Courtesy of John Rubino.
Attempted coup in progress in Turkey. Stocks recover on promise of massive new stimulus from Japan and UK and suspiciously good growth numbers from US and China. Gold corrects and interest rates rise. Banks report pretty good earnings, trucking firms and oil companies not so much. Another big terrorist attack in France. UK Conservative party chooses new leader. Sanders endorses Clinton. Trump picks Indiana governor Mike Pence for VP.
Best Of The Web
Jim Rickards on criminal banks – Max Keiser
Who’s buying it? – Real Investment Advice
The soaring risk of flying in Bernanke’s helicopter – Best Minds, Inc.
All time highs – Burning Platform
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
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Breaking News
The Economy
7/16 Funds of hedge funds shrink by 11% as losses spur redemptions – Bloomberg
7/16 Here’s why 10-year Treasury may still drop below 1% – MarketWatch
7/16 How long can buybacks support a market with a faulty foundation? – FRA
7/16 Monetary policy is diong ‘serious damage’ – Bloomberg
7/15 Business inventories at highest level to sales since the crisis – Zero Hedge
7/15 Stuff being bought, sold, shipped in US at 6-year low – Most Important News
7/15 China’s Q2 GDP growth stable at 6.2pct YOY – Epoch Times
7/15 As China’s economy slows, Beijing’s growth push loses punch – New York Times
7/15 Debt rattle – Automatic Earth
7/15 The reasons why the globalists are destined to lose – Alt-Market
7/15 Empire State index softens in July – MarketWatch
7/15 US retail sales rose 0.6% in June vs. 0.1% increase expected – CNBC
7/15 U.S. industrial output surges in June, boosted by autos – Yahoo!
7/15 Brits should avoid acting German if the Bank of England cuts interest rates – City AM
7/15 Baffled credit traders call their lawyers as Brexit clouds swaps – Bloomberg
7/15 Shipping rates will never go to zero – 24hGold
7/15 In dramatic twist, McKinsey slams globalization – Zero Hedge
7/15 David Rosenberg: “This is the pain trade” – Zero Hedge
7/15 7 economic and monetary charts that make you go hmm – Mountain Vision
Precious Metals
7/16 Gold: the battle for $1392 intensifies – 321Gold
7/16 The upside potential in junior gold stocks – Daily Gold
7/16 Gold prices: explaining the 6-month gold cycle – Gold-Eagle News
7/16 Gold, terrorists, and investing legends – Capitalist Exploits
7/15 Gold falls after central bank’s surprise move – GoldCore
7/15 Five forces driving price of gold – Telegraph
7/15 Fundamental reason the silver price will higher than gold – SRSrocco Report
7/15 Negative interest rates spark 2016 gold rush – City AM
7/15 Gold and base metals top picks from Paradigm Capital – Streetwise Reports
7/15 The IRS wants a piece of your gold and silver profits – 24hGold
7/15 The trend is higher as silver and gold move up once more – Daily Bell
7/15 Silver up 44.7% in first half of 2016 – Schiff Gold
7/15 Jefferies is bullish on Barrick and Randgold, constructive on Kinross – 24/7 Wall St.
