Courtesy of John Rubino.
Odds of rate hike go up after Yellen speech. US Q2 GDP lowered, expected to rise in Q3. World trade continues to contract. Gold and US stocks fall post-Yellen. Negative interest rates getting a lot of attention, mostly critical. Europe doesn’t seem fixable. Trump hires new people, keeps falling in polls. Clinton emails remain major problem.
Best Of The Web
The 11 bone-chilling things I gleaned from Yellen’s chart – Wolf Street
Political left and right being upended by globalization politics – Nouriel Roubini
Yellen speaks Japanese – Talk Markets
Jim Rickards: “There will be a war on gold” – Sprott Global
Weekly commentary: Yellen unveiling, Jackson Hole 2016 – Credit Bubble Bulletin
All is calm, all is not right – Best Minds, Inc.
The reckoning – Alhambra Partners
French support for the EU project is crumbling on the Left and Right – Telegraph
Eight! – FOFOA
These Olympian gold royalty companies are insanely attractive – US Funds
Monetary policy has nationalized the Japan stock market – CNBC
Bubbles in bond land – a central bank made mania, part 1 – David Stockman
The “neutral rate” – Credit Bubble Bulletin
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Breaking News
The Economy
8/29 BOJ needs massive move to shock & awe – Bloomberg
8/29 Hong Kong July retail sales fall for 17th straight month – Reuters
8/29 Central banks double down on the mistakes of 2008 – 24hGold
8/29 Dallas Fed dead-cat-bounce dies – Zero Hedge
8/29 Are central bankers coming to a bitter end? – Armstrong Economics
8/29 Consumer spending rises, inflation remains tame in July – CNBC
8/29 Mass Media embracing this bull market; correction is likely – Sol Palha
8/29 If you’re investing for the long term, ‘you’re crazy’ – MarketWatch
8/29 Fed nears rate hikes, policymakers plan for ‘brave new world’ – Reuters
8/29 A negative interest rate world – Proactive Investors
8/29 Deutsche Bank and hedge funds panic over negative interest rates – LaRouche PAC
8/29 Forget negative interest rates. The fear is that we’ll have to raise them – Guardian
8/29 Digging into China’s growing mountain of debt – Bloomberg
8/29 Will we ever get back to an economic ‘normal’? – Independent
8/29 Bad-debt nightmare far from over for Chinese banks – Nikkei Asian Review
8/28 Losses piling up for S&P 500 as weekly drop worst since June – Bloomberg
8/28 Grim employment prospects for young people around the world – Economist
8/28 America’s biggest economic problem: Nobody is investing for tomorrow – MarketWatch
Precious Metals
8/29 Expect gold profit taking – Seeking Alpha
8/29 New gold discoveries are big investment opportunity – Future Money Trends
8/29 Ignore Yellen and buy the dip in precious metals – Seeking Alpha
8/29 Dutch Central Bank won’t publish gold bar list for dubious reasons – Seeking Alpha
8/29 Gold 101 – lesson 1 – Seeking Alpha
8/28 Gold price correction tactics – 321Gold
8/28 Precious metal funds dominate after gold price surge – The Week
8/28 Gold – does it belong in a portfolio? – Erika Nolan
8/28 Renewed use of gold swaps by BIS indicates strain on price suppression – GATA
8/28 Barron’s: Goldcorp set to go higher – Seeking Alpha
8/28 Norway’s central bank files for confidential treatment of US equity holdings – Smaulgld
8/28 Glencore agrees $670 million sales of Australian gold output – Bloomberg
8/28 The takeaways from Janet Yellen’s speech for gold investors – Seeking Alpha
8/28 Gold believers from Soros to UBS lose faith in miners’ gain – Mining Weekly
8/27 The 1929 Great Depression vs. the next great collapse – SRSrocco Report
8/27 Gold juniors’ Q2’16 fundamentals – 321Gold
8/27 The precious metals sector and the Fed – 24hGold
8/27 Gold: Divided we stand – 321Gold
8/27 A zombie financial system, black swans and a gold share correction – 321Gold
8/27 Gold just broke a 5-year downtrend – Casey Research
8/26 GDX has just made a powerful bull flag – SafeHaven
Inflation, Deflation, Currency War, Cryptocurrencies
8/29 UK must pay for Brexit or EU is in ‘deep trouble’ – Guardian
8/29 Fed interest rate increase expectations boost dollar, hurt Asian currencies – CNBC
8/29 Negative rates advocate spells out the obstacles at Jackson Hole – Bloomberg
8/29 Coeure says ECB may need to dive deeper if governments don’t act – Bloomberg
8/29 Money smuggling vs money laundering – Armstrong Economics
8/29 Bank of Japan will act ‘without hesitation’ to revive inflation – Fortune
8/29 Bitcoin becomes more appealing to mainstream investors – Merkle
8/28 Negative rates and cash bans: the chaos continues at Jackson Hole – Daily Bell
8/28 Jim Rogers: The US dollar might turn into a bubble – Business Insider
8/28 Dollar bulls awaken as Yellen bolsters outlook for rate increase – Bloomberg
8/28 Debating the usefulness of negative interest rates – Bloomberg
Real Estate Bubble
8/29 Mortgage rates: Will the Fed end the real estate recovery? – Our Broker
