Courtesy of John Rubino.
Glboal stocks falling on Fed fears, S&P now down for the year. Gold and silver get their long-awaited correction. Saudi Arabia starts acting like Chicago. Brexit, The Movie, crushes the European project and a former European spymaster wonders if the EU has “run its course”. China’s debt bomb debated and visualized. The negative feedback loop that’s chasing investors out of the market.
Best Of The Web
Central banks are powerless “they should go away” – Mish
The negative interest rate gap – Club Orlov
British spymaster fears the EU has “run its historical course” – Zero Hedge
Brexit risks in 2016 – the movie – Gold And Liberty
CERN discovers new particle called the FERIR – Automatic Earth
“The global negative feedback loop” – Zero Hedge
China’s debt bomb: no one really knows the payload – Visual Capitalist
Tomgram: Noam Chomsky, the challenges of 2016 – Tom Dispatch
The inevitability of unintended consequences – Peak Prosperity
Ominous portents – Credit Bubble Bulletin
Ludwig von Mises’s top 9 quotes on gold – Mises Institute
Finance + stress = suicide – Automatic Earth
Corruption and cronies – Financial Sense
Cash bans, gold, NIRP, and the zombie apocalypse – Seeking Alpha
The Economy
5/19 US weekly jobless claims total 278,000 vs 275,000 estimate – CNBC
5/19 Emerging markets decline as Fed move in June seen as possibility – Bloomberg
5/19 Violent struggle over oil and money rattles global energy market – Bloomberg
5/19 Trading floors ‘quiet’ as revenue drops – Bloomberg
5/19 The biggest bubbles: China vs. the US – Sprott
5/19 This S&P 500 death cross could be the real deal – Bloomberg
5/19 Caterpillar retail sales fall for record 41 consecutive months – Zero Hedge
5/19 Dow falls triple digits, erases year-to-date gains – CNBC
5/19 “Weaker currencies would help global growth but not hurt US” – Forex Live
5/19 Illinois state workers, highest paid in nation, demand 11.5 to 29% hikes – Mish
5/19 Why this key US industry is being eaten alive – Casey Research
5/19 We finally know how much US debt Saudi Arabia owns – Fortune
5/19 Growing warnings over Chinese debt – World Socialist Website
5/19 John Rubino: A crisis unlike we have seen in human history – Daily Coin
5/19 Look for helicopter money, not rate hikes – Kitco
5/19 Bill Fleckenstein interview – King World News
5/19 Warning: The smart money is fleeing US stocks – Daily Reckoning
Precious Metals
5/19 Signals – from gold and the S&P – Deviant Investor
5/19 Leveraged ETFs decay dashboard – Seeking Alpha
5/19 Top 10 junior takeover targets for 2016 – Seeking Alpha
5/19 Rally in gold stocks hitting first big challenge – Dana Lyons
5/19 Gold Standard scores big – 321Gold
5/19 Rick Rule warns of US dollar troubles – King World News
5/19 Huge trend changes point to something big in the gold market – SRSrocco Report
5/19 Billionaire Soros cuts US stocks by 37%, buys gold miner – Investors
5/19 Russia and China buy tons of gold getting ready for dollar collapse – Pravda Report
5/19 Buy gold and silver coins and bars – GoldCore
5/18 Gold futures drop as Fed hints at June rate increase – MarketWatch
5/18 Gold relaxes in $1250 – $1300 range trade – 321Gold
5/18 Devaluing dollar and debt by revaluing gold is getting respectable – GATA
5/18 4 practical reasons to consider reallocating some assets to gold – Seeking Alpha
5/18 Precisely wrong on dollar, gold? – Merk
5/18 The price of oil is rising? Gold is next – Seeking Alpha
5/18 Is the gold rally doomed? – Sovereign Investor
5/18 Two companies poised to catch up to gold peer group – Streetwise Reports
Inflation, Deflation, Currency War, Cryptocurrencies
5/19 Growing movement for Brexit has the elites shaking in their boots – Sprott
5/19 Why London could decide the next US rate hike – CNBC
5/19 Everything has gone up in price; asset deflation likely – Money Control
5/19 Six benefits of taking payments in bitcoin – Nasdaq
5/19 This bitcoin challenger is up 1,100% this year, but… – MarketWatch
5/19 Bitcoin got 99 problems, but what are the solutions? – Coin Telegraph
5/19 Talk of higher inflation sends panic needle into the red – The Street
5/19 The non-linearity of inflation psychology – GoldMoney
5/18 The Russia-China energy marriage and the multipolar world – Oil Price
5/18 U.S. debt dump deepens in 2016 – CNN
5/18 Negative interest rates are a stealth tax – MarketWatch
5/18 US slaps China steel imports with fivefold tax increase – BBC
Real Estate Bubble
5/18 China’s housing bubble so big “Goldman will need a bigger chart” – Zero Hedge
5/18 Housing starts bounce, momentum flatlines – Mish
5/17 Chinese investors have spent $300 billion on US property – CNBC
5/17 Governments terrified of popping foreign-buyer housing bubble – CBC
DollarCollapse Podcasts
5/14 Chaos spreads to US retailers and Italian banks
5/04 Easy money has failed; what’s next?
