Courtesy of John Rubino.
US jobs, factory orders disappoint, lowering odds of September rate hike and sending stocks, oil, gold higher. Japan preparing major new stimulus, Europe considering it. Central bankers losing credibility while buying equities. Major shipping company collapses. Trump visits Mexico, confusing everyone. Clinton emails remain major problem.
Best Of The Web
These 3 charts explain the terrifying math behind pension funds’ shortfall – Bloomberg
Unknown voluntary servitude – AheadoftheHerd
Illustration of tiny size of silver market podcast – Smaulgld
Why gold will likely be much higher 10 years from now – Seeking Alpha
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
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Breaking News
The Economy
9/02 August U.S. auto sales fall; carmakers say industry has peaked – Reuters
9/02 September rtae hike off the table – Mish
9/02 US created 151,000 jobs in August vs. 180,000 jobs expected – CNBC
9/02 US factory orders rose 1.9 percent in July vs. 2 percent increase expected – CNBC
9/02 Ford announces “sales plateau” after 8% decline, missing estimates – Mish
9/02 Bill Gross: Negative interest rates are nothing but liabilities – David Stockman
9/02 The great debate on negative interest rates – Bloomberg
9/02 Peter Schiff podcast: the Fed up fix is in – Schiff Gold
9/02 “The fly-in-the-ointment” -> Stagnant wages & hidden inflation – FRA
9/02 Unfunded SC pensions ‘out of control’ – Independent Mail
9/02 China’s credit growth: How fast is too fast? – Federal Reserve Bank of San Francisco
9/02 Shades of 2007 in the biggest risk facing US consumers – Zero Hedge
9/02 How does it all end? Part II – Bonner & Partners
9/01 U.S. factory activity contracts in August; layoffs remain low – Yahoo!
9/01 Cash keeps pouring out of European stocks – Wall Street Journal
9/01 Investors miss out on $500 billion as global bond yields plunge – CNBC
9/01 China’s runaway M&A trains – Bloomberg
9/01 Defined benefit pension fund deficit grows by £100bn in a month – Guardian
Precious Metals
9/02 Physical gold delivery failure by German banks – GoldCore
9/02 Ed Steer interviewed about gold market manipulation – GATA
9/02 How prices get set – 24hGold
9/02 Gold has been a poor investment for over 80 years – Seeking Alpha
9/02 Gold miner ETFs flip to bear territory – Barron’s
9/02 Why the big silver short? – Silver Coin Investor
9/02 China’s monetary ascension is paved with gold – Money Metals
9/02 First Majestic Silver Corp.: Valuation up in the clouds – Seeking Alpha
9/01 Huge ‘precious metals’ tonnages on Chinese bank balance sheets – Seeking Alpha
9/01 Is the gold market really manipulated? – King World News
9/01 Daily gold update – No respite in sight – Seeking Alpha
9/01 Koos Jansen: Why are Chinese banks holding gold? – GATA
9/01 Deutsche Bank refuses deliver of physical gold upon demand – Zero Hedge
8/31 Silver Wheaton Corp. is quietly becoming a top gold stock – Motley Fool
8/31 Gold: jobs report & Fed are key – 321Gold
8/31 2 silver mining stocks for a shiner portfolio: PAAS & HL – Yahoo!
8/31 What’s the correlation between miners and gold? – Market Realist
8/31 Gold’s strong summer may be harbinger of things to come – USA Gold
8/31 Why gold fell & what turning Japanese had to do with it – Seeking Alpha
8/31 Why gold isn’t keeping up with central bank balance sheets – GATA
8/31 Gold and silver stocks are exceptionally cheap according to this metric – Motley Fool
Inflation, Deflation, Currency War, Cryptocurrencies
9/02 Solid hiring without wage jump tests Fed hopes for inflation – Bloomberg
9/02 Goldman: The Fed might have a new, big idea – Bloomberg
9/02 The Fed poses a big risk to the emerging market inflow party