Courtesy of John Rubino.
Global stocks recover. Gold and silver stabilize. US angers China with huge steel tariff. The data indicates no Fed rate increase in June. Saudi Arabia starts acting like Chicago, paying bills with IOUs. 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 .
Best Of The Web
Weekly commentary: unambiguous signals disregarded – Credit Bubble Bulletin
Doggie (life) style – AheadOfTheHerd.com
Observations from the heart of Silicon Valley – Peak Prosperity
Hikes data dependent says NY Fed – Mish
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
The Economy
5/22 G-7 warns on weak global growth as Japan bristles over debt – Bloomberg
5/22 Cash-stuffed balance sheets no match for US company debt – Bloomberg
5/22 Defaults throw wrench in China’s $3 trillion company bond engine – Bloomberg
5/22 Crude storage fleet off Singapore points to stubborn oil glut – Reuters
5/22 Junk bonds: apocalypse postponed – MoneyWeek
5/22 Central States Fund proposes 60% pension cuts – Mish
5/21 China’s debt misery finds Singapore – Bloomberg
5/21 The many points of failure in the OTC derivatives market – Seeking Alpha
5/21 China’s debt-to-GDP set to reach 300 percent in 2020 – ValueWalk
5/21 China to restart securitization market for bad debt – Asia Times
5/21 Brazil’s primary deficit could reach $42b – Japan News
5/20 Business loan delinquencies spike to Lehman moment level – Wolf Street
5/20 Mass layoffs are looming in South Korea – Bloomberg
5/20 Is this the end of the road – GoldAndOilGuy
5/20 Oil supply disruptions quickly fading – Zero Hedge
5/20 Heavy metals sending a warning to economy, markets? – Dana Lyons
5/20 “Shanghai Accord flows reverse” – Zero Hedge
Precious Metals
5/22 Why buy physical gold & silver? – APMEX
5/22 Gold bulls could lead M&A stampede – The Street
5/22 Is Silver Wheaton Corp. the right mining stock for investors? – Motley Fool
5/22 Charts reveal a bearish trend lurking in gold futures – MarketWatch
5/22 Gold’s going lower, and here’s how I’m going to cash in – CNBC
5/22 The platinum doubler of the year, courtesy of… gold? – Money Morning
5/22 Gold stream sale could be worth more than $800 million – Seeking Alpha
5/22 Bloomberg markets on the return of the gold standard – Mises Institute
5/22 Buy silver — best precious metals trade – Resource Investor
5/22 GOFO and gold prices – Seeking Alpha
5/22 Two overlooked streaming stocks with huge potential – Streetwise Reports
5/21 The gold chart that has central banks extremely worried – SRSrocco Report
5/21 Counterfeit gold and silver coins burning buyers – GATA
5/21 Will gold standard return? – 24hGold
5/21 Focus on individual gold stocks – 321Gold
5/21 Gold stocks following bull analogs – Daily Gold
5/21 Gold stock pullback is imminent – don’t get shaken out! – Seeking Alpha
5/21 Why is IAMGOLD a high-leverage play on gold prices? – Market Realist
Inflation, Deflation, Currency War, Cryptocurrencies
5/22 G7 meeting overshadowed by US, Japanese – Forbes
5/22 Behind the Fed’s faulty logic on interest rates – Bloomberg
5/22 US warns Japan on yen intervention as G-7 reaffirms deal – CNBC
5/21 Andrew Hoffman – Is this the Fed’s last stand? – Financial Survival Network
5/21 Will Venezuela be forced to embrace the dollar? – Zero Hedge
5/21 Fed suppression, long term economic repression – Bawerk
5/21 The inflation targeting scam – David Stockman
5/21 The tragic consequences of quantitative theory – David Stockman
5/21 Economist Mag praises central bank ‘growth’ – Daily Bell
5/21 Bitcoin miners follow profit to Ethereum blockchain – Coin Desk
5/21 The price of Ether, a bitcoin rival, is soaring – Quartz
5/21 Can someone find me a borrow for this crazy investment? – Capitalist Exploits
Real Estate Bubble
5/22 Existing home sales solid, not spectacular – Mish
5/22 Corporate China’s debt problem only getting worse – Nikkei
5/20 Existing Home Sales increased in April to 5.45 million SAAR – Calculated Risk
5/20 Existing home sales tumble in south, west regions – Zero Hedge
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
5/21 Brexiteers are having so much fun, sometimes I wish I could join them – Telegraph
5/21 Fury as EU chief brands Brits ‘deserters’ over Brexit campaign – Sun
5/21 Defending the Indefensible: Economist Mag praises central bank ‘growth’ – Daily Bell
5/21 What this election tells us about millennials – FRA
5/21 Nigel Farage: ‘They say I’m toxic. Quite the opposite’ –Guardian
5/20 Why Hillary Clinton won’t pick Elizabeth Warren for VP – NewsWeek
5/20 The rise of the far-Right in Europe is not a false alarm – Telegraph
5/20 First look at explosive Hillary documentary, ‘Clinton Cash’ – New York Post
5/20 Infowars vs. Donald Trump – Splice Today
5/20 ‘Gold is the restraining force on government’ – Voices of Liberty
5/20 Donald Trump uses the word “rape” to talk about Bill Clinton – CBS News
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
Offshore Investing
5/20 EU to compile common blacklist of tax havens, sanctions against them – Reuters
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
Clean Tech
5/21 Tesla suppliers warn Musk expansion goals are “implausible” – Zero Hedge
5/21 Goldwind edges out Vestas as world’s leading wind turbine supplier – Clean Technica
5/21 Shipbuilders bail out as wind power loses steam –Korea Daily
5/21 Misaligned mirrors spark fire at world’s largest solar power plant – CBS Sacramento
5/21 A push toward solar power, a retreat from natural gas –Palo Alto
5/21 New solar plants generate floating green power –NY Times
5/21 Inching closer to making solar power as cheap as regular electricity – PS
5/20 NC bill takes aim at wind power and solar energy – News Observer
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
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
5/21 China demands US “cease immediately” spy plane missions near its borders –ZH
5/21 Bayer eyes $42 billion Monsanto in quest for seeds dominance –Bloomberg
5/21 Demand for small arms ‘protection’ in Germany explodes as fear rises – Zero Hedge
5/21 Brazil’s interim government wastes no time erasing workers’ party influence – Guardian
5/20 China says it’s ready if US ‘stirs up any conflict’ in South China Sea – CNBC
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
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
5/21 Yet another major cyberheist in ‘secure’ global payments system – Zero Hedge
5/20 Cyber-war gets real – Baseline Mag
5/20 Cyber war vs. Islamic State ‘work in progress’ – VOA News
5/20 Cyberspace’s invisible armies – ECNS
5/18 Here’s how to end the fog of cyberwar – Scientific American
Off-Topic But Brilliant/Challenging/Infuriating
5/21 Rock ‘n’ roll has got to GO! – Antonius Aquinas
5/20 Stuck on hot: Earth breaks 12th straight monthly heat record – AP
5/20 Uber to start testing self-driving car in Pittsburgh – CNBC
5/20 Mother of all head & shoulder patterns – Economica
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
