Courtesy of John Rubino.
Retail sales weaker than expected. Gold and oil pop. US government debt now has negative yield for foreign investors. More good earnings reports from precious metals miners. A major bitcoin hack throws crypto-currency world into turmoil. China, Japan and Russia rattle their sabers. Trump attempts to salvage his campaign, is failing.
Best Of The Web
The one is going to be bad… – GoldSilver
The Brexit vote and endgame time for the EU – David Stockman
Globalization is dead, but the idea is not – Automatic Earth
A crisis of intervention – Sovereign Man
Priced out of the ‘open society’ – SAXO Group
Updating government finance quasi-capitalism – Credit Bubble Bulletin
A global derivatives expert shines the light on systemic risk – Garret Galland
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
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Breaking News
The Economy
8/12 US retail sales were unexpectedly weak in July – CNBC
8/12 China stability falters as factory output, investments slow – Bloomberg
8/12 Oil advances as Saudis say talks may include market stability – Bloomberg
8/12 Is Saudi Arabia about to cry uncle in the oil price war? – Oil Price
8/11 Oil prices rise 3% on Saudi meeting comments, IEA forecast for balance – CNBC
8/11 The worst place in the world to bank – Sovereign Man
8/11 German economy expected to slow down in second quarter – CNBC
8/11 ‘We should nationalise German banks’ – Express.co.uk
8/11 Greek public health services on the brink, report says – Ekathimerini
8/11 Angry nations, democratic challenges, global systemic crisis – GEAB
8/11 “Money-printing pushed stocks out of kilter with economic reality” – Zero Hedge
8/11 Convincing the market rate hikes coming is damn tough: why? – Mish
8/11 Why would anyone buy negative interest rate bonds? – Motley Fool
8/11 The last time this happened, US equities crashed – Talk Markets
8/11 Who’s raking in the money off the Italian banking crisis? – 24hGold
Precious Metals
8/12 Gold jumps following weak retail sales – Kitco
8/12 Bearish chart formation in gold threatens rally – CNBC
8/12 This catalyst will keep the gold miners shining – CNBC
8/12 Silver standard: I was not expecting this – Seeking Alpha
8/12 Pan American Silver announces net earnings of $34.2 million – PR Newswire
8/12 One simple reason why gold can still jump 50% – Sovereign Man
8/11 Gold investment demand reaches record in first half of 2016 – GoldCore
8/11 Indian, Chinese consumers surprised by higher gold prices – Kitco
8/11 Gold price surge seen cutting India’s demand this year – Bloomberg
8/11 Torex reports profit in Q1 of commercial output – Kitco
8/11 A golden opportunity to hedge gold – Seeking Alpha
8/11 Will the Dow go up 100% and Gold 5,000%? – 24hGold
8/11 Silver and inflation – 24hGold
8/11 Adopt a gold-backed dollar? This is what happened the last time we tried – GATA
8/11 Silver Standard reports second quarter 2016 results – Yahoo!
8/11 Gold meets the “perfect storm” – Daily Reckoning
8/11 This suggests that silver will soon spike significantly higher – Talk Markets
8/11 Klondex reports strong second quarter 2016 results – Yahoo!
8/11 the irrational bias against gold – Seeking Alpha
8/11 Why gold stocks won’t stay cheap for long – Casey Research
8/11 Fed on hold forever: good for gold and silver – Seeking Alpha
8/11 Silver – caught inside – Silver Coin Investor
8/11 Smashed silver cnaps back into ferocious bull market – Money Metals Exchange
Inflation, Deflation, Currency War, Cryptocurrencies
8/12 Producer prices unexpectedly slide 0.4% – Zero Hedge
8/12 Here is why internet currency bitcoin will never be digital gold – The Street
8/12 The untold history of black gold – Gold And Liberty
8/12 Wow! Global negative-yielding debt stands at $11.4 trillion – Economic Collapse
8/11 ECB negative rates at limit, should focus on asset buys – Reuters
8/11 U.S. import prices unexpectedly rise in July – Yahoo!
