Courtesy of John Rubino.
Helicopter money is coming. Attempted coup fails in Turkey. 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 and another police shooting in the US. UK Conservative party chooses new leader. Sanders endorses Clinton. Trump picks Indiana governor Mike Pence for VP.
Best Of The Web
No, Donald, it’s not a “world war” – David Stockman
Goodbye Leniin, hello Bernanke – ABC
Deutsche Bank loves helicopter money – Zero Hedge
The rising danger of a bidless market – Peak Prosperity
Weekly commentary: Scary time – Credit Bubble Bulletin
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
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Breaking News
The Economy
7/18 Has a stock market melt-up begun for stock market crash in 2016? – SafeHaven
7/18 Are central banks out of bullets? – 24hGold
7/18 Bank of America sets new cost target under pressure from low rates – Yahoo!
7/18 The first generation to earn less than their parents – Daily Mail
7/18 Why Italy’s banking crisis will shake the eurozone to its core – Telegraph
7/18 Rising gold and oil prices are brightly flashing economic slowdown – Forbes
7/18 The pain will be that much worse – Seeking Alpha
7/18 Debt rattle – Automatic Earth
7/18 Destination Mars – Economic Prism
7/18 “Stock valuations at extremes,” Goldman’s clients asking one question – Zero Hedge
7/18 The struggling Norwegian economy illlustrated in charts – Zero Hedge
7/18 Italy tasks JPMorgan with creating a €50 billion bank bailout – Zero Hedge
7/18 “Helicopter money” won’t fix what’s broken – Daily Reckoning
7/17 Japan may be en route to a ‘soft’ form of helicopter money – Business Insider
7/17 Bank of England chief economist calls for big post-Brexit stimulus – Guardian
7/17 ECB seen supporting German bonds after biggest selloff this year – Bloomberg
7/17 EU commission has known for years about manipulation – Spiegel
7/17 Money pours into junk bonds – Seeking Alpha
7/17 Italian companies reopen rebounding junk bond market – Reuters
Precious Metals
7/18 5 best gold and silver junior mining stocks in 2016 – 24hGold
7/18 Gold’s record selling overhang – 24hGold
7/18 Latest COT report & how the Turkish coup attempt will affect gold – Seeking Alpha
7/18 Silver holding up against suppression efforts, GATA chairman says – GATA
7/18 Noonan on gold & silver: “Simply be idle until greater clarity emerges” – MunKnee
7/18 A minimum target of $675 for silver is NOT wishful thinking – MunKnee
7/18 Frank Holmes: Gold is just getting warmed up – Gecko Research
7/17 Silver turning point & US crisis from collapse of shale energy – SRSrocco Report
7/17 Negative mainstream articles on gold and silver don’t tell the truth – Daily Bell
7/17 A gold ETF that lets you redeem shares for gold – Barron’s
7/17 Gold and gold stocks overbought… what to expect – Gold-Eagle News
7/16 Gold: the battle for $1392 intensifies – 321Gold
7/16 The upside potential in junior gold stocks – Daily Gold
7/16 Gold prices: explaining the 6-month gold cycle – Gold-Eagle News
7/16 Gold, terrorists, and investing legends – Capitalist Exploits
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
Inflation, Deflation, Currency War, Cryptocurrencies
7/18 EU said to eye ‘nuclear option’ to force May’s hand on exit – Bloomberg
7/18 Yuan weakens past 6.7 versus dollar for first time in five years – Bloomberg
7/18 Ireland hits Brexit alarm in biggest foreign crisis in 50 years – Bloomberg
7/18 Traders reviving Fed rate-rise bets put a floor under the dollar – Bloomberg
7/18 Brexit: It’s early days, but UK business has been getting on with it – City AM
7/18 Nice terror attack likely to spark Frexit – Sputnik News
7/17 Brexit or not, the pound will crash – Bawerk.net
7/17 Zooming housing costs cause big surge in metro Denver inflation rate – Denver Post
7/17 Markets predict decades of inflation frustration – NewsMax
7/17 Core inflation rate falls to 1.4 percent if shelter is excluded – CEPR
Real Estate Bubble
7/18 Rate-starved U.S. banks happily gobble mortgage business – Reuters
7/18 It’s not a housing bubble, it’s just expensive – Bloomberg
