Did the Sub-Prime 2.0 Bubble Just Burst?

news.goldseek.com / By: Graham Summers / 3 August 2017 As you know, we’ve been tracking the sub-prime auto-loan industry closely. Our view is that this industry represents the worst of the worst excesses of our current credit bubble, much as the subprime mortgage industry represented the worst of the worst …

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Brutal Stagflation And The Coming Impact On Gold & Silver Prices

kingworldnews.com / August 03, 2017 As we near the end of the first week of trading in August, it’s all about brutal stagflation and what this will mean for gold and silver prices. It’s All About Stagflation August 3 (King World News) – Here is what Peter Boockvar noted as the world awaits the next round of …

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Toronto Housing Market Implodes: Prices Plunge Most On Record

zerohedge.com / by Tyler Durden / Aug 3, 2017 2:46 PM Until mid 2017, it appeared that nothing could stop the Toronto home price juggernaut: And yet, In early May we wrote that “The Toronto Housing Market Is About To Collapse“, when we showed the flood of new home listings that had hit …

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AUGUST 3/GOLD RECOVERS FROM LAST NIGHT’S 7 PM FLASH CRASH BUT STILL DOWN $3.65/SILVER DOWN 10 CENTS/DESPITE THE DROP IN PRICE OF GOLD YESTERDAY, OPEN INTEREST RISES BY OVER 7,000 CONTRACTS/WAR OF WORDS BETWEEN INDIA AND CHINA INTENSIFY AS INDIAN TROOPS ARE STATIONED ON DISPUTED CHINESE LANDS/TRUMP TO ANNOUNCE A TRADE WAR WITH CHINA TOMORROW: CHINA IS FURIOUS!/

harveyorganblog.com / by harveyorgan / August 3, 2017  GOLD: $1268.70 DOWN $3.65 Silver: $16.64 DOWN 10 cent(s) Closing access prices: Gold $1268.60 silver: $16.68 SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME) SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME) SHANGHAI FIRST GOLD FIX: $1268.88 DOLLARS PER …

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FDIC’s Hoenig: Bank Lending Weak Because of Payouts (99% Net Income Distribution)

wallstreetexaminer.com / by Anthony B Sanders • August 3, 2017 Thomas Hoenig, the former KC Fed Chairman and current vice chairman of the Federal Deposit Insurance Corporation (FDIC) stated recently that banks are choosing to distribute their earnings to investors rather than lend. WASHINGTON (Reuters) – Big banks say tight U.S. financial regulation forces them …

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