7/15 3 powerful reasons why precious metal streamers are superior to miners – Motley Fool
7/15 Understanding miners’ correlation with gold – Market Realist
7/14 Silver bear market looks to be over… or not? – GoldAndOilGuy
7/14 Silver shares forecast explosion in metal’s price – GATA
7/14 Here’s how high silver is headed – GoldSilver
7/14 “Inflation linked bonds and gold as diversifiers” – Gold Eagle
7/14 The golden chameleon has changed colors – Daily Reckoning
7/13 Brexit aftermath: gold staying strong – Seeking Alpha
Inflation, Deflation, Currency War, Cryptocurrencies
7/15 Could Italy bring down the euro? – Zero Hedge
7/15 Mark Carney urged to cut interest rates to 0% – BBC
7/15 Germany issues 10-year bond at negative interest rate – Expatica
7/15 An honest monetary system – 24hGold
7/15 Inflation: We ain’t seen nothin’ yet – The Street
7/15 China’s old economy springs June suprrise with steel record – Bloomberg
7/14 US Producer Price Index up 0.5% in June vs. 0.3% increase expected – CNBC
7/14 Bernanke floated Japan perpetual debt idea to Abe aid Honda – Bloomberg
7/14 Helicopter money – the biggest Fed power grab yet – David Stockman
7/14 Japanese monetary policy could be about to get really radical – Business Insider
Real Estate Bubble
7/16 Housing bubble 2.0 – Are you ready for this? – Zero Hedge
7/16 UK luxury property sales collapse post-brexit – Zero Hedge
7/15 MPs decry ‘failed’ effort to stop UK property money laundering – Guardian
7/15 Canada new home prices grow at fastest pace in nearly 9 years – Financial Post
7/14 Housing sales forecast to fall sharply this summer after Brexit vote – Guardian
7/14 The housing market is waving a red flag – Bloomberg
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
7/15 UK’s new Brexit Czar sees December 2018 as likely leaving date – Bloomberg
7/15 Britain’s PM May gives Johnson big job, says needs time before Brexit – Reuters
7/15 Trump quandary splits vulnerable republicans ahead of convention – Bloomberg
7/15 Colbert bids the Sanders campaign a fond and hilarious farewell – AlterNet
7/15 Nigel Farage to GOP convention: US can learn from Brexit success – NewsMax
7/15 Farage: ‘SIGNIFICANT’ numbers of Tories switching to Ukip – Express
7/15 Sanders paved the way for largest progressive coalition in history – Huffington Post
7/15 Clinton’s future now depends on Sanders – Telegraph
7/15 Trump’s shocking surge continues: ties Hillary in latest NYT – Zero Hedge
7/14 Trump picks Indiana governor Mike Price for VP – Reuters
7/14 Trump takes lead over Clinton in 3 key swing states – Zero Hedge
7/14 FBI agents were told to sign a “very, very unusual” NDA in Hillary email case – ZH
7/14 Hollande’s hairdresser costs French taxpayers $11k per month – Zero Hedge
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
7/15 New concentrating solar tower is worth its salt with 24/7 power – Scientific American
7/15 House republicans targeting solar panel subsidies – saving the birds? – Daily Caller
7/15 Musk energy plan delivers slow payoff in Tesla, SolarCity merger – NZ Herald
7/15 The fake factory that pumped out real money – Bloomberg
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
Art of the Collapse
7/13 Artist’s impression of Hillary’s inauguration – Zero Hedge
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
7/15 Attempted coup in progress in Turkey – CNBC
7/15 80 dead, more than 100 injured after truck plows into crowd in France – Zero Hedge
7/15 Why the US pretends drone strikes are secret – Bloomberg
7/14 China rejects tribunal ruling, vows to defend South China Sea claims – Anti War
7/14 Global arms race escalates as sabres rattle in South China Sea – Telegraph
7/14 New Black Panther party says to carry arms in Cleveland if legal – Reuters
7/14 US presses China to be responsible power after sea ruling – Bloomberg
7/14 US arms sales approvals on track to reach nearly $40 Billion – Reuters
Self-sufficiency, Food Security, Survival
7/15 U.S. GMO food labeling bill passes Senate – Reuters
7/15 The prepper’s plan – down the rabbit hole – Survival Sullivan
7/12 Farmland becoming more popular 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
CyberWar, CyberTerrorism, CyberCrime
7/14 China hacked the FDIC – and US officials covered it up, report says – CNN Money
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
Off-Topic But Brilliant/Challenging/Infuriating
7/15 The next wave of Marijuana wealth – Daily Reckoning
7/14 Utah votes to let authorities disable drones near wildfires – Fox News
7/13 Amazon is so powerful it can make up its own holiday – Wired
7/13 Cash-strapped towns are unpaving roads they can’t afford to fix – Wired
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