7/18 Slowing China home price rises add to doubts about economy – Reuters
7/18 Bank of Mum and Dad is now paying the rent, too – Guardian
7/18 Homebuilders struggle to keep up with Canada boom – Reuters
7/18 3 megatrends shaping the future of global real estate investment – MunKnee
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
7/18 From Merkel to May, will women soon rule the world? – CNBC
7/18 Clinton keeps 5-point lead over Trump heading into conventions – CNBC
7/18 What is Theresa May’s endgame? – Vanity Fair
7/18 Trump foe Elizabeth Warren turns attacks on Pence – CNN
7/18 Donad Trump forces G.O.P. to choose between insularity and outreach – NY Times
7/18 Donald Trump-Mike Pence logo, explained – Vanity Fair
7/18 Behind the scenes drama as Donald Trump picks Mike Pence – Time
7/17 The Nice terror attack is why Donald Trump might win – Telegraph
7/17 Bernie’s supporters flock in droves to Green Party’s Jill Stein – Blasting News
7/17 The Obamas Biden and Bernie to headline democratic convention – Time
7/17 Jill Stein should be America’s first female president – Huffington Post
7/17 Jill Stein says Snowden would be in her cabinet if she’s president – WMNF
7/17 Stein’s fundraising explodes since Sanders’ endorsemed Clinton – Nation Of Change
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
7/17 US solar industry sees a potential windfall in Clinton presidency – Fact Coexist
7/17 California’s biggest utilities break own record for solar power – Sacramento Bee
7/17 Tesla’s deal to buy SolarCity stinks but will stockholders care? – Seeking Alpha
7/15 New concentrating solar tower is worth its salt with 24/7 power – Scientific American
7/15 House republicans targeting solar panel subsidies – saving the birds? – Daily Caller
7/15 Musk energy plan delivers slow payoff in Tesla, SolarCity merger – NZ Herald
7/15 The fake factory that pumped out real money – Bloomberg
7/12 This week in solar – Motley Fool
Art of the Collapse
7/17 Obama’s 11-point response to the French tragedy – Zero Hedge
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
7/18 US warships surround disputed Chinese waters, prepared for war – Zero Hedge
7/18 Turkish president likely to intensify crackdown on dissenters after failed coup – CNBC
7/18 France steps up security, Le Pen says not nearly enough – Israel National News
7/18 Not a white problem – Burning Platform
7/18 Coup pilots has Erdogan’s plane in their sights and did nothing – Zero Hedge
7/17 Three Baton Rouge police officers killed in suspected ambush – CNBC
7/17 Turkey demands Obama extradite cleric – MarketWatch
7/17 Ron Paul: after Nice attack – round up the usual suspects? – AntiWar
Self-sufficiency, Food Security, Survival
7/17 Sticking germy fingers in mouth may give upper hand on health – ARS Technica
7/17 Paying farmers to go organic, even before the crops come in – NY Times
7/17 Obama expected to sign industry-backed GMO label bill into law – Automatic Earth
7/15 U.S. GMO food labeling bill passes Senate – Reuters
7/15 The prepper’s plan – down the rabbit hole – Survival Sullivan
7/12 Farmland becoming more popular amenity than a golf course – MarketWatch
7/12 Importance of diagnosing stress – Dr Sircus
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
7/18 Artificial intelligenc swarms Silicon Valley on wings and wheels – NYT
7/18 Anthony Weiner’s tormented communications director relives her horror – Vanity Fair
7/18 Toxic wheat, GMOs and the precautionary principle – Automatic Earth
7/18 More than half of US adults under age 30 reject capitalism – Most Important News
7/17 Are walkers smarter than drivers? – BBC
7/17 Personal communication from Dr. Sircus – Dr Sircus
7/17 Nintendo just became most traded stock in Japanese history – Zero Hedge
7/17 California fault lines and Yellowstone are shaking like crazy – Most Important News
7/17 Biodiversity is below safe levels across half the world – Guardian
7/15 The next wave of Marijuana wealth – Daily Reckoning
7/14 Utah votes to let authorities disable drones near wildfires – Fox News
