Category: Economics & Investing

The new-new subprime is with auto loans. More data reflects a troubling trend. Repossessions are up 70 percent in the last quarter, but what can we expect when one-third of new auto loans are now in the form of subprime debt? This is a $920+ billion market here: The new subprime is in auto loans: One third of all new auto loans are of the subprime variety. Repossession are up 70 percent. o o o Bankers Manipulation of Gold & Silver: Proof in The Demand Data o o o U.S. And Australia Chasing Qatar for LNG Supremacy

Chinese renminbi becomes directly tradable with the euro. – J.W. o o o Items from Mr. Econocobas: Gold Bulls Retreat as Short Holdings Rise to Highest Ever September Jobs: Some Numbers Bubblevision Didn’t Mention S&P 500 Companies Spend 95% of Profits on Buybacks, Payouts “Ignore At Your Peril”: A Review Of The Great Deformation

I’m not usually one for conspiracy theories, but I have to admit, this is certainly one way to cope with an impending economic collapse without declaring war. Do these ten pieces of evidence prove the U.S. government is actively encouraging an Ebola outbreak in America? o o o Those not in the labor force but looking for a job now rose last month: The funny numbers behind the unemployment rate. o o o Labor Participation Rate Drops To 36 Year Low o o o What to Hold When the U.S. Economic Blimp Deflates o o o Gold Manipulators “Should Be …

4 Of 5 Top Job Additions In September Were Low Or Minimum Wage o o o “Money Bubble” Predictions Coming True, Part 1: Stock Market Volatility Surges o o o Items from Mr. Econocobas: The Neverland Of NIRP: Where Free Fed Money Kills Honest Price Discovery Labor Participation Rate Drops To 36 Year Low; Record 92.6 Million Americans Not In Labor Force Russia, Iran to Boycott US Dollar in Bilateral Trade

“Hiring Grandparents Only”: 230K September Jobs Added In 55-69 Age Group; 10K Lost In Prime, 25-54 Group – G.G. o o o The middle class is poorer today than it was in 1989. – T.J. o o o Items from Mr. Econocobas: ECB Reveals Asset Purchase Plan, Skimps on Detail Video: Interview with G. Edward Griffen – Thoughts On Gold And What Makes The Fed Such A Dangerous Organization Yen’s Steepest Decline in 20 Months Spreads Unease in Japan U.S. Apartment Vacancies Rise for First Time Since 2009

Alan Greenspan: Gold Is “Universally Acceptable” and Why China Is Buying o o o One World, One Bank, One Currency o o o Items from Mr. Econocobas: Video: Peter Schiff: Biggest Crisis Ever Looms – 25mins long but very good. August Construction Spending Weakens US Mortgage Activity Remains Stuck in Neutral Consumer Comfort in U.S. Declined Last Week to Four-Month Low

Final Push Down In Silver To Set Up Massive Surge Above $100 . – J.W. o o o Items from Mr. Econocobas: Home Prices in U.S. Rise at Slowest Pace in Almost Two Years Three Reasons Why The Stock Market Top Is In

Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and silver and examine the “what” and “why” behind those numbers. The marketplace in September was dominated by two big factors– paranoia over when exactly the Federal Reserve would start raising rates and the absolute dominance of the U.S. dollar in the currency markets. These two factors not only affected precious metals, but they caused large gyrations in the stock market, especially towards the end of the month. Precious metals …

The U.S. Government Is Borrowing About 8 Trillion Dollars A Year o o o Items from Mr. Econocobas: Economists Slash Q3 GDP Forecast, But See Steady Growth Ahead “Yo” – This Market is Set For a Major Correction Video: Peter Schiff- Bubble Economy Can’t Survive Without Fed’s Cheap Money U.S. Consumer Confidence Falls In September

One-fifth of U.S. workers were laid off in past five years, study says – G.G. o o o When income growth hits a brick wall o o o Two inflation hawks to leave Fed. – RBS Items from Mr. Econocobas: Pending Sales of U.S. Existing Homes Fell 1% in August Is There a Subprime Auto Loan Bubble?

Leaving dead presidents in peace. In short, the bankers and governments would like to coerce people to buy things they do not need and to invest in an unstable and corrupt system. Greed and corruption know no bounds. – K.K. Global Market Collapse & Wealth Destruction Is Now Upon Us . – J.W. o o o Russia’s Gold Reserves Continue To SOAR o o o Items from Mr. Econocobas: Consumer Comfort in U.S. Falls to Lowest Since Early June

Is U.S. Gas Really Expensive, And Will It Get Cheaper? – J.S. o o o Gold to go, anyone? – G.G. o o o Items from Mr. Econocobas: Peak Debt: Why The Keynsian Money Printers Are Done The Escape Velocity Delusion: Running Out Of “Next Year” Bank of Japan Emerging as Big Japanese Stock Buyer Largest Public Pensions Face $2 Trillion Hole, Moody’s Says

1 in 4 Americans 25-54 Not Working. – G.G. o o o Items from Mr. Econocobas: Treasuries Gain on Jobless Claims Amid Demand for Yield U.S. Durable Goods Orders Fall 18.2% in August Is Student Loan Debt Hurting the Housing Recovery?– This is far from the only issue, but it is an issue. Bearish Housing Bets Building on Interest Rate Concerns

Tax Man Uses Drones to Root Out Wealthy Tax Evaders o o o Items from Mr. Econocobas: Standard & Poor’s Warns on Germany Triggering the Next Debt Crisis, Investors Would Lose their Shirts Bubble Finance At Work: Asset Inflation For The 1% This Is About As Good As Things Are Going To Get For The Middle Class – And It’s Not That Good Silver Tumbles To 4 Year Lows As Massive Sell Order Hits At Market Open