“Wave Of Disaster” Threatens U.S. Mortgage Market

Today’s AM fix was USD 1,250.75, EUR 919.80 and GBP 767.99 per ounce.Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce. Gold fell $6.70 or 0.54% yesterday, closing at $1,242.10/oz. Silver slid $0.17 or 0.85% closing at $19.85… [...]

“Wave Of Disaster” Threatens U.S. Mortgage Market

Today’s AM fix was USD 1,250.75, EUR 919.80 and GBP 767.99 per ounce.Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce. Gold fell $6.70 or 0.54% yesterday, closing at $1,242.10/oz. Silver slid $0.17 or 0.85% closing at $19.85… [...]

A Bull Market In $1,000 Faucets As Home Equity Loans Soar

Submitted by Michael Krieger of Liberty Blitzkrieg blog, “People don’t want granite countertops — they want marble costing at least 25 percent more,” said Mroz, owner of Michael Robert Construction in Westfield, an affluent town… [...]

Guest Post: Take It To The Bank

Submitted by Jim Quinn of The Burning Platform blog, Reports like the recent one from SNL Financial – Branch Networks Continue to Shrink really get my goat. As I travel the increasingly vacant highways of Montgomery County, PA I’m keen… [...]

Q3 Earnings Roundup: Banks, Non-Banks and the FOMC

The big news from the Q3 2013 earnings announcements so far is that the mainstream financial media has discovered non-bank financials.  The non-bank sector has been growing fast, this as the traditional financials comprised of depositories and bro… [...]

Frontrunning: November 1

US admits surveillance on foreign governments ‘reached too far’ (FT) He must be so proud: Obama halted NSA spying on IMF and World Bank headquarters (RTRS) Obamacare website gets new tech experts; oversight pressure grows (Reuters) R.B.S. to Split… [...]

John Taylor Explains Why Economic Failure Causes Political Polarization

Authored by John Taylor, originally posted at WSJ.com, It is a common view that the shutdown, the debt-limit debacle and the repeated failure to enact entitlement and pro-growth tax reform reflect increased political polarization. I believe this gets t… [...]

Frontrunning: October 25

Contractors describe scant pre-launch testing of U.S. healthcare site (Reuters) Carney Says BOE Revamp Offers Wider Access to Cheaper Funds (BBG) Help wanted in Fukushima: Low pay, high risks and gangsters (Reuters) Merkel and Hollande to change intel… [...]

Retail Sales Slow As Shopping Season Heats Up

Submitted by Lance Roberts of STA Wealth Management, While the specter of the debt ceiling debate continues to haunt the halls of Washington D.C. it is the state of retail sales that investors should be potentially focusing on.  While the latest … [...]

Legally Destroying the Economy

Originally posted at: CapitalistExploits.at Over-burdensome regulation and massive liability exposure is stifling business and creativity, slowing the flow of capital globally and stagnating economic growth. Let’s look at the facts… The IMF has downg… [...]