Courtesy of John Rubino at Dollar Collapse
US debt becomes an issue. Bill Gross starts shorting corporate bonds. Great interviews with James Rickards and Helen Chaitman. Yesterday’s strong US economic reports are called into question. China plans to borrow even more. Oil stabilizes and gold continues to correct. Look for next week’s COT report to be a lot less bearish. Bitcoin gets a serious cryptocurrency competitor. Trump clinches the nomination.
Best Of The Web
Dominic Frisby interviews James Rickards – Frisby’s Bulls & Bears
Criminal bankers threaten entire world economy – USA Watchdog
Gold: Intelligentsia – you’re fired! – 321Gold
The business of central banks is like pornography – Finanz und Wirtschaft
Stock share buybacks now bought out – The Great Recession
Rick Rule on gold’s bull market – King World News
We’re in the eye of a global financial hurricane – OfTwoMinds.com
The coming Fed-induced pension bust – Hussman Funds
“We are becoming convinced that the system won’t stabilize” – Zero Hedge
Trump victory odds soar as the Hillary Clinton ‘death cross’ strikes – Zero Hedge
What we have now isn’t capitalism – Wall St. For Main St.
Weekly commentary: unambiguous signals disregarded – Credit Bubble Bulletin
Doggie (life) style – AheadOfTheHerd.com
Observations from the heart of Silicon Valley – Peak Prosperity
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Breaking News
The Economy
5/27 Global financial crisis coming – GoldCore
5/27 U.S. economic growth revised higher in first quarter; profits rebound – Yahoo!
5/27 Oil slips as $50 level sparks new output fears – Reuters
5/27 Debt rattle – Automatic Earth
5/27 How credit fuelled China’s incredible boom – South China Morning Post
5/27 China’s stocks post longest weekly losing streak in 4 years – Bloomberg
5/27 EU warns China to expect new steel tariffs – CNBC
5/27 Debt is hurtling the US toward an economic crisis – Business Insider
5/27 The next big crash of the US economy is coming, here’s why – SRSrocco Report
5/27 GDPNow bounces to 2.9% following durable goods report – Mish
5/27 China flags room to boost government debt to support growth – Bloomberg
5/27 The king of (credit) pain? – Bloomberg
5/27 China’s ‘feud’ over economic reform reveals Xi Jinping’s secret state – Guardian
5/27 We have entered the looting stage of capitalism – Paul Craig Roberts
5/26 US weekly jobless claims total 268,000 vs 275,000 estimate – CNBC
5/26 US durable goods surge on transportation, but business spending weak – CNBC
5/26 US government quietly cuts historical Capex data by billions of dollars – Zero Hedge
5/26 Gross trying to short credit to reverse decades of instinct – Bloomberg
Precious Metals
5/27 Market Report: PMs consolidating further – GoldMoney
5/27 Gold looking vulnerable while gold stocks correct – Daily Gold
5/27 India’s banks still dragging their feet with gold monetization scheme – GATA
5/27 Which gold miners can pursue mergers and acquisitions – Market Realist
5/27 The real (and boring) reason China is buying a lot of gold now – The Street
5/27 Expect a ‘huge’ drop in gold next week: strategist – Yahoo!
5/27 Remember my warning in gold and mining shares? – Money And Markets
5/27 China and Russia continue to add to gold reserves – Schiff Gold
5/27 Weekly wrap up – Sprott
5/27 Is it too late to buy gold? – Casey Research
5/27 How NOT to invest in the gold market – 24hGold
5/27 New golden bull or has the market gone too fast for too long? – Streetwise Reports
5/27 Gold and the dollar – Seeking Alpha
5/26 Miner sees silver price surging ninefold as global gadgets boom – Bloomberg
5/26 Get into gold now! Prices could hit $1,900: Boockvar – CNBC
5/26 Nick Barisheff: The billionaires are wrong on gold – GATA
5/26 Storing precious metals safely is just as important as buying them – SRSrocco Report
Inflation, Deflation, Currency War, Cryptocurrencies
5/27 Japan CPI back below zero, shares rally expecting more stimulus – Mish
5/27 Corporate Japan much more downbeat about escape from deflation – Reuters
5/27 Helicopter money is putting the yen’s value at ‘great risk’ – Bloomberg
5/27 Burned by bitcoin scnadal, Japan is introducing controls – Fortune
5/27 A brief history of bitcoin and bitcoin mining – News BTC
5/27 India joining cashless society – pulling the plug on govt – Armstrong Economics
5/27 Bitcoin surges to 2016 highs on rising China demand – Zero Hedge
5/27 Gross says central bank forgiving debt is only endgame for Japan – Bloomberg
5/27 Governments use inflation as a hidden tax – Voices of Liberty
5/27 Quantitative Easing and the corruption of corporate America – DiMartino Booth
5/26 Draghi stimulus pushes euro junk-bond yields toward 10-month low – Bloomberg
5/26 The central bank war on savers – Seeking Alpha
Real Estate Bubble
5/27 Ulltimate market timer: “Know what the problem is?” – Wolf Street
