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More evidence of an economic slowdown. In August, change in Commercial & Industrial lending for below zero While this disturbing news points to a declining demand for C&I loans, it is no less disturbing than the resemblance between VP candidate Mike Pence and Johnny Quest's Race Bannon.
In ordinary times, a sagging economy would spell doom for the incumbent political party (in this case, the Democrats). But these are not ordinary times, my friends. Case in point. Real Gross Private Domestic Investment fell -2.93% YoY as of the end of the second quarter. It is a trend that started in Q1 of…
Well, it is October when mortgage applications tend to slow. So, down 6% from the previous week is not a shock. However, applications to refinance mortgages fell 8% from the previous week as 30 year mortgage rates remain low.
will a political storm sweep Fed Chair Janet Yellen after the election that will force her to quit before her term ends in February 2018?
The king of base metals is in big trouble as indicators point to a breakdown of the global copper industry. This goes well beyond the typical “slowdown” or “downturn” in the copper market. Instead, we are going to witness what I refer to as “Copper Industry Carnage.”
With diplomatic relations between Moscow and Washington at their lowest point since the Cold War, turning on Russian television can be an alarming experience. Russia’s main current affairs show, hosted by a presenter known by critics as the country’s propagandist-in-chief, recently spent two hours warning that Russia would defend itself with nuclear arms. "We’ve had it with American abuse over Syria," the show’s host, Evgeny Kiselyov, told his audience.
    Russia Preparing for War?
Oct 14, 2016 - 04:31:23 PDT
The Russian press is now reporting that the Russian Defense Ministry intends to turn the Crimean peninsula into an impregnable fortress. It will be not only a
A new study finds the average woman will spend 70 percent of her benefit payouts on medical expenses.
    Thanks Obama – My Healthcare Plan Was Just Canceled
Oct 14, 2016 - 04:23:06 PDT
In the run-up to the passage of Obamacare, President Obama repeatedly assured the American public that “If you like your healthcare plan, you can keep your healthcare plan.”
A growing number of people in Obamacare are finding out their health insurance plans will disappear from the program next year, forcing them to find new coverage even as options shrink and prices rise.
I do not know about you, but I think the following is quite alarming; The Russian government has told Russian students studying abroad to immediately return to Russia:
It’s going to be devastating for most people... I believe there is going to be an enormous wealth transfer... This crash is going to be deflationary, and it will be […]
Rising inflation & sagging confidence in the ability of central banks to revive global growth will drive up gold, according to Incrementum AG
    UBS: Gold Is Setting up for a Big Comeback
Oct 13, 2016 - 14:12:58 PDT
"A slow moving Fed and a moderate pickup in inflation should push real interest rates deeper into negative territory in 2017
    Gold Prices Rise as Dollar, Equities Pull Back
Oct 13, 2016 - 14:10:33 PDT
The downbeat figures triggered a fall in global equities & a drop in the U.S. dollar and gave a lift to safe-haven assets, such as gold
There is a better than a coin toss chance that we do not have an election. During the debate, Trump basically said he’d have his Attorney General appoint a Special […]
SKYROCKETING Fed Reverse Repos are trying to tell us something: 
Hedge funds have quickly started withdrawing their cash from Deutsche Bank. This is a BIG deal…
    British Bond BLOODBATH! - Harvey Organ
October 13, 2016
They now have a British bond bloodbath occurring right after a huge downfall in the currency:
    Why Billionaires Are Buying Gold
Oct 13, 2016 - 06:01:35 PDT
For every $100 on deposit, the FDIC has only $1.15 with which to back it.