by Kerry Lutz, Financial Survival Network:

John Rubino is back for another weekly installment… There’s an established pimp running for the Nevada legislature, but Wall Street has been pimping itself out for years. Just look at the array of so-called financial products that can help you get higher yields in a low yield environment. But at what cost? Now, more and more sub-prime auto bonds are finding their way downstream. This is going to have a negative impact upon many people who can least afford it. And best of all, according to John, we’re heading into the peak seasonal precious metals buying in Sept-December.

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