5/27 Miami’s condo frenzy ends with inventory piling up in new towers – Bloomberg
5/27 Chinese interest in Australian homes is starting to drop – Bloomberg
5/27 Britain’s property market is going to implode – Business Insider
DollarCollapse Podcasts
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
3/30 The inevitable is now imminent
3/22 Huge government deficits coming
3/17 Same mistakes, bigger scale
Politics
5/26 Warren on Trump: “A small, insecure money-grubber” –Salon
5/26 What Sanders’ new endorsements say about his future plans – Washington Post
5/26 Here’s why Clinton should still be worried about Sanders – Fortune
5/26 State department rules Hillary created “security risks” – Mish
5/26 Ryan said to tell confidants he’s ready to end Trump Impasse – Bloomberg
5/26 Brexit: wrong discussion, wrong people, wrong arguments – Automatic Earth
5/26 Trump 2016: Poll results are baffling experts – Profit Confidential
5/26 Trump’s new attack ad targets claims of rape against Bill Clinton – Examiner
5/26 Clinton cash coming to a threater near you – Armstrong Economics
5/25 Sanders scores a big victory in his battle with Clinton – Fiscal Times
5/25 Lower away! – 24H Gold
5/25 Who paid Hillary Clinton from 2013-2015 – Zero Hedge
5/25 Internet reformation: undeterred by current elections – Daily Bell
5/25 Trump escalates, calls Vince Foster suicide “very fishy” – Zero Hedge
Offshore Investing
5/20 EU to compile common blacklist of tax havens, sanction them – Reuters
5/17 Panama Papers: dozens of Americans tied in – Panama Papers
5/17 Panama Papers hub in Miami: Citigroup’s private bank – Wall St on Parade
5/12 Crooks, terrorists, tax evaders: Can new shell company rule stop them? – Reuters
Clean Tech
5/26 DOE wants grid to be able to handle 100% mid-day peak solar – Electrek
5/26 Saudi Arabia to revive its solar power program at smaller scale – Bloomberg
5/26 Australian lithium miners in focus on rising demand for electric vehicles – CNBC
5/25 Largest US power grid supply costs drop 39% in auction – Bloomberg
5/25 Tesla compared to Enron, Ponzi scheme in scathing new research report – ZH
5/25 Q2 On special assignment: Wind power blowing across Montana – KTVQ
5/24 Tesla confirms details of Powerwall improvements – GTM
5/24 Google’s project sunroof expands to 42 states and millions more rooftops – GTM
5/24 SolarCity Corp surges on news of solar power system Implementation –Value Walk
5/24 World Bank approves $750 Million for Indian solar power projects – Clean Technica
5/24 $4 billion wind farm for Scotland as it leads push for wind energy –CNBC
5/23 Top hedge fund sees solar power viability –Value Walk
Art of the Collapse
5/08 ‘Dilbert’ creator’s 6 reasons why Trump will win – Zero Hedge
5/06 The book that will save banking from itself – Bloomberg
5/04 America’s best and brightest – 321 Gold
4/25 Hillary Clinton’s full speech to Goldman Sachs – Liberty Blitzkrieg
War, Civil Unrest, Privacy, Creeping Fascism, Police State
5/26 IRS malfeasance gives a glimpse of larger gov’t corruption –Daily Bell
5/25 Saudi culture exports extremism, former 9/11 commissioner says –Bloomberg
5/25 Shootings in Chicago are up astonishing 50% year-over-year – Zero Hedge
5/24 Obama’s fatal fatalism in the Middle East – Washington Post
5/24 How the Pentagon punished NSA whistleblowers – Guardian
5/23 Afghan peace still far away after US kills Taliban leader –Bloomberg
5/23 ‘Niger Delta Avengers’: Who they are, and what they want – CNBC
5/23 These Americans are preparing for war with their own gov’t – Zero Hedge
Self-sufficiency, Food Security, Survival
5/24 Magnesium deficiency: How to know to avoid chronic disease –Natural Health
5/24 Can cancer really be prevented? – Dr Sircus
5/24 The five ‘hidden killers’ that could send you to an early grave – Daily Mail
5/24 Can you bug in if you live in the city? – Survival Sullivan
5/23 Tiny is so very big– Market Watch
CyberWar, CyberTerrorism, CyberCrime
5/22 Cyberwar: The smart person’s guide – Tech Republic
5/21 Yet another major cyberheist in ‘secure’ global payments system – Zero Hedge
5/20 Cyber-war gets real – Baseline Mag
5/20 Cyber war vs. Islamic State ‘work in progress’ – VOA News
5/20 Cyberspace’s invisible armies – ECNS
Off-Topic But Brilliant/Challenging/Infuriating
5/26 The empty brain – Aeon
5/25 Nasdaq rejects cannabis company’s listing application – MarketWatch
5/25 NFL tried to fund govt concussion research to influence it – MarketWatch
5/25 Gene helps prevent heart attack, stroke, aging – Kurzweil
5/25 Will this augmented reality machine really replace your PC? – Bloomberg
5/23 Dirty driving: Ride-hailing services worst culprits for germs, study says – CNBC
5/23 Across Africa, the worst food crisis since 1985 looms for 50 million – Guardian
5/23 New evidence about the dangers of Monsanto’s roundup – Intercept
