Kerry Lutz's--Financial Survival Network

Like so many other things in life, selling your home is a process. Real estate expert and author Brett Furman suggests that rather than waiting to do the work when you actually list your home, get a head start. It also often pays to bring in a home inspector to evaluate what work needs to be done and how much it will cost to have it completed. That way, you'll know exactly what you're up against and be able to avoid the last minute scramble to get it done. 

Craig Hemke says the Fed works for the banks, not for the people. Therefore, if they determine that it's in the banks' best interest to raise rates they will do it. Forget the burgeoning national debt and the fragile world economy, the only thing that matters to the Fed is the well being of their masters, the Banks, especially the Too Big To Fails. If that seems irrational, it shouldn't. The Fed's real purpose is to protect and to help the Banks flourish. And that's exactly what it's done throughout it's history. 

As usual the numbers don't lie. Gordon T. Long and I predicted over a year ago that the Great News coming out of Detroit was more about easy credit than about solid fundamentals. Fast forward a year and now the truth is beginning to become obvious. Auto leasing is way up and the supply of cars about to come off-lease is going sky high, thus driving used and new car prices down. Around the globe auto makers are going to take a major hit. From China, to Germany, to Mexico, to the good old USofA, the story is the same. Markets artificially goosed up by easy credit. But the day of reckoning is getting closer. 

What's Not Imploding Now Wednesdays With Andrew Hoffman:

Pre-FOMC meeting

-why the Fed would consider a rate hike, when it would be such a suicidally stupid move

-"the only financial event that could be as cataclysmic as a signficant Yuan devaluation"

Exploding global PM demand

-u.s, china, india

collapsing supply

-retail, comex, shanghai, etc.

yesterday's article re: PMs, "the best ever fundamentals, and the worst-ever prices"; and the day before's "story of 2016," as PM supply/inventories/miners vanish