4/27 Okay, I’ll say it: run for the hills
4/21 Corporate earnings (among other things) go from bad to horrendous
4/13 A potentially brutal earnings season kicks off
4/06 The end of privacy = risk off and soaring gold
3/30 The inevitable is now imminent
3/22 Huge government deficits coming
3/17 Same mistakes, bigger scale
3/07 It’s all about the central banks
Politics
5/19 Trump leads Clinton nationally for first time in latest poll – Zero Hedge
5/19 How I screwed up on Donald Trump – Five Thirty Eight
5/19 Is traditional polling underselling Trump’s true strength? – NY Times
5/19 Elizabeth Warren on zika: ‘I simply do not understand the Republicans’ – Daily KOS
5/19 Bernie’s the early favorite for Clinton’s running mate – Rasmussen
5/19 Elizabeth Warren goes to war against Donald Trump – New Yorker
5/19 It ain’t easy being a black Brexiteer –Guardian
5/19 Just how bad can it get for Donald Trump in November? – Red State
5/18 Trump needs 77 delegates to officially clinch nomination – The Hill
5/18 Clinton fewer than 100 delegates from nomination – The Hill
5/18 Bernie Sanders wins Oregon – CNBC
5/18 Trump implores Bernie Sanders to mount third-party bid – Business Insider
5/18 Trump closing gap with Clinton, poll shows – Hill
Offshore Investing
5/17 Panama Papers: dozens of Americans tied in – Panama Papers
5/17 Panama Papers hub in Miami: Citigroup’s private bank – Wall St on Parade
5/12 Crooks, terrorists, tax evaders: Can new shell company rule stop them? – Reuters
5/10 Panama Papers database of offshore companies goes public – Chicago Tribune
Clean Tech
5/19 The environmental and public health benefits of solar power – Eurek Alert
5/19 World’s largest rooftop solar power plant inaugurated in Punjab – Business Standard
5/19 Wind power cost cuts translating into rapid growth – AWEA Blog
5/19 Floating wind farms: great concept, implausible economics – MIT
5/18 Germany just got almost all of its power from renewable energy – GEAB
5/18 Cooling, time in the dark preserve perovskite solar power – EurekAlert
5/17 Shell creates division to invest in wind power –Business Green
5/16 Obama sets stage for huge emissions cuts – Bloomberg
5/16 Economics can’t support the new “solar economy” –Town Hall
5/16 Eye-catching Solar stocks update: SolarCity, SunEdison –News Is Money
5/16 How SolarCity can win the market back – Buffalo News
5/16 SunRun materially misleads – Seeking Alpha
Art of the Collapse
5/08 ‘Dilbert’ creator’s 6 reasons why Trump will win – Zero Hedge
5/06 The book that will save banking from itself – Bloomberg
5/04 America’s best and brightest – 321 Gold
4/25 Hillary Clinton’s full speech to Goldman Sachs – Liberty Blitzkrieg
War, Civil Unrest, Privacy, Creeping Fascism, Police State
5/19 US supreme court makes mockery of First Amendment –Rutherford
5/18 America’s age of impunity – Zero Hedge
5/17 Beijing blasts Pentagon report on Chinese military – Reuters
5/17 ‘Avengers’ threaten new insurgency in Nigeria –Reuters
5/17 Refugees refuse assignment to Bulgaria, Romania –Mish
5/17 The real story of our decades-long Middle East policy disaster – Salon
5/17 The creeping militarization of American culture – National Interest
5/17 Gun control and the right to resist tyranny – FFF
Self-sufficiency, Food Security, Survival
5/18 Fluoride, the only drug intentionally added to your tap water – Mercola
5/17 UV light provides a multitude of health benefits – Mercola
5/17 Dealing with stress and depression with magnesium supplements – Dr Sircus
5/16 Tiny is so very big– Mother Earth News
5/16 Relying on a “defined benefit” pension? Don’t –Money Week
CyberWar, CyberTerrorism, CyberCrime
5/18 Here’s how to end the fog of cyberwar – Scientific American
5/18 Bitcoin-ransoming Romney tax ‘hacker’ faces 25 years inside – Register
5/15 World’s oldest hacking profession doesn’t rely on internet– CNBC
5/14 Cyberwar: what it will look like – FPRI
5/14 How Steel City became the front line in America’s cyber war– Foreign Policy
Off-Topic But Brilliant/Challenging/Infuriating
5/18 Sochi doping allegations could show unprecedented criminality – Reuters
5/18 Zika virus could spread to Europe in coming months – Guardian
5/18 REM sleep (dreaming) shown necessary for memory formation – Kurzweil
5/18 Ingestible ‘origami robot’ lets doctors operate on a patient remotely – Kurzweil
5/18 Magic Leap, the world’s most secretive startup – Wired
5/18 Climate change puts 1.3bn people and $158tn at risk – Guardian
5/17 Goodbye TAs: Georgia Tech professor reveal online assistant was a robot – Mish
5/17 Global warming record streak hits seven months in April – Market Watch