8/29 Housing inventory continues to remain near record lows – Dr. Housing Bubble
8/29 Housing markets in the Hamptons, Aspen and Miami are crashing – Zero Hedge
8/28 Luxury condo sales in Miami are down 44.4% – Mansion Global
8/25 S&P increases capital risk weightings for NZ banks – Total Property
DollarCollapse Podcasts
8/16 A tough time to manage money
7/27 Random violence and political instability: the new normal
7/21 It’s not the event but the response to the event that matters
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
Politics
8/28 Donald Trump just threw a wrench into debate about immigration – Business Insider
8/28 Trump links shooting of Dwyane Wade’s cousin to election, sparking outrage – CNBC
8/28 BleachBit brags of wiping Hillary’s servers, claims it “stifled FBI investigation” – ZH
8/28 Donald Trump in 2004: ‘nothing matters’ – Huffington Post
8/28 Hey, Donald Trump: It turns out that immigrants really just want to work – WaPo
8/28 Donald Trump finally did a non-Fox News interview. It didn’t go very well. – WaPo
8/28 ‘End of road’ for EU: now France’s LEFTIES blast Brussels – Sunday Express
8/27 Stephen Bannon’s abuse charges deepen Trump’s “woman problem” – Vanity Fair
8/26 Millions from maxed-out Clinton donors flowed through loophole – Bloomberg
8/26 Judge orders search of new Clinton emails for release by Sept. 13 – Reuters
8/26 What you like falls on party lines – Wall Street Journal
8/26 FBI: Clinton used software designed to “prevent recovery” of emails – Zero Hedge
8/26 Clinton takes 10-point national lead over Trump in post-shakeup poll – CNBC
Offshore Investing
7/20 Costa Rica: Central America’s hidden gem – Sovereign Investor
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
Clean Tech
8/28 Renewable energy generation breaks records every month in 2016 – Eco Watch
8/28 Wind power finally getting out from solar’s shadow – Oil Price
8/26 EV revolution set to cripple more than just the oil industry – Oil Price
8/25 Could a lithium shortage de-rail the electric car boom? – Oil Price
8/25 Solar market anticipated to reach $53.7 billion by 2020 – Roshani Gavali
8/25 The headache-free way to have solar power – Clean Technica
8/25 The falling costs of US solar power, in 7 charts – Vox
8/24 Man-made “wind trees” will be capable of powering homes – Quartz
8/24 Tesla unveils world’s fastest production car: 0 to 60 in 2.5 seconds – Bloomberg
Art of the Collapse
8/17 The hardest job in the world: Donald Trump’s campaign surrogates – Daily Show
8/09 How you got screwed – a user’s guide to a rigged system – Zero Hedge
8/08 Greed corrupts in thrilling ‘Junk’ – San Diego Union-Tribune
8/08 Trump to replace Constitution with the Ferengi Rules of Acquisition – News Thump
8/02 Homer Simpson: “And that’s how I became a Democrat” – Zero Hedge
War, Civil Unrest, Privacy, Creeping Fascism, Police State
8/28 Syria’s paradox: why the war only ever seems to get worse – NY Times
8/28 What next for Islamic State in Libya after Sirte? – BBC
8/28 Philippines threaten ‘bloody confrontation’ with Beijing over S. China Sea – Sputnik
8/28 Rights don’t come from governments –FEE
8/28 Mosul fight is already redrawing the map of northern Iraq – 10 News
8/26 Suicide truck bomb blamed on PKK kills 11 police in Turkey – Reuters
Self-sufficiency, Food Security, Survival
8/28 Grow your own by all means, but self-sufficiency is not the answer – Guardian
8/25 What life will be like after an economic collapse – Survival Sullivan
8/25 Cancer epidemic getting worse – Dr. Sircus
8/23 Baking soda and lemon juice – Dr. Sircus
8/22 How to boost your immune system – Dr. Sircus
8/22 Dry skin brushing: benefits and how to – Mercola
CyberWar, CyberTerrorism, CyberCrime
8/28 What would a real ‘cyber war’ with Russia look like? – Fox News
8/26 Apple issues global iPhone security update for unprecedented spyware – CNBC
8/25 Of course everyone’s already using the leaked NSA exploits – Wired
8/24 Who are the NSA’s elite hackers? – Vice
Off-Topic But Brilliant/Challenging/Infuriating
8/28 Israel black hole breakthrough – WWLP
8/28 NASA spacecraft Juno makes closest ever approach to Jupiter – Telegraph
8/26 A possible habitable planet is only four light-years away – Kurzweil
8/26 His name is Meow Meow, and he hacks DNA – Bloomberg
8/25 Singapore beats Pittsburgh to world’s first self-driving taxis – Mish
8/25 Italy quake death toll hits 250 as rescuers search – Reuters
8/25 Domino’s launches drone pizza delivery, shows what it will look like – Zero Hedge
8/25 Earthquake in Italy: Rescue efforts continue through the night – Telegraph
8/25 Blood red moon over New York captured in spectacular photos – Telegraph
8/25 New Lidar chips for self-driving vehicles tiny, $10 to manufacture – Mish
8/24 The senator’s daughter who raised prices on anti-allergy EpiPen – Bloomberg