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Wednesday, September 7, 2016

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This New Technology Can “See” Under Ground & May Soon Lead To Massive New Gold Discoveries

Posted: 07 Sep 2016 12:00 PM PDT

Nevada Exploration's testing methods don't touch the top-soil or underlying rocks like traditional exploration companies, but rather, focus on the one element that everyone is aware of but nobody has paid attention to – ground water...     From Mac Slavo, SHTFPlan: For decades, the standard practice used for prospecting hard gold deposits have been limited to […]

The post This New Technology Can "See" Under Ground & May Soon Lead To Massive New Gold Discoveries appeared first on Silver Doctors.

Gold Mining Titans Warke And Panneton Grow A Beauty In California

Posted: 07 Sep 2016 11:34 AM PDT

COMEX Meets Bitcoin: IEX Group Plans Launch of Revolutionary New Gold Exchange

Posted: 07 Sep 2016 11:30 AM PDT

The protagonists of Michael Lewis's book, "Flash Boys: A Wall Street Revolt," are planning a gold exchange that would use elements of block-chain technology to improve transparency and the clearing and settling of trades…   Submitted by Michael Krieger:  This is very interesting. Reuters reports: IEX Group, which rose to prominence with its bid to […]

The post COMEX Meets Bitcoin: IEX Group Plans Launch of Revolutionary New Gold Exchange appeared first on Silver Doctors.

Are You Prepared For the END GAME?

Posted: 07 Sep 2016 11:00 AM PDT

It’s COMING…   Buy 90% Junk Silver at SD Bullion As Low As $1.29/oz Over Spot!

The post Are You Prepared For the END GAME? appeared first on Silver Doctors.

Photos Capture Wheelchair Lift On Hillary’s Special Van – Does Hillary Clinton Have End-Stage Parkinson’s Disease?

Posted: 07 Sep 2016 09:56 AM PDT

Is Hillary Clinton is covering up a MAJOR illness that would make her unfit to serve as president? Just today we learned that there is a wheelchair lift in her van. The only reason why Hillary Clinton would be riding around in a van with a wheelchair lift is because somebody needs it, and I will give […]

The post Photos Capture Wheelchair Lift On Hillary’s Special Van – Does Hillary Clinton Have End-Stage Parkinson's Disease? appeared first on Silver Doctors.

Jumping Ship: Two Central Banks Just Printed Billions In Paper Currency… And Immediately Bought Gold Mining Stocks With It

Posted: 07 Sep 2016 09:45 AM PDT

There can be only one explanation…   From Mac Slavo, SHTFPlan: When former Federal Reserve Chairman Ben Bernanke was questioned by Ron Paul during a 2011 monetary policy report, he famously told the Congressman that gold is not money and the only reason central banks hold it is because of "long-term tradition. " Bernanke's comments have since been […]

The post Jumping Ship: Two Central Banks Just Printed Billions In Paper Currency… And Immediately Bought Gold Mining Stocks With It appeared first on Silver Doctors.

BREXIT: Who’s Next? | Alasdair MacLeod

Posted: 07 Sep 2016 09:40 AM PDT

Is a TIDAL WAVE of European Nations preparing to follow Britain’s lead and extricate themselves from the EU?   Buy 90% Silver at the Lowest Prices Online As Low As $1.29/oz Over Spot! LIVE and Historical Data

The post BREXIT: Who’s Next? | Alasdair MacLeod appeared first on Silver Doctors.

Asset Manager Explains The Mysterious Guardian Of The US Stock Market

Posted: 07 Sep 2016 09:35 AM PDT

US equity markets are at all time highs – coated in as much Teflon as the political world. Oddly enough however, precious metals are having a great year despite the pullback in August. It should appear to both the casual and non-casual observer that there must be a conduit, instigator, call it what you will, […]

The post Asset Manager Explains The Mysterious Guardian Of The US Stock Market appeared first on Silver Doctors.

BRZEZINSKI’S RUSE: AMERICAN EMPIRE IS DEAD, CHINA AND RUSSIA TAKE OVER

Posted: 07 Sep 2016 09:31 AM PDT

I've learned to never take devils like this at their word…   Submitted by Jeff Berwick: Zbigniew Brzezinski has written an article in The American Interest titled "Towards a Global Realignment" that has received a tremendous amount of attention on the internet, along with much gloating. Brzezinski is an architect of the world's current military […]

The post BRZEZINSKI'S RUSE: AMERICAN EMPIRE IS DEAD, CHINA AND RUSSIA TAKE OVER appeared first on Silver Doctors.

Bill Clinton Compares Himself to Robin Hood

Posted: 07 Sep 2016 09:30 AM PDT

No. Seriously…     Submitted by Michael Krieger, Liberty Blitzkrieg: The newly released financial files on Bill and Hillary Rodham Clinton's growing fortune omit a company with no apparent employees or assets that the former president has legally used to provide consulting and other services, but which demonstrates the complexity of the family's finances. Because […]

The post Bill Clinton Compares Himself to Robin Hood appeared first on Silver Doctors.

Gold & Silver: Good Times Are Here! – Stewart Thomson

Posted: 07 Sep 2016 08:30 AM PDT

Against gold, gold stocks have been in a bear cycle since 1996.  That cycle appears to be ending now, and its end will be confirmed by an upturn in bank loan profits and money velocity.  A rising oil price floor could be the catalyst that creates the upturn.  For the Western gold community, good times […]

The post Gold & Silver: Good Times Are Here! – Stewart Thomson appeared first on Silver Doctors.

