Courtesy of John Rubino.
US manufacturing down, construction spending flat. But labor market improves, raising odds of September rate hike. Japan preparing major new stimulus, Europe considering it. Central bankers losing credibility while buying equities. Major shipping company collapses. Trump visits Mexico, confusing everyone. Clinton emails remain major problem.
Best Of The Web
These 3 charts explain the terrifying math behind pension funds’ shortfall – Bloomberg
Unknown voluntary servitude – AheadoftheHerd
Illustration of tiny size of silver market podcast – Smaulgld
Why gold will likely be much higher 10 years from now – Seeking Alpha
The 11 bone-chilling things I gleaned from Yellen’s chart – Wolf Street
Political left and right being upended by globalization politics – Nouriel Roubini
Yellen speaks Japanese – Talk Markets
Jim Rickards: “There will be a war on gold” – Sprott Global
Weekly commentary: Yellen unveiling, Jackson Hole 2016 – Credit Bubble Bulletin
All is calm, all is not right – Best Minds, Inc.
The reckoning – Alhambra Partners
French support for the EU project is crumbling on the Left and Right – Telegraph
Eight! – FOFOA
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Breaking News
The Economy
9/01 U.S. factory activity contracts in August; layoffs remain low – Yahoo!
9/01 Cash keeps pouring out of European stocks – Wall Street Journal
9/01 Investors miss out on $500 billion as global bond yields plunge – CNBC
9/01 China’s runaway M&A trains – Bloomberg
9/01 Defined benefit pension fund deficit grows by £100bn in a month – Guardian
9/01 The last 7 times this happened, US economy entered recession – Zero Hedge
9/01 Oil prices fall below $44 as high stocks offset talk of curbing output – CNBC
9/01 USDA sees 2016 farm income crashing as farmer leverage spikes – Zero Hedge
9/01 Brazilian economic collapse reaches unprecedented proportions – Zero Hedge
9/01 Jobless claims meet expectations, labor market firms – CNBC
9/01 US manufacturing back in contraction, construction spending flat – CNBC
9/01 Wall Street is destroying the economic recovery – Sovereign Investor
9/01 Pimco’s Baz says Japan in a bind as total debt tops 600% of GDP – Bloomberg
9/01 Marxist bubbles and Taleb’s Turkey – Macro Ops
9/01 Bill Gross says negative interest rates are nothing but liabilities – MarketWatch
9/01 Global supply chains paralyzed by container shipper bankruptcy – Zero Hedge
8/31 Bond king Gross says Fed has ‘mastered market manipulation’’ – GATA
8/31 Chicago business conditions soften, PMI shows – MarketWatch
Precious Metals
9/01 Huge ‘precious metals’ tonnages on Chinese bank balance sheets – Seeking Alpha
9/01 Is the gold market really manipulated? – King World News
9/01 Daily gold update – No respite in sight – Seeking Alpha
9/01 Koos Jansen: Why are Chinese banks holding gold? – GATA
9/01 Deutsche Bank refuses deliver of physical gold upon demand – Zero Hedge
8/31 Silver Wheaton Corp. is quietly becoming a top gold stock – Motley Fool
8/31 Gold: jobs report & Fed are key – 321Gold
8/31 2 silver mining stocks for a shiner portfolio: PAAS & HL – Yahoo!
8/31 What’s the correlation between miners and gold? – Market Realist
8/31 Gold’s strong summer may be harbinger of things to come – USA Gold
8/31 Why gold fell & what turning Japanese had to do with it – Seeking Alpha
8/31 Why gold isn’t keeping up with central bank balance sheets – GATA
8/31 Gold and silver stocks are exceptionally cheap according to this metric – Motley Fool
8/31 Gold may be worth much more than you think – Kitco
8/30 “Why case against gold is wrong” – GoldCore
8/30 Fed recommits to propping up markets no matter what – Money Metals Exchange
8/30 The night that is upon us and the dawn of a new era – GATA
8/30 The golden week: Upside opportunity as Fed fear fades – Seeking Alpha
8/30 A rate hike won’t stop this bull market – Seeking Alpha
8/30 Gold and silver stocks are exceptionally cheap according to this metric – Motley Fool
8/30 Gold doing something it’s only done twice in past decade – Business Insider
Inflation, Deflation, Currency War, Cryptocurrencies
9/01 Eurozone core inflation fall raises prospect of ECB stimulus – Guardian
9/01 Weak pound drives UK factories back from Brexit shock – Bloomberg
9/01 Chart shows central bank liquidity is now driving all asset prices – Zero Hedge
9/01 Euro zone inflation unchanged at 0.2% in August – CNBC
9/01 Slack eurozone inflation could spark more stimulus – CBS News
9/01 The great debate on negative interest rates – Yahoo!
9/01 5 ways blockchain solves inequality in the world – Blockchain-Investor.com
9/01 Central banks’ negative interest rates are hurting the global economy – Interest.co.nz
9/01 Hyperinflation is coming to the US… – GoldSeek
8/31 FOMC vice chair Stan Fischer endorses negative interest rates – 24hGold
8/31 Oops! How negative interest rates will lead to higher rates – Gold Republic
Real Estate Bubble
9/01 London’s elite ‘pushed out of exclusive postcodes by super rich’ – Guardian
8/31 US pending home sales jump in July – Yahoo!
8/31 Case-Shiller Home Price Index declines 0.1% – Mish
8/30 House price gloom in Canada a lesson for Australia – Financial Review
8/30 US home price gains ease in June: S&P/Case-Shiller – CNBC
DollarCollapse Podcasts
8/16 A tough time to manage money
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
Politics
9/01 Trump returns to hardline position on illegal immigration – Reuters
9/01 Hillary’s approval rating plunges to record low – Mish
9/01 Rajoy loses first vote, still no gov’t in Spain – Mish
9/01 Brazil formally impeaches Dilma Rousseff – Zero Hedge
8/31 Trending – 24H Gold
8/31 Rajoy six votes short: another election in Spain coming up? – Mish
8/30 John McCain is in the fight of his political life in the age of Donald Trump – WaPo
8/30 Hillary Clinton piles up research in bid to needle Donald Trump – NY Times
8/30 Marine Le Pen calls for Frexit – Express
8/29 Libertarian Johnson: US election so nuts I just might win – Bloomberg
8/29 Donald Trump’s debate prep is exactly what you’d expect it to be – Red State
8/29 Donald Trump has a massive Catholic problem – Washington Post
8/29 Clinton ad pushes issue of rage against Donald Trump – NY Times
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
9/01 Floating offshore wind farm could be the future of renewable energy – GE Reports
9/01 Wind power is a nice idea, until you get to the details – Washington Post
9/01 Tesla plans to raise funds this year to tackle cash crunch – Reuters
8/31 Solar study finds prices plunged 75 percent since ’09 – San Francisco Chronicle
8/31 The $8 Trillion fight over how to rid America of fossil fuel –Bloomberg
8/31 Trina solar starts Japan battery storage subsidiary – ReCharge
8/31 Australia readies for big solar boom as PV costs fall – PV Magazine
8/30 California climate change laws: More electric cars, solar power – Mercury News
8/29 The price of solar is declining to unprecedented lows – Scientific American
Art of the Collapse
8/17 The hardest job in the world: Donald Trump’s campaign surrogates – Daily Show
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
9/01 Facebook just got a whole lot creepier – Liberty BlitzKrieg
9/01 Key Islamic State leader killed in apparent U.S. strike in Syria – Reuters
8/30 Syria war: US warns over Turkish-Kurdish violence – BBC
8/30 Rockets hit Saudi border town as Yemen war flares anew – Reuters
8/30 Chicago records “most violent month in 20 years” – Zero Hedge
8/29 Rebranded Al Qaeda group in Syria receiving US weapons – Shadow Proof
Self-sufficiency, Food Security, Survival
8/29 ‘Property a better bet than pensions’, says Bank of England – Telegraph
8/29 Mediterranean diet better for the heart than taking statins – Telegraph
8/28 Grow your own by all means, but self-sufficiency is not the answer – Guardian
8/25 What life will be like after an economic collapse – Survival Sullivan
8/25 Cancer epidemic getting worse – Dr. Sircus
8/23 Baking soda and lemon juice – Dr. Sircus
CyberWar, CyberTerrorism, CyberCrime
8/31 Four corners ‘cyber war’ – Vimeo
8/31 Is it really as bad as Four Corners’ cyber War documentary implies? – Conversation
8/30 Clear and present danger to your life as of now from cyberblitzkrieg – Kurzweil
8/30 FBI finds “foreigners” breached two state election databases – Zero Hedge
Off-Topic But Brilliant/Challenging/Infuriating
9/01 Cheaper taxi fares coming up – Mish
9/01 The Anthropocene epoch: scientists declare dawn of human-influenced age – Guardian
8/31 Drone meets shotgun: 65 year-old woman blasts it out of the sky – Mish
8/31 More than half of south Asia’s groundwater is contaminated – study – Guardian
8/30 The hype-and hope-of articial intelligence – New Yorker
8/30 Here are the winners of the first beauty contest judged by AI – Observer
8/30 Surge in heroin overdoses “unlike anything we’ve seen before” – Telegraph
8/29 50 posters that rocked the world – Xerox
8/29 49ers fans burn Kaepernik jerseys after ‘black-oppression’ – Zero Hedge
8/28 Israel black hole breakthrough – WWLP
8/28 NASA spacecraft Juno makes closest ever approach to Jupiter – Telegraph
