Courtesy of John Rubino.
Stocks recover on US payrolls beat and Abe’s reelection in Japan. Gold and interest rates stabilize with yield curves flattening to 2007 levels. Civil unrest in the US, as sniper kills five police in Dallas. UK Conservative party appears to have chosen a leader. Clinton gets a pass from FBI on emails, GOP is enraged.
Best Of The Web
Wall Street Monkeyshines – look Ma, no hands! – David Stockman
The great market tide has now shifted to risk-off assets – Peak Prosperity
Sovereign market dislocation and derivatives turmoil – Credit Bubble Bulletin
Firm that called 08-09 crash doesn’t like most stocks or bonds – MarketWatch
What if the US Treasury yield curve nulls out? – Seeking Alpha
Gold stocks’ record summer surge – Zeal
European banks and Europe’s never-ending crisis – Acting Man
When narratives go bad – Salient
World faces deflation shock as China devalues yuan at accelerating pace – Telegraph
Lacy Hunt on negative multiplier of government debt – Mish
Nigel Farage’s farewell press conference – EU Parliament
“Incredibly stupid” Juncker opens Pandora’s Box – Automatic Earth
Just a game – Janus Capital
—————————————————————–
Breaking News
The Economy
7/11 Abe set for upper house super majority after Japan election – Bloomberg
7/11 China pension readies $300 billion warchest for market foray – Bloomberg
7/11 Brexit seen biting profit for years at US banks – Bloomberg
7/11 Bank born out of Black Death struggles to survive – Bloomberg
7/11 Fed’s Labor Markets Conditions Index tumbles for 6th straight month – Zero Hedge
7/11 Tokyo welcomes Treasury investors to ‘world of Japanification’ – Confounded Interest
7/11 Asia markets jump; Nikkei surges after Abe’s election landslide – CNBC
7/11 Deutsche Bank chief economist: “Europe is seriously ill” – Mish
7/11 Japan Prime Minister’s coalition appears headed for election – CNBC
7/11 Debt rattle – Automatic Earth
7/11 Belgian premier warns Eu won’t help UK out of “black hole” – Mish
7/11 Deutsche Bank’s CoCo bonds hit 11.50% yield – Alternative Economics
7/11 The folly of central bankers – Forbes
7/10 Another financial crisis? – LA Times
7/10 Why investors should give up hoping rates will normalize – Seeking Alpha
7/10 Brexit fallout – the economic impact in six key charts – Guardian
7/10 The fallout edition – Slate Money
7/10 Governments around the world struggle to stay afloat – Birch Gold
7/10 The threats to global equities – InvestmentWeek
Precious Metals
7/11 Citigroup backs commodities for ’17 in ‘especially bullish call’ – Bloomberg
7/11 Pan American Silver to the rescue – Seeking Alpha
7/11 Gold in three minutes – Cincopa
7/11 Prepare for liftoff: gold market flashes extremely rare signal – Seeking Alpha
7/11 Gold market reaching an extreme tipping point – Resource Investor
7/11 Noonan: “Gold appears poised to continue its rally” – MunKnee
7/11 Gold:silver ratio suggests much higher future price for silver – MunKnee
7/11 Physical gold and silver vs. failing European banks – LinkedIn
7/11 The big silver long – what gives? – Silver Coin Investor
7/11 How high can silver go? – Talk Markets
7/11 Gold and silver’s ascent pauses: will prices crash? – Seeking Alpha
7/11 Analysis of a generational precious metals miner move – Gold Eagle
7/10 Silver set to outpace gold – Barron’s
7/10 The rise and fall of the specs with no clothes – Silver Coin Investor
7/10 Gold has ‘unlimited upside’ because the Fed is ‘confused’ on policy – CNBC
7/10 Another week and another record-breaking speculative gold position – Seeking Alpha
7/10 GATA Chairman Murphy discusses metals’ astounding upward reversal – GATA
7/10 Gold – eerie pattern repetition revisited – Seeking Alpha
7/10 What’s behind gold’s crazy post-jobs volatility – CNBC
7/10 Trader bets $15 million on gold’s luster – CNBC
7/09 Angst-ridden Japanese investors seen seeking haven in Swiss gold – Bloomberg
Inflation, Deflation, Currency War, Cryptocurrencies
7/11 Sterling surges, UK stocks enter bull market – Zero Hedge
7/11 The “only question that matters for global investors” – Zero Hedge
7/11 Black hole of negative rates is dragging down yields everywhere – Wall Street Journal
7/11 70% of German bonds are no longer eligible for ECB purchases – Zero Hedge
7/11 China June inflation eases further, more policy stimulus anticipated – CNBC
7/11 Will the Bank of England cut interest rates this month on Brexit risks? – Forbes
7/11 Why we’ll never see “normal” interest rates again – Investment U
7/10 Inflation – deflation – Smart Money Tracker
7/10 Bitcoin ‘miners’ face fight for survival as new supply halves – CNBC
7/10 Bitcoin versus ethereum: room for both? – Huffington Post
Real Estate Bubble
7/11 Money rates: can they go lower? – Our Broker
7/11 First-home buyers hit lowest level in a decade, price falls ‘needed’ – Domain
7/11 Bernard Hickey: The great housing down-trou – NZ Herald
7/11 How to invest in vacation rentals – Talk Markets
7/08 How hot Chinese money is making Vancouver unlivable – Guardian
7/08 Europe is full …of empty houses – Life Seekers
DollarCollapse Podcasts
7/01 Bexit 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
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
Politics
7/11 Soros is seen behind the break-up of Europe – Daily Bell
7/11 Watch Elizabeth Warren push the senate to confirm judges – Huffington Post
7/11 Elizabeth Warren is going after Wall Street – MSN
7/11 UK in chaos post-EU referendum – Talk Markets
7/11 Michael Flynn, the retired general on Donald Trump’s VP shortlist, explained – Vox
7/11 Donald Trump leads Mitt Romney, John Mccain with hispanics – Breitbart
7/09 Is Trump losing it? – New Yorker
7/09 The remarkably cynical American voter — explained in 2 charts – Washington Post
7/09 Bernie is expected to endorse Hillary next week – NY Times
7/09 The strange gaps in Hillary’s email traffic – Politico
7/09 Marine’s defense for disseminating classified information will cite Clinton’s case – WaPo
7/09 The law is the law, unless you’re an elite – Sprott Money
7/09 Ross Douthat and fascism – Splice Today
7/09 A nation run by idiots – Burning Platform
7/08 State Dept reopens probe of Clinton – Bloomberg
Offshore Investing
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
6/29 Anarchy in the UK? What Brexit means for you – Nestmann
Clean Tech
7/07 Turbine industry aims to keep tailwind blowing – USA Today
7/07 Japan’s solar boom showing signs of deflating as subsidies wane – Bloomberg
7/07 California outshines other states in solar power – Forbes
7/06 Solar power is finding its day in the sun – Fortune
7/06 Tesla/Solar City battery systems lessen household costs – Science World Report
7/06 Tesla falls after paring delivery forecast amid factory strains – Bloomberg
7/05 SolarCity pushing to increase useful lifetime of solar power installations – Electrek
7/04 Hanergy debuts four solar-powered prototype vehicles – South China Morning Post
Art of the Collapse
7/03 Debunking Utopia – Future of Freedom Foundation
6/21 Explore bank bailouts, Cyprus anonymous, and more – Pinterest
6/19 Artist’s impression of the opening ceremony at the Rio Olympics – Zero Hedge
6/19 Where Bernie Sanders finally gets hit Trump debate – Daily Beast
6/19 Trump 2016 – Time
War, Civil Unrest, Privacy, Creeping Fascism, Police State
7/11 Baton Rouge protests: almost 130 arrested – WND
7/11 Warmonger Abe hits super-majority with sweeping victory in Japan election – Mish
7/11 Gorbachev: ‘The next war will be the last’ – Sputnik
7/11 Tony Blair could face Iraq contempt vote in Commons – BBC News
7/09 U.S. Army reservist named as lone gunman in Dallas police ambush – Reuters
7/09 Sniper kills five police officers in Dallas – Vanity Fair
7/09 More obscuration from the British establishment – Paul Craig Roberts
7/09 Chilcot’s judgment is utterly damning – but it’s still not justice – Guardian
7/09 The US and NATO are preparing for a major war with Russia – Nation
Self-sufficiency, Food Security, Survival
7/08 Scaremongering from the vaccine crowd – Dr Sircus
7/06 5 common mistakes in bulk food storage – Survivalist
7/06 Climate, energy, economy: pick two – Automatic Earth
6/28 Quality survival food – Dr Sircus
6/28 How exercise improves memory – Kurzweil
6/22 ‘Five-year plan’ in college could cut income and retirement – NY Times
6/21 Why fasting bolsters brain power – Juvenon
CyberWar, CyberTerrorism, CyberCrime
7/09 Crooks are winning the ‘cyber arms race’, admit cops – ZD Net
7/09 Chilling doc on Stuxnet and secret cyberwar – Philly
7/09 End-to-end encryption comes to facebook messenger – Wired
7/06 It’s not paranoia: Hackers can use your webcam to spy on you – Star
7/03 Think tank considers ‘Geneva Convention’ for cyberwar – iapp
7/03 Who is Anonymous?: cyberwar – Mother Board
Off-Topic But Brilliant/Challenging/Infuriating
7/11 Why insects are declining, and why it matters – Environment 360
7/11 Australia’s other great reef is also screwed – Atlantic
7/08 Tinder and the dawn of the “dating apocalypse” – Vanity Fair
7/08 Welcome to the new prostitution economy – Vanity Fair
7/08 ‘VR porn’ Google searches up 9,900% since 2014 – Daily Mail
7/08 It doesn’t look like virtual reality is a thing yet – Fortune
7/08 A fleet of M&M shooting drones is the black footed ferret’s last hope – Wired
7/06 Did a fear of slave revolts drive American independence? – NY Times
7/04 Drones: the brave new world of data collection – Economy and Markets
7/04 Robot lawyer successfully appeals 160,000 London and NY parking tickets – Mish
7/04 Californians seek pot of Gold in Cannabis legalization – Fortune