8/11 Erdogan warns bank resistance to interest cuts could be treason – Bloomberg
8/11 International visitors to the UK jump thanks to weaker pound – Talk Markets
8/11 Greenspan gets one right: here comes stagflation – 24hGold
8/11 Venezuela’s hyperinflation sees record highs of bitcoin use – CCN.LA
Real Estate Bubble
8/11 UK home sales slump most since 2008 – Bloomberg
8/11 Housing rebound leaves millions of people out in the cold – Wall St Journal
8/11 One huge German market is about to be hit by a perfect storm – Business Insider
8/11 There are all kinds of signs of a high-end real estate slowdown – Bloomberg
8/10 Housing ‘shell shock’ faces Danes who think market can only rise – Bloomberg
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
8/11 Why Donald Trump might not debate Hillary Clinton – Washington Post
8/11 Did Trump just joke about shooting Hillary over Supreme Court justices? – Policy Mic
8/11 Thank goodness Trump is a compulsive liar – National Review
8/11 Marion Le Pen is a modern ‘Joan of Arc’ reborn to SAVE FRANCE – Express
8/11 Tuesday Trump Dump: Donald Trump is officially not funny anymore – Daily Kos
8/10 One-in-five U.S. Republicans want Trump to drop out: Reuters/Ipsos poll – Reuters
8/10 Trump’s remarks on gun rights, Clinton unleash torrent of criticism – Reuters
8/10 Clinton leads Trump in 3 battleground states: New polls – CNBC
8/10 Emails highlight Clinton foundation’s ties to State Department – Wall Street Journal
8/10 BOJ review likely to defend massive stimulus program – Reuters
8/10 Trump suggests ‘second amendment people’ could stop Clinton – Bloomberg
8/10 The year America’s two-party system officially began to implode – Zero Hedge
8/09 Trump vows to “jump start” economy with “tax revolution” – Zero Hedge
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
8/11 SMA warns of pricing pressures in inverter market – PV Magazine
8/11 SunPower’s shock profit warning makes for tense earnings call – MarketWatch
8/11 Solarcity dodges SunPower inferno, but First & Canadian Solar torched – Investors
8/11 How Tesla’s batteries can change the solar power game – New Scientist
8/11 China’s solar market is stuck in a classic boom-bust cycle – Greentech Media
8/10 Marc Faber: Tesla shares are going to $0 – CNBC
8/10 NRG applies to acquire 2.1 GW of SunEdison solar and wind projects – PV Magazine
8/10 SunPower reports Q2, 2016 results, announces restructuring – SolarServer
8/09 First Solar beats revenue, tunes guidance, nears 17% module efficiency – GTM
Art of the Collapse
8/09 How you got screwed – a user’s guide to a rigged system – Zero Hedge
8/08 Greed corrupts in thrilling ‘Junk’ – San Diego Union-Tribune
8/08 Trump to replace Constitution with the Ferengi Rules of Acquisition – News Thump
8/02 Homer Simpson: “And that’s how I became a Democrat” – Zero Hedge
7/27 Meanwhile at the DNC – Zero Hedge
War, Civil Unrest, Privacy, Creeping Fascism, Police State
8/12 Rethinking the cold war – Paul Craig Roberts
8/11 China’s $15 billion energy ambitions crushed within two weeks – Bloomberg
8/11 Everything you need to know about America’s future – Sovereign Man
8/11 Russia pulls out of Ukraine peace talks citing Crimea attack – Mish
8/11 Ron Paul on CIA’s Morell cozying up to Clinton – AntiWar
Self-sufficiency, Food Security, Survival
8/09 A roof on the run – bug out shelters – Survival Sullivan
8/08 No, exercise does not wipe out previous memories – Kurzweil
8/08 Feed your family on zero acres – Reluctant Preppers
8/07 How to protect your financial apps from getting hacked – CNBC
8/05 Eating more plant protein associated with lower risk of death – Kurzweil
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
CyberWar, CyberTerrorism, CyberCrime
8/12 Russian hackers of DNC said to nab secrets from NATO, Soros – Bloomberg
8/11 You’ve been hacked! – Daily Reckoning
8/09 Health files make for a juicy target for thieves – Boston Globe
8/09 A no-rules cyberwar is well under way – San Francisco Chronicle
8/08 Is cyberwar turning otu to be very different from what we thought? – Politico
Off-Topic But Brilliant/Challenging/Infuriating
8/11 A population plague spreads around the globe – Bloomberg
8/09 More than 60% of Maldives’ coral reefs hit by bleaching – Guardian
8/09 “Zika zone” turns into ghost-town as planes spray neurotoxins – Zero Hedge
8/08 If flossing is out, prepare for a lot of bad breath – MarketWatch
8/08 Humpback whales are mysteriously rescuing animals from orcas – MNN
8/07 Washington Post will use robots to write stories about the Rio Olympics – Recode
8/07 The average Americans’ weight change since the 1980s is startling – CBS
8/07 Singapore unveils “real” self-driving taxis – Mish
8/06 Huge haul of slain sea turtles tests Vietnam – National Geographic
8/06 Florida shudders as Zika spread forces Miami shops to close – Bloomberg
8/03 A madman’s parachute-free skydive into a giant net – Wired
