Courtesy of John Rubino.
US jobs, service sector growth disappoint, lowering odds of September rate hike and sending stocks, gold higher. Japan preparing major new stimulus, Europe considering it. The war on cash heats up. Central bankers losing credibility while buying equities. Major shipping company collapses. Trump visits Mexico, confusing everyone. Clinton emails remain major problem. Polls tighten.
Best Of The Web
Magical thinking – Financial Sense
Negative interest rates and the war on cash (2) – Automatic Earth
The anti-Cinderella man (part one) – Burning Platform
Negative interest rates and the war on cash (1) – Automatic Earth
Sorry losers! – Peak Prosperity
These 3 charts explain the terrifying math behind pension funds’ shortfall – MarketWatch
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
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Breaking News
The Economy
9/06 US service sector growth drops to 6-year low – Bloomberg
9/06 ECRI Weekly Leading Index at multi-year highs – Financial Sense
9/06 California court case opens door for pension benefit reductions – Bloomberg
9/06 Ireland “especially exposed” to”international shocks” warns central bank – GoldCore
9/06 “Mother’s milk” is drying up fast – Zero Hedge
9/06 Freaky fall looms for market after sleepy summer – CNBC
9/06 “Zombie apocalypse”: The Hanjin bailout that didn’t happen – Wolf Street
9/06 BOJ’s Kuroda says room for more easing, including new ideas – Reuters
9/06 Japan’s long bonds add to worst rout in three years as BOJ looms – Bloomberg
9/06 A small stock market swoon might unleash the next credit nightmare – Wolf Street
9/06 China’s economy falls into ‘confidence trap’ – SCMP
9/06 How central banks are LBOing the world in one stunning chart – Zero Hedge
9/05 The most irrational chart in the world – take a look – MunKnee
9/05 ECB board member lashes out at central banking – Zero Hedge
9/05 9.93 million more gov workers than manufacturing workers – Confounded Interest
9/05 Chinese consumers take credit for boom in car loans – Reuters
9/05 Debt rattle – Automatic Earth
9/05 17 million kids went to college to be waiters and bartenders – My Budget 360
Precious Metals
9/06 Gold pops on weaker dollar, Fed indecision – MarketWatch
9/06 Before you buy an ounce of gold or silver, watch this – GoldSilver
9/06 Hedge funds drop bullish gold bets to two-month lows – Kitco
9/06 Central banks’ monetary policies a good reason to own gold – Gold And Liberty
9/05 Are the gold guys ready for prime time? – 24hGold
9/05 5 gold juniors trading at big discounts – MunKnee
9/05 Gold fundamentals still in progress – Seeking Alpha
9/05 Barrick to focus on scaled-back Pascua-Lama project – GATA
9/04 Gold sector correction – What happens next? – Acting Man
9/04 Miners’ second-quarter gold hedging is highest for six years – GATA
9/04 The “wildcards” that will push gold prices even higher – Birch Gold
9/04 Gold and silver – Fiat “dollar” says gold and silver will struggle – Edge Trader Plus
9/04 Chinese buy gold, sell Treasuries — should you? – Econimica
9/04 Silver miners’ Q2 2016 fundamentals – Seeking Alpha
9/04 Gold sector correction – what happens next? – Seeking Alpha
9/04 3 best gold stocks to buy – Motley Fool
9/04 An important low for gold and gold stocks? – Daily Gold
9/03 The coming gold super-spike – Daily Reckoning
9/03 Gold & silver: key candlesticks in play – 321Gold
9/03 Deutsche Bank on why it didn’t deliver physical gold – Zero Hedge
9/03 The real reason gold is up 25% in 2016 – Kitco
9/03 Phony US employment numbers, toxic Fed strategies boost gold & silver – Daily Bell
Inflation, Deflation, Currency War, Cryptocurrencies
9/06 US dollar hegemony questioned – Financial Sense
9/06 Draghi nears his QE3 as EB seen relying on more stimulus – Bloomberg
9/06 Negative interest rates and the war on cash (1) – Market Oracle
9/06 Keeping Eurozone together costlier than breaking it up – LSE
9/06 “No limit to monetary easing” says Bank of Japan – Mish
9/05 China, U.S. to refrain from competitive currency devaluations – Yahoo!
