar in re-evaluation of production, module tech strategies – PV-Tech
Art of the Collapse
11/04 Black Jeopardy is best political sketch this year – WaPo
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
11/05 The Standing Rock victory you didn’t hear about – Yes Magazine
11/05 Civil War II – Foruth Turning intensifying (part 2) – Burning Platform
11/05 USA Freedom Act: Ron Paul was right again – Campaign For Liberty
11/05 Sleepwalking into a new Cold War, Pentagon style – Ron Paul Institute
11/04 Turkey police round up Kurdish leaders in late night raid – Bloomberg
11/04 Social media sites down in Turkey on apparent internet ban – Independent
11/04 Media more likely than Russian hackers to tamper with election – Examiner
11/04 Something big is underway on all fronts – SHTF Plan
Self-sufficiency, Food Security, Survival
11/05 The secret to staying young is broccoli and cabbage – MarketWatch
11/04 How to counteract the ill effects of working the night shift – Mercola
11/04 What happens to your body if you only drink Coke for a month – Genius Football
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
CyberWar, CyberTerrorism, CyberCrime
11/05 ?Google’s Chrome hackers about to upend idea of web security – Wired
11/04 The internet of things is a cyberwar nightmare – Foreign Policy
11/04 White House readies to fight election day cyber mayhem – CNBC
Off-Topic But Brilliant/Challenging/Infuriating
11/04 Face electrodes let you taste and chew in virtual reality – New Scientist
11/04 Robot sex act to be offered with your latte at Swiss café – CNBC
11/04 Part of CA pulled out of five-year drought thanks to October rain – CNBC
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