Courtesy of John Rubino.
China’s growth slows further. Japan ramps up the stimulus, bolstering the thesis that huge deficits are the next big financial mistake. The government’s fake numbers become a campaign issue. Charles Hugh Smith on why pension funds (that is, your retirement) are doomed. Great interviews with James Rickards and Helen Chaitman. 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, but won’t debate Sanders. Clinton gets some bad legal news.
Best Of The Web
Here’s why all pension funds are doomed, doomed, doomed… – OfTwoMinds.com
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
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Breaking News
The Economy
5/29 China April industrial profit growth slows from March – Money Control
5/29 Rauner vetoes bill reducing pension contributions – Mish
5/29 Weekly commentary: Just the facts – Credit Bubble Bulletin
5/29 The banking crisis in Spain is back – Wolf Street
5/29 Mind the seasonal maladjustments and other statistical shenanigans – David Stockman
5/29 After all that money printing – labor productivity has collapsed – David Stockman
5/29 Nobody has a job in 20% of all US families – Most Important News
5/28 Japan’s Abe plans up to $90.7 billion stimulus – Bloomberg
5/28 Companies go on worldwide bond bender with $236 billion of sales – Bloomberg
5/28 Trump: Only ‘dummies’ believe Fed’s unemployment figure – New York Post
5/28 Debt rattle – Automatic Earth
5/28 Earnings fall at fastest rate since the Great Recession – MarketWatch
5/28 China milks debt bubble for last drop of growth – Barron’s
5/28 June rate hike immaterial – Schiff Gold
5/28 Deflation is a direct result of our attempts to create inflation through easy money – FRA
5/28 Nearly 50% of recent college graduates overqualified for their jobs – My Budget 360
5/28 Durable goods take II: original report vs. revisions – Mish
5/27 Yellen: interest rate rise coming “in months” – MarketWatch
Precious Metals
5/29 Why China’s largest bank just bought a massive gold vault – Motley Fool
5/29 Commercial traders do something unprecedented in report’s history – Seeking Alpha
5/29 The Fed can’t make a decision, but they can make gold glitter – Birch Gold
5/29 The arguments for gold in 2016 that no one should ignore – Birch Gold
5/29 A few questions to those who slam gold – Zero Hedge
5/29 Pierre Lassonde interview – King World News
5/28 Gold futures slide to lowest close in 3 months – MarketWatch
5/28 Gold and silver – at significant support. New “story” developing – Edge Trader Plus
5/28 5 things you need to know about investing in gold – Kiplinger
5/28 ‘Strong hands’ returning to gold in new world of negative yields – Bloomberg
5/28 Gold miner investors could stand to be more paranoid – NewsMax
5/28 What Austria’s gold audit means for you – Sovereign Investor
5/28 Precious metals: Key price levels now – 321Gold
5/28 Gold juniors’ Q1’16 fundamentals – SafeHaven
5/28 National Post mocks gold manipulation without ever questioning a central bank – GATA
5/28 Interviews with Maguire, Embry, and Turk – GATA
5/28 Mark Faber says this could send gold mining stocks surging – Profit Confidential
Inflation, Deflation, Currency War, Cryptocurrencies
5/29 China depreciates currency to 5 year low – China Topix
5/29 Bitcoin enabled as an investment option for retirement accounts – CryptoCoins News
5/29 China thinks the US will default via inflation – Birch Gold
5/29 Currency tranquility is calm before storm as risks taunt traders – Bloomberg
5/29 Bitcoin is soaring on unprecedented burst in Chinese buying – Zero Hedge
5/28 Why the euro is a doomed currency – Gold Eagle
5/28 Paris and Berlin ready ‘Plan B’ for life after Brexit – Financial Times
5/28 Ethereum is the forefront of digital currency – FinTech
5/28 Helicopter money is putting the yen’s value at ‘great risk’ – Bloomberg
5/28 Russia considers banning bitcoin and making a knockoff – Vocativ
5/28 Who stands in the way of Beijing’s own crude futures? – Sputnik News
5/28 Why are China and Russia selling US debt? – Market Realist
Real Estate Bubble
5/28 A worrisome pileupon of $100 million homes – New York Times
5/28 House prices compared with earnings ‘close to pre-financial crisis levels’ – Guardian
5/28 Toronto’s red-hot market sends property values soaring – The Star
5/27 Ulltimate market timer: “Know what the problem is?” – Wolf Street
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
5/28 5 things the Libertarian party stands for – Zero Hedge
5/28 Trump decides he won’t debate Bernie, out of fear – Zero Hedge
5/28 First “shocking” deposition in Clinton email case – Zero Hedge
5/28 Why recent polls should worry Hillary Clinton – Bloomberg
5/28 Donald Trump: Elizabeth Warren is ‘as Native American as I am’ – CNN
5/28 Elizabeth Warren’s unconventional messaging – NPR
5/28 Austria launches probe into presidential election vote fraud – Zero Hedge
5/28 Hollande vows to press new French labor law as unions resist – Bloomberg
5/28 Can Elizabeth Warren unite divided Democratics to stop Trump? – Huffington Post
5/28 Nigel Farage gearing up for UKIP leadership battle if Britain rejects Brexit – Telegraph
5/27 Leaked TISA docs reveal secret ‘global constitution’ – Daily Bell
5/27 How Donald Trump is winning over Wall Street – Daily Bell
5/27 Bernie agrees to debate Trump – CNBC
5/26 Warren on Trump: “A small, insecure money-grubber” –Salon
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
5/28 There’s a lot to unpack in Trump’s answers about energy policy – Washington Post
5/28 Wind energy’s rustic years are over – Slate
5/28 Solar story is just getting started – Financial Sense
5/28 Trump vows to undo Obama’s climate agenda –Reuters
5/27 Generation wind – building a bridge to America’s clean energy future – Huffington Post
5/27 Wind Power to supply 10% of US Electricity by 2020 –Clean Technica
5/27 How fast can solar and wind grow? –Oil Price
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
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
5/28 Putin says Romania, Poland may now be in Russia’s cross-hairs – Reuters
5/28 The many failures of the EU-Turkey refugee deal –Spiegel
5/28 Islamic State advance near Turkish border, civilians trapped –Reuters
5/28 The coming drone blowback –Anti War
5/28 Push for encryption law falters despite Apple case spotlight – Reuters
5/27 Secret text in senate bill would give FBI warrantless access to email – Intercept
5/27 The NY Times’ abject cowardice on Israel –Intercept
5/27 Trump rallies reveal civil unrest – Most Important News
Self-sufficiency, Food Security, Survival
5/27 Living a longer life with baking soda – Dr Sircus
5/27 The hidden side of Wall Street’s “mischief”– Economy and Markets Daily
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
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
5/28 Quack squad on the hunt – Reuters
5/27 The worst of Wall Street is taking over sports betting – Vocativ
5/27 Kelly Slater built the perfect wave. Can he sell it to the world? – Bloomberg
5/27 A clever tweak to how apples are sold makes us eat more of them –Wash Post
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