9/05 Dollar hegemony endures as share of global transactions rises – Telegraph
9/05 More spend, less thrift – Economist
9/04 Why low interest rates are now doing more harm than good – Telegraph
9/04 Mexico dumps US Treasuries as Trump marches closer to presidency – Smaulgld
Real Estate Bubble
9/06 As housing reignites, even bust towns are booming again – MarketWatch
9/06 Auckland’s surging house prices top Sydney, parts of NY – Bloomberg
9/05 Home sales plunge: A good reason to panic – Sputnik
9/04 It starts: Rents drop in 10 of the top 12 US markets – Wolf Street
9/04 Apartment correction to cause Australia-wide recession: report warns – SMH
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
9/06 Le Pen promises Frexit and vows to crush radical Islam – Express
9/06 Trump cuts into Clinton’s lead as crucial stretch begins – Politico
9/06 Hillary Clinton flies with the traveling press corps for the first time – CNN
9/06 Hillary Clinton fights back coughing attack – NBC News
9/06 German anti-immigrant party beats Merkel in her home district – Reuters
9/06 Donald Trump: We need more stop-and-frisk – Ron Paul Institute
9/06 Donald Trump does worse with Latinos than last 6 republican candidates – Vox
9/06 Mexicans gave Donald Trump the hostile welcome he deserved – Guardian
9/06 How to beat Donald Trump in a debate – Huffington Post
9/05 Merkel’s party crushed in regional German election – BBC
9/05 After snubbing Obama, China gives Putin red carpet treatment – 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
9/04 Oklahoma quake matches record even after fracking waste restricted – Bloomberg
9/03 Scientists solve puzzle of converting gaseous carbon dioxide to fuel – Phys
9/03 California reaches $900 million spending deal to cut emissions – Midwest Energy News
9/03 JP Morgan asset management acquires solar developer Sonnedix – Reuters
9/03 Trina solar starts Japan battery storage subsidiary – ReCharge
9/02 US wind power surpasses 75 GW and Americans love it – Huffington Post
9/02 Elon Musk is pushing Tesla hard – Bloomberg
9/02 Elon Musk faces cash squeeze at Tesla, SolarCity – Wall Street Journal
9/01 Floating offshore wind farm could be the future of renewable energy – GE Reports
Art of the Collapse
9/03 Why you should enroll in the chartered central bank watcher – Zero Hedge
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
9/06 Migrant crisis: Hungary police recruit ‘border-hunters’ – BBC
9/06 Philippine leader issues foul-mouthed warning to Obama – Politico
9/05 Doug Casey on why the US global robocop will self-destruct – Casey Research
9/04 The rising tide against Muslim immigrants – Dr Sircus
9/04 Prohibition and mass incarceration – Cato Institute
Self-sufficiency, Food Security, Survival
9/04 Syngenta terrorized scientist for 15 years to quell concerns about Atrazine – Mercola
9/03 Keep your family warm when the furnace is out – Reluctant Preppers
9/02 Intelligent parents are refusing vaccinations – Dr. Sircus
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
CyberWar, CyberTerrorism, CyberCrime
9/06 11 ghostly things I got out of NSO group’s iPhone hack – Wolf Street
9/04 Hack turns Mac computers into spying devices – Telegraph
9/04 Forget software – now hackers are exploiting physics – Wired
9/03 Understanding the military buildup of offensive cyberweapons – ZD Net
Off-Topic But Brilliant/Challenging/Infuriating
9/06 Warming oceans are ‘sick,’ global scientists warn – Yahoo!
9/06 World’s largest gorillas ‘one step from going extinct’ – Yahoo!
9/05 “Half the forms of life on Earth will be gone by 2050” – Zero Hedge
9/03 No batteries required: The first autonomous, entirely soft robot – Tech Xplore
9/02 All aboard the most ridiculous, stupidly huge cruise ship on Earth – Wired
9/02 ‘Our living dinosaurs’ – CNN
9/02 SpaceX rocket blast destroys satellite for Facebook project – Bloomberg
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
