Courtesy of John Rubino.
Good US jobs report. Gold plunges, stocks jump. Oil hovers around $40. Bank of England cuts rates, UK bond yields plunge. European banks have investors running scared. Japan begins new round of stimulus. The Trump campaign may be collapsing. Swiss central bank keeps buying stocks.
Best Of The Web
What happens when rampant asset inflation ends? – OfTwoMinds.com
Bernanke’s “enrich-thy-neighbor” doctrine now in “full bloom” – FRA
Impermanence and full-cycle thinking – Hussman Funds
Minsky’s moment – Economist
Weekly commentary: Bubble battles – Credit Bubble Bulletin
Jim Grant is bullish on gold, bearish on Craft – Barron’s
Negative interest rates: necessary evil or symbol of greed? – Telegraph
IMF admits disastrous love affair with the euro – Telegraph
Biggest companies in the S&P 500 use made-up earnings numbers – MarketWatch
This is how independent central banks are – Gold Republic
Why real reform is impossible – OfTwoMinds.com
Plutocracy, then and now – the lesser of two evils – Jesse’s Cafe Americain
How to profit form these massive, Brexit-induced trends – Casey Research
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Breaking News
The Economy
8/05 US stocks surge, S&P 500 at new intra-day high – CNBC
8/05 Solid employment gains boost US economic prospects – Yahoo!
8/05 “Mystery” buyer revealed – Zero Hedge
8/05 Jailing banksters will not resolve the economic crisis – Antonius Aquinas
8/05 Brexit redux: Quo vadis Britannia? – Automatic Earth
8/05 Does the Fed support the stock market – 24hGold
8/05 Factory orders -1.5%: searching for “signs of life” – Mish
8/05 Brazil’s politics, economy are huge messes as Olympics begin – CNBC
8/04 UK rate cut forecasts storm clouds—US stocks to benefit – CNBC
8/04 Analyst warns of a restaurant downturn – Bloomberg
8/04 Debt-to-EBITDA ratios are now the highest in history – Zero Hedge
8/04 Truck orders continue freefall in July – CCJ Digital
8/04 New Jersey backs away from hedge funds – Wall Street Journal
8/04 Chicago seeks tax hike to avert insolvency for pension fund – Bloomberg
8/04 UK bond yields plunge to record low after BOE rate cut – MarketWatch
8/04 Credit Suisse, Deutsche index exclusion another blow to European banks – GEAB
Precious Metals
8/05 Gold extends losses as USD rallies, crude oil sells off – Kitco
8/05 Michael Belkin interview – King World News
8/05 2 reasons to remain bullish on GLD and GDX – Seeking Alpha
8/05 Great Panther Silver reports second quarter 2016 financial results – Yahoo!
8/05 Bullion rally signals return to profit for Iamgold – Bloomberg
8/05 Does gold continue its bull market towards $1500 or crash? – GoldAndOilGuy
8/05 Don’t buy another gold stock until you read this – Casey Research
8/05 Seabridge is turning cash into gold – Streetwise Reports
8/05 The stunning event that has just taken place twice in my lifetime – King World News
8/04 Large silver miner reports first profit in 3 years – SRSrocco Report
8/04 McEwen Mining posts net profit in second quarter – Kitco
8/04 Iamgold Corp. posts 2Q adjusted profit – Kitco
8/04 Gold Resource Corporation reports Q2 net income of $5.6m – Yahoo!
8/04 Investing in gold: Big players put money into the precious metal – CNBC
8/04 Gold & silver buying most popular in 3 years – 24hGold
8/04 Gold is back and the party in mining stocks is only getting started – 24hGold
8/04 There will never be a “commercial signal failure” in the gold market – 24hGold
8/04 2016 gold mining margins jump 150%, put miners in ‘sweet spot’ – BullionVault
8/04 Gold considered the only outperformer in the current scenario – Market Realist
8/04 Gold investing in 2016 justified by global paradigm shifts – Gold And Liberty
8/04 Endeavour Silver back in profit as cost cuts pay off Share – Proactive Investors
8/03 Gold is now on its way to all-time highs – SafeHaven
Inflation, Deflation, Currency War, Cryptocurrencies
8/05 Japanese automakers take beating from rising yen – Nikkei Asian Review
8/05 Bank of England shuts the door on a Fed rate hike this year – CNBC
8/05 BFI insights: war on cash – Mountain Vision
8/05 Stimulus “whatever it takes” Bank of England style – Mish
8/05 MetLife misses big, blames Fed policy for massive job cuts – Zero Hedge
8/04 Japan proposes “wage controls” as Abenomics’ desperation measure – Zero Hedge
8/04 Fed only player that still has tightening on its mind – Kitco
8/04 Are central banks caught in a rate trap? – Kitco
8/04 Cash handouts are best way to boost British growth – Guardian
8/04 Revealing the real rate of inflation would crash teh system – Charles Hugh Smith
Real Estate Bubble
8/04 In Vancouver, “The deals are collapsing” – Zero Hedge
8/03 Vancouver enacts 15pc property tax – AFR
8/03 D-Day for Australia’s real estate bubble? – Zero Hedge
8/02 Home ownership in England at lowest level in 30 years – Guardian
8/02 Disaster for high end NY/SF real estate if China curbs cap outflows – ZH
DollarCollapse Podcasts
7/27 Random violence and political instability: the new normal
7/21 It’s not the event but the response to the event that matters
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
Politics
8/05 Who should Bernie voters support now? – Democracy Now
8/05 Libertarian town hall boosts CNN in key ratings race – The Hill
8/05 Clinton with 9 point lead over Trump post-conventions – CNBC
8/05 Can Hillary Clinton give a straight answer on emails? – BBC
8/04 In slap at Trump, some wealthy Republicans campaign for Clinton – Reuters
8/04 Donald Trupm’s campaign might actually implode – New York
8/04 Donald Trump’s strange campaign gets stranger – CNN Politics
8/04 Ignoring advice, Trump presses attack on Khan Family and GOP leaders – NYT
8/04 Thousands turn out in Liverpool city centre for Jeremy Corbyn rally – GEAB
8/04 Le Pen: Scrap Schengen in ‘war against radical Islam’ – Express
8/03 Furious sheep – ClubOrlov
8/03 Republican rift widens as Trump declines to endorse Ryan, McCain – Reuters
8/03 Paul Manafort: Trump staff is suicidal, he’s mailing it in – CNBC
Offshore Investing
7/20 Costa Rica: Central America’s hidden gem – Sovereign Investor
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
Clean Tech
8/04 Tesla earnings miss mark – MarketWatch
8/04 Musk declares Tesla free of factory hell with targets intact – Bloombergs
8/04 Apple can now sell power as tech giants boost energy investment – Bloomberg
8/03 Primary proposal could boost solar energy in Florida – The Ledger
8/03 Japan solar power bankruptcies to hit record this year – Economic Times
8/02 Software ate cleantech: now what? – Greentech Media
8/02 Will TeslaSolar still outsource the brain of its solar systems? – Electrek
7/30 World’s largest solar power plant planned for Chernobyl – Electrek
7/30 California’s fast-track solar permits let the sun shine in faster – Inside Climate News
Art of the Collapse
8/02 Homer Simpson: “And that’s how I became a Democrat” – Zero Hedge
7/27 Meanwhile at the DNC – Zero Hedge
7/25 Trump’s acceptance speech – Digg
7/17 Obama’s 11-point response to the French tragedy – Zero Hedge
7/13 Artist’s impression of Hillary’s inauguration – Zero Hedge
War, Civil Unrest, Privacy, Creeping Fascism, Police State
8/05 Obama says $400 million cash payment to Iran wasn’t ransom – Bloomberg
8/05 Iran is cheating on teh nuclear deal, what now? – Zero Hedge
8/04 The untold story of an epic struggle for justice – New Matilda
8/04 Riots in Rio: police unleash tear gas, rubber bullets – Zero Hedge
8/04 Woman killed, five injured by knife attack in Russell Square, London – CNBC
8/04 America’s misadventures in the greater Middle East – Future of Freedom Foundation
Self-sufficiency, Food Security, Survival
8/04 Obama just signed a GMO labeling law – Zero Hedge
8/03 The dangers of thinking you’re prepared… if you’re not – Total Wealth
7/31 Owning the asset you can eat – Reluctant Preppers
7/30 Anti-aging – cultivating eternal youth – Dr. Sircus
7/19 Can drinking more water help you lose weight? – Mercola
7/27 Elevated blood sugar sets the stage for cancer growth – Mercola
7/24 Hospital beds & massage tables with biomats – Dr Sircus
7/23 These powders are powerful – Bloomberg
CyberWar, CyberTerrorism, CyberCrime
8/03 The Jeep hackers are back to prove car hacking can get much worse – Wired
8/02 Cyber-security skills shortage leaves companies vulnerable – InformationWeek
7/31 NSA hackers target Russian cyber spies – Zero Hedge
7/31 The cyber war is real and we are preparing for it – Tech Portal
7/30 Another “smoking gun” looms as Hillary campaign admits server hacked – Zero Hedge
Off-Topic But Brilliant/Challenging/Infuriating
8/03 A madman’s parachute-free skydive into a giant net – Wired
8/03 New Navy tech makes it easy to land on a carrier – Wired
8/03 Increase in young adults living at home – Dr. Housing Bubble
8/03 The seemingly ‘unstoppable’ fish flooding Florida’s coast and supermarkets – CNBC
8/02 Texas allows guns in college classrooms under new law – Reuters
8/02 McDonald’s cuts preservatives from McNuggets as part of health kick – Bloomberg
8/01 Driverless cars will change everything – Business Insider
8/01 Harry Potter and the Cursed Child is emotionally devastating – Telegraph
7/31 England’s plastic bag usage drops 85% since 5p charge introduced – Guardian
7/30 How to fool AI into seeing something that isn’t there – Wired
7/29 Marijuana legalization might be fix to nation’s opioid problems – The Hill