Despite Downturn, Silver Market Looks Positive

Posted: 06 Sep 2016 09:00 PM PDT

The Gold Report

Breaking News And Best Of The Web

Posted: 06 Sep 2016 05:37 PM PDT

US jobs, service sector growth disappoint, lowering odds of September rate hike and sending stocks, gold higher. Japan preparing major new stimulus, Europe considering it. The war on cash heats up. Central bankers losing credibility while buying equities. Major shipping company collapses. Trump visits Mexico, confusing everyone. Clinton emails remain major problem. Polls tighten.   […]

The post Breaking News And Best Of The Web appeared first on DollarCollapse.com.

Top Ten Videos — September 7

Posted: 06 Sep 2016 05:01 PM PDT

More from Max Keiser and McAlvaney. A new way to explore for gold. The coming financial crisis, viewed from several angles.                       

The post Top Ten Videos — September 7 appeared first on DollarCollapse.com.

The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst

Posted: 06 Sep 2016 04:42 PM PDT

Soap Bubble - Public DomainDo you remember the subprime mortgage meltdown from the last financial crisis?  Well, this time around we are facing a subprime auto loan meltdown.  In recent years, auto lenders have become more and more aggressive, and they have been increasingly willing to lend money to people that should not be borrowing money to buy a new vehicle under any circumstances.  Just like with subprime mortgages, this strategy seemed to pay off at first, but now economic reality is beginning to be felt in a major way.  Delinquency rates are up by double digit percentages, and major auto lenders are bracing for hundreds of millions of dollars of losses.  We are a nation that is absolutely drowning in debt, and we are most definitely going to reap what we have sown.

The size of this market is larger than you may imagine.  Earlier this year, the auto loan bubble surpassed the one trillion dollar mark for the first time ever

Americans are borrowing more than ever for new and used vehicles, and 30- and 60-day delinquency rates rose in the second quarter, according to the automotive arm of one of the nation’s largest credit bureaus.

The total balance of all outstanding auto loans reached $1.027 trillion between April 1 and June 30, the second consecutive quarter that it surpassed the $1-trillion mark, reports Experian Automotive.

The average size of an auto loan is also at a record high.  At $29,880, it is now just a shade under $30,000.

In order to try to help people afford the payments, auto lenders are now stretching loans out for six or even seven years.  At this point it is almost like getting a mortgage.

But even with those stretched out loans, the average monthly auto loan payment is now up to a record 499 dollars.

That is the average loan size.  To me, this is absolutely infuriating, because only a very small percentage of wealthy Americans are able to afford a $499 monthly payment on a single vehicle.

Many middle class American families are only bringing in three or four thousand dollars a month (before taxes).  How in the world do they think that they can afford a five hundred dollar monthly auto loan payment on just one vehicle?

Just like with subprime mortgages, people are being taken advantage of severely, and the end result is going to be catastrophic for the U.S. financial system.

Already, auto loan delinquencies are rising to very frightening levels.  In July, 60 day subprime loan delinquencies were up 13 percent on a month-over-month basis and were up 17 percent compared to the same month last year.

Prime delinquencies were up 12 percent on a month-over-month basis and were up 21 percent compared to the same month last year.

We have a huge crisis on our hands, and major auto lenders are setting aside massive amounts of cash in order to try to cover these losses.  The following comes from USA Today

In a quarterly filing with the Securities and Exchange Commission, Ford reported in the first half of this year it allowed $449 million for credit losses, a 34% increase from the first half of 2015.

General Motors reported in a similar filing that it set aside $864 million for credit losses in that same period of 2016, up 14% from a year earlier.

Meanwhile, other big corporations are also alarmed about the economic health of average U.S. consumers.  Just check out what Dollar General CEO Todd Vasos had to say about this just the other day

I know that when we look at globally the overall U.S. population, it seems like things are getting better. But when you really start breaking it down and you look at that core consumer that we serve on the lower economic scale that’s out there, that demographic, things have not gotten any better for her, and arguably, they’re worse. And they’re worse, because rents are accelerating, healthcare is accelerating on her at a very, very rapid clip.

The stock market may seem to be saying that everything is fine (for the moment), but the hard economic numbers are telling a completely different story.  What we are experiencing right now looks so similar to 2008, and this includes big institutions just dropping dead seemingly out of the blue.  On Tuesday, we learned that ITT Technical Institute is immediately shutting down and permanently closing all locations.  This is from a Los Angeles Times report

The company that operates the for-profit chain, one of the country's largest, announced that it was permanently closing all its campuses nationwide. It blamed the shutdown on the recent move by the U.S. Education Department to ban ITT from enrolling new students who use federal financial aid.

“Two quarters ago there were rumors about the school having problems, but they told us that anyone who was already a student would be allowed to finish," said Wiggins, who works as the assistant manager for a family-run auto parts business and went to ITT to open new opportunities.

"Am I angry?" he said. "I’m like angry times 10 million.”

As a result of this shutdown, 35,000 students are suddenly left out in the cold and approximately 8,000 employees have lost their jobs.

This is what happens during a major economic downturn.  Large institutions that may have been struggling under the surface for quite a while suddenly give up and drop a bomb on those that were depending on them.  In the months ahead, there will be a lot more examples of this.

Already, some of the biggest corporate names in America have been laying off thousands of workers in 2016.  Mass layoffs are usually an early warning sign that big trouble is ahead, so keep a close eye on those companies.

The pace of the economic decline has been a bit slower than many (including myself) originally anticipated, but without a doubt it has continued.

And it is undeniable that the stage is set for a crisis that will absolutely dwarf 2008.  Our national debt has nearly doubled since the beginning of the last crisis, corporate debt has doubled, student loan debt has crossed the trillion dollar mark, auto loan debt has crossed the trillion dollar mark, and total household debt has crossed the 12 trillion dollar mark.

We are living in the greatest debt bubble in world history, and there are signs that this giant bubble is now starting to burst.  And when it does, the pain is going to be greater than most people would dare to imagine.

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