Courtesy of John Rubino.
Stocks recover on promise of massive new stimulus from Japan and UK and suspiciously good growth numbers from US and China. Gold corrects and interest rates rise. Banks report pretty good earnings, trucking firms and oil companies not so much. Another big terrorist attack in France. UK Conservative party chooses new leader. Sanders endorses Clinton. Trump picks Indiana governor Mike Pence for VP.
Best Of The Web
Jim Rickards on criminal banks – Max Keiser
Who’s buying it? – Real Investment Advice
The soaring risk of flying in Bernanke’s helicopter – Best Minds, Inc.
All time highs – Burning Platform
Greater fools storm the casino – David Stockman
Bernanke’s black helicopters – David Stockman
Wall Street Monkeyshines – look Ma, no hands! – David Stockman
The great market tide has now shifted to risk-off assets – Peak Prosperity
Sovereign market dislocation and derivatives turmoil – Credit Bubble Bulletin
Firm that called 08-09 crash doesn’t like most stocks or bonds – MarketWatch
What if the US Treasury yield curve nulls out? – Seeking Alpha
Gold stocks’ record summer surge – Zeal
European banks and Europe’s never-ending crisis – Acting Man
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Breaking News
The Economy
7/15 Business inventories at highest level to sales since the crisis – Zero Hedge
7/15 Stuff being bought, sold, shipped in US at 6-year low – Most Important News
7/15 China’s Q2 GDP growth stable at 6.2pct YOY – Epoch Times
7/15 As China’s economy slows, Beijing’s growth push loses punch – New York Times
7/15 Debt rattle – Automatic Earth
7/15 The reasons why the globalists are destined to lose – Alt-Market
7/15 Empire State index softens in July – MarketWatch
7/15 US retail sales rose 0.6% in June vs. 0.1% increase expected – CNBC
7/15 U.S. industrial output surges in June, boosted by autos – Yahoo!
7/15 Brits should avoid acting German if the Bank of England cuts interest rates – City AM
7/15 Baffled credit traders call their lawyers as Brexit clouds swaps – Bloomberg
7/15 Shipping rates will never go to zero – 24hGold
7/15 In dramatic twist, McKinsey slams globalization – Zero Hedge
7/15 David Rosenberg: “This is the pain trade” – Zero Hedge
7/15 7 economic and monetary charts that make you go hmm – Mountain Vision
7/15 Japan’s ‘dirt sandwich’ of negative rates difficult to swallow – Japan Times
7/14 China June exports and imports both fall, trade outlook dim – Reuters
7/14 Bank of England signals August stimulus as rate kept at 0.5% – Bloomberg
7/14 JPMorgan buoys itself with loan growth in swamp of low rates – Yahoo!
Precious Metals
7/15 Gold falls after central bank’s surprise move – GoldCore
7/15 Five forces driving price of gold – Telegraph
7/15 Fundamental reason the silver price will higher than gold – SRSrocco Report
7/15 Negative interest rates spark 2016 gold rush – City AM
7/15 Gold and base metals top picks from Paradigm Capital – Streetwise Reports
7/15 The IRS wants a piece of your gold and silver profits – 24hGold
7/15 The trend is higher as silver and gold move up once more – Daily Bell
7/15 Silver up 44.7% in first half of 2016 – Schiff Gold
7/15 Jefferies is bullish on Barrick and Randgold, constructive on Kinross – 24/7 Wall St.
7/15 3 powerful reasons why precious metal streamers are superior to miners – Motley Fool
7/15 Understanding miners’ correlation with gold – Market Realist
7/14 Silver bear market looks to be over… or not? – GoldAndOilGuy
7/14 Silver shares forecast explosion in metal’s price – GATA
7/14 Here’s how high silver is headed – GoldSilver
7/14 “Inflation linked bonds and gold as diversifiers” – Gold Eagle
7/14 The golden chameleon has changed colors – Daily Reckoning
7/13 Brexit aftermath: gold staying strong – Seeking Alpha
7/13 Speculators driving gold stocks higher – Seeking Alpha
7/13 Fictional world of gold standards? – Armstrong Economics
7/13 Brexit, M&A news highlight precious metals MMI’s surge – Seeking Alpha
7/12 Gold revaluation is the only solution – 321Gold
Inflation, Deflation, Currency War, Cryptocurrencies
7/15 Could Italy bring down the euro? – Zero Hedge
7/15 Mark Carney urged to cut interest rates to 0% – BBC
7/15 Germany issues 10-year bond at negative interest rate – Expatica
7/15 An honest monetary system – 24hGold
7/15 Inflation: We ain’t seen nothin’ yet – The Street
7/15 China’s old economy springs June suprrise with steel record – Bloomberg
7/14 US Producer Price Index up 0.5% in June vs. 0.3% increase expected – CNBC
7/14 Bernanke floated Japan perpetual debt idea to Abe aid Honda – Bloomberg
7/14 Helicopter money – the biggest Fed power grab yet – David Stockman
7/14 Japanese monetary policy could be about to get really radical – Business Insider
Real Estate Bubble
7/15 MPs decry ‘failed’ effort to stop UK property money laundering – Guardian
7/15 Canada new home prices grow at fastest pace in nearly 9 years – Financial Post
7/14 Housing sales forecast to fall sharply this summer after Brexit vote – Guardian
7/14 The housing market is waving a red flag – Bloomberg
7/13 Losing Australia’s AAA rating could make losers of mortgage holders – Bloomberg
7/13 On Manhattan’s “billionaire’s row” – Zero Hedge
DollarCollapse Podcasts
7/01 Brexit was just the beginning
6/25 The deeper meaning of Brexit
6/08 Gold Will Soar, Marijuana Will Be Legal
5/23 Hard times for obsolete entities
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
Politics
7/14 Trump picks Indiana governor Mike Pence for VP – Reuters
7/14 Trump takes lead over Clinton in 3 key swing states – Zero Hedge
7/14 FBI agents were told to sign a “very, very unusual” NDA in Hillary email case – ZH
7/14 Hollande’s hairdresser costs French taxpayers $11k per month – Zero Hedge
7/13 Nomi Prins, Trump wins (even if he loses) – Tom Dispatch
7/13 Sanders endorses Clinton, joining rest of party in move toward unity – Bloomberg
7/13 Last woman standing, Theresa May offers calm on Brexit road – Bloomberg
7/13 Nigel Farage is Ukip – whether he leads the party or not is irrelevant – Telegraph
7/13 Why investors should really worry about the next election – Zero Hedge
7/12 Why more referendums across Europe are inevitable – Business Insider
7/12 After outbreaks of violence, Donald Trump strains to project leadership – NY Times
7/12 Republicans left wondering if Trump will kill the party or just maim it – Huffington Post
7/12 Huge victory for Bernie – Inquisitr
Offshore Investing
7/08 Time to adjust your wealth plan – Mountain Vision
7/08 We pulled the ripcord on daily life and moved to Costa Rica – International Living
7/02 America’s offshore tax cheats are feeling the heat once again – Bloomberg
6/29 Anarchy in the UK? What Brexit means for you – Nestmann
Clean Tech
7/12 This week in solar – Motley Fool
7/07 Turbine industry aims to keep tailwind blowing – USA Today
7/07 Japan’s solar boom showing signs of deflating as subsidies wane – Bloomberg
7/07 California outshines other states in solar power – Forbes
7/06 Solar power is finding its day in the sun – Fortune
7/06 Tesla/Solar City battery systems lessen household costs – Science World Report
7/06 Tesla falls after paring delivery forecast amid factory strains – Bloomberg
7/05 SolarCity pushing to increase useful lifetime of solar power installations – Electrek
Art of the Collapse
7/13 Artist’s impression of Hillary’s inauguration – Zero Hedge
7/03 Debunking Utopia – Future of Freedom Foundation
6/21 Explore bank bailouts, Cyprus anonymous, and more – Pinterest
6/19 Artist’s impression of the opening ceremony at the Rio Olympics – Zero Hedge
6/19 Where Bernie Sanders finally gets hit Trump debate – Daily Beast
War, Civil Unrest, Privacy, Creeping Fascism, Police State
7/14 Nice ‘terrorist attack’: truck hits Bastille Day crowd killing 77 people – Guardian
7/14 China rejects tribunal ruling, vows to defend South China Sea claims – Anti War
7/14 Global arms race escalates as sabres rattle in South China Sea – Telegraph
7/14 New Black Panther party says to carry arms in Cleveland if legal – Reuters
7/14 US presses China to be responsible power after sea ruling – Bloomberg
7/14 US arms sales approvals on track to reach nearly $40 Billion – Reuters
7/14 South China Sea tensions surge after Taiwan deploys Frigate – Zero Hedge
7/13 Pokemon Go can spy on iPhone users’ Google account – Zero Hedge
7/13 China vows to protect South China Sea sovereignty, Manila upbeat – Reuters
Self-sufficiency, Food Security, Survival
7/12 Farmland becoming more popular amenity than a golf course – MarketWatch
7/12 Importance of diagnosing stress – Dr Sircus
7/08 Scaremongering from the vaccine crowd – Dr Sircus
7/06 5 common mistakes in bulk food storage – Survivalist
7/06 Climate, energy, economy: pick two – Automatic Earth
6/28 Quality survival food – Dr Sircus
6/28 How exercise improves memory – Kurzweil
CyberWar, CyberTerrorism, CyberCrime
7/14 China hacked the FDIC – and US officials covered it up, report says – CNN Money
7/12 NATO: ‘New realities’ make internet a potential front line in conflict – ZD Net
7/12 As global feuds arise, expect increased cyberwar, says NATO analyst – Mother Board
7/09 Crooks are winning the ‘cyber arms race’, admit cops – ZD Net
7/09 Chilling doc on Stuxnet and secret cyberwar – Philly
7/09 End-to-end encryption comes to facebook messenger – Wired
Off-Topic But Brilliant/Challenging/Infuriating
7/14 Utah votes to let authorities disable drones near wildfires – Fox News
7/13 Amazon is so powerful it can make up its own holiday – Wired
7/13 Cash-strapped towns are unpaving roads they can’t afford to fix – Wired
7/12 AI is setting up the internet for a huge clash with Europe – Wired
7/12 Pot legalization linked to decline in prescription drug use – Inquisitr
7/12 Edible marijuana emerges as key issue in legalization debate – Boston Herald
7/12 WA’s iconic whale sharks listed as endangered species by IUCN – Perth
7/11 Why insects are declining, and why it matters – Environment 360
7/11 Australia’s other great reef is also screwed – Atlantic
7/08 Tinder and the dawn of the “dating apocalypse” – Vanity Fair
7/08 Welcome to the new prostitution economy – Vanity Fair
