Courtesy of John Rubino.
Stocks recover on Abe’s promise of massive new stimulus. Gold stabilizes, oil drops and interest rates rise. Civil unrest in the US, as sniper kills five police in Dallas and protests spread. UK Conservative party appears to have chosen a leader. Sanders endorses Clinton.
Best Of The Web
Greater fools storm the casino – David Stockman
Bernanke’s black helicopters – David Stockman
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
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Breaking News
The Economy
7/13 Oil prices resume decline on supply build – UPI
7/13 Germany “demands” Brexit status update – Mish
7/13 British pensions are now £383bn underwater – Telegraph
7/13 Stop being so gloomy about Brexit – Bloomberg
7/13 High stock market numbers deceiving – GoldAndOilGuy
7/13 Why helicopter money won’t push stocks higher – Charles Hugh Smith
7/13 Inventory-to-sales ratios extremely elevated – Mish
7/13 Abe orders drafting of new Japanese stimulus package – Japan Times
7/13 Can ‘helicopter Ben Bernanke’ save Japan? – Fiscal Times
7/13 “Mystery” of who is pushing stocks to all time highs has been solved – Zero Hedge
7/13 The problem at euro banks – Credit Writedowns
7/12 The trillions spent by central banks has been a dud – MarketWatch
7/12 Japan to craft stimulus by end-July, may issue construction bonds – Reuters
7/12 HSBC avoided US money laundering charges because of ‘market risk’ fears – BBC
7/12 Italy economy: IMF says country has ‘two lost decades’ of growth – BBC
7/12 Abe plans more stimulus as Japan slashes GDP forecast – Mish
7/12 Japan leads Asian equities rally on Abe stimulus as pound climbs – Bloomberg
7/12 Can we ignore the alarm bells the bond market is ringing? – New York Times
7/12 Spain, Portugal may duck deficit fine as EU looks to fudge rules – Bloomberg
Precious Metals
7/13 Brexit aftermath: gold staying strong – Seeking Alpha
7/13 Speculators driving gold stocks higher – Seeking Alpha
7/13 Fictional world of gold standards? – Armstrong Economics
7/13 Brexit, M&A news highlight precious metals MMI’s surge – Seeking Alpha
7/12 Gold revaluation is the only solution – 321Gold
7/12 Gold and biotechs will be next to fly after S&P’s record-buster – MarketWatch
7/12 Gold miners expand hedge book by another 50 tonnes in Q1 – GATA
7/12 Silver takes the gold: commodities halftime report 2016 – Seeking Alpha
7/12 Klondex reports record quarterly production of 41,436 GEOs – Yahoo!
7/12 Why the world’s most successful investors are buying gold now – The Street
7/12 Japan’s gold sales jump thanks to Abenomics worries – Bloomberg
7/12 Spike alerts – SPY, GLD, and GDX – GoldAndOilGuy
7/12 Why Royal Gold, Inc. stock jumped 28% in June – Motley Fool
7/12 Net long gold COMEX positions increase for fifth week to new high – S&P Global
7/12 Alan “Bubbles” Greenspan returns to gold – Zero Hedge
7/12 ETF workings hint at Bank of England’s price management – GATA
7/12 Gold is testing its 2011 high – Seeking Alpha
7/12 The price of silver may finally be set to skyrocket – King World News
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
Inflation, Deflation, Currency War, Cryptocurrencies
7/13 The rise and fall of the petrodollar – GoldAndLiberty
7/13 Dollar falls as risk appetite fades, Bank of Canada stands pat – Reuters
7/13 Pimco loads up on Treasuries – Bloomberg
7/13 Helicopter money “the next step” in US monetary policy – Zero Hedge
7/13 Import price spike fades as China exports most deflation in 6 years – Zero Hedge
7/13 Race to displace “city of London” turns into feeding frenzy – Wolf Street
7/12 Japan government to cut inflation forecasts – Yahoo!
7/12 America is the ‘last man standing’ with positive yields – CNBC
7/12 Dutch bonds just did something that we haven’t seen in 499 years – Business Insider
7/11 Sterling surges, UK stocks enter bull market – Zero Hedge
Real Estate Bubble
7/13 Losing Australia’s AAA rating could make losers of mortgage holders – Bloomberg
7/13 On Manhattan’s “billionaire’s row” – Zero Hedge
7/13 Sky high condo markets go stone cold – David Stockman
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
DollarCollapse Podcasts
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
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
7/12 Why more referendums across Europe are inevitable – Business Insider
7/12 After outbreaks of violence, Donald Trump strains to project leadership – NY Times
7/12 Republicans left wondering if Trump will kill the party or just maim it – Huffington Post
7/12 Huge victory for Bernie – Inquisitr
7/12 Trump and Hillary struggle to be unifying voice for nation – CNBC
7/12 Nigel Farage backs Andrea Leadsom for prime minister – ITV
7/12 British firebrand Nigel Farage shows third parties matter – IBJ
7/12 Beware the disrupter with no follow-up plan – Huffington Post
7/12 Johnson calls drug war root cause of police shootings – Libertarian Republic
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
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
7/12 This week in solar – Motley Fool
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
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
7/12 Civil unrest explodes in Berlin – over 3500 people riot against police – Zero Hedge
7/12 10 years or less: Orwell’s vision coming true – SHTF Plan
7/12 NATO pledges four more years of war in Afghanistan – Ron Paul Institute
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
Self-sufficiency, Food Security, Survival
7/12 Farmland becomming more popular neighborhood amenity than a golf course – MarketWatch
7/12 Importance of diagnosing stress – Dr Sircus
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
CyberWar, CyberTerrorism, CyberCrime
7/12 NATO: ‘New realities’ make internet a potential front line in conflict – ZD Net
7/12 As global feuds arise, expect increased cyberwar, says NATO analyst – Mother Board
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
Off-Topic But Brilliant/Challenging/Infuriating
7/12 AI is setting up the internet for a huge clash with Europe – Wired
7/12 Pot legalization linked to decline in prescription drug use – Inquisitr
7/12 Edible marijuana emerges as key issue in legalization debate – Boston Herald
7/12 WA’s iconic whale sharks listed as endangered species by IUCN – Perth
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