Courtesy of John Rubino.
Escorts and McDonald’s both point towards slowdown. China’s credit risk grows. Japan ramps up stimulus, rest of world soon to follow. 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. Gold’s COT report improves dramatically, though not enough to signal a bottom. Bitcoin is soaring on China demand. Trump clinches the nomination, but won’t debate Sanders. Clinton’s emails continue to haunt her.
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
5/30 How many bad loans? – Bloomberg
5/30 China’s veiled loans may prove lethal – Bloomberg
5/30 Yellen’s comments boost dollar, hurt 10s and gold – Seeking Alpha
5/30 Debt rattle – Automatic Earth
5/30 Negative rates fail to spur investment for corporate Europe – Bloomberg
5/30 China defualt chain reaction threatens products worth 35% of GDP – Bloomberg
5/30 Cuddling and Egg McMuffins show economic slowdown underway – Financial Sense
5/30 ‘Seismic shift’ coming for US dollar, gold market – Financial Sense
5/30 World’s Japanese growth engine stays in the station – Financial Review
5/30 Australia’s debt problem looks worse than China’s – Financial Review
5/30 Millennials and living at home – Dr. Housing Bubble
5/30 Debt rattle – Automatic Earth
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 statistical shenanigans – David Stockman
5/29 After all that money printing – labor productivity has collapsed – David Stockman
Precious Metals
5/30 Gold price forecasts revised higher to $1400/oz – GoldCore
5/30 London precious metals clearing’s objective is ignorance – GATA
5/30 Gold and silver aren’t getting stronger – Sprott
5/30 Gold and silver – at significant support. New “story” developing – Edge Trader Plus
5/30 Energy & debt crisis point to much higher metals price – SRSrocco Report
5/30 For how many millennia do John Plender and the FT plan to disparage gold? – GATA
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
Inflation, Deflation, Currency War, Cryptocurrencies
5/30 Saudi Arabia’s net foreign assets fall to four-year low – Bloomberg
5/30 China fixes yuan at more than five-year low against dollar – GATA
5/30 Oil rally gives ECB inflation forecasts a boost – Telegraph
5/30 Jubilee debt relief as prelude to new global economic order – Market Oracle
5/30 Bitcoin soon to be accepted at online casinos – NewsBTC
5/30 Bitcoin skyrockets and is now up more than 100% this jubilee year – Dollar Vigilante
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
Real Estate Bubble
5/30 Sam Zell dumps holdings, warns “the Fed deferred reality for too long” – Zero Hedge
5/30 Homes priced in ounces of gold – Smaulgld
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
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
5/29 Third parties rising throughout Europe – Armstrong Economics
5/29 NBC’s Andrea Mitchell: Clinton email controversy ‘devastating’ – Washington Examiner
5/29 Goldman Sachs is the gift that keeps on giving… to the Clintons – Zero Hedge
5/29 Inspector general hangs Hillary out to dry –Armstrong Economics
5/29 Donald Trump’s horrifying gullibility in his energy speech – Vox
5/29 The darkest theory yet about why Donald Trump keeps winning – WaPo
5/29 The most troubling part about Clinton’s email audit –Law Newz
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
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
5/29 Tall buildings are bigger threat to birds than wind power – Bloomberg
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
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
5/29 ISIS advance traps 165,000 Syrians at border –HRW
5/29 Silencing the US as it prepares for war –Info Clearing House
5/29 All hail, Michael Madigan, dictator of Illinois –Mish
5/29 Putin’s last warning to Turkey –Euro Asia New
5/29 I’m Muslim don’t panic – Power Line Blog
5/29 Sweden: Is Islam compatible with Democracy? –Zero Hedge
5/29 The new state department report on Hillary’s email – Ron Paul Institute
5/28 Putin says Romania, Poland may now be in Russia’s cross-hairs – Reuters
Self-sufficiency, Food Security, Survival
5/29 Eat some Sesame seeds to fight oxidative stress – Modern Farmer
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
CyberWar, CyberTerrorism, CyberCrime
5/29 North Korea linked to digital thefts from global banks – NY Times
5/29 President Obama threw a cyberwar… and no one came – Tech Dirt
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
Off-Topic But Brilliant/Challenging/Infuriating
5/29 How to become gluten intolerant –JP Sears
5/29 Successfully dating a spiritual person – JP Sears
5/29 Scientists find diabetes cure in mice, don’t know how it works – Ars Technica
5/29 How the deadly sin of avarice was rehabilitated as self interest – Evonomics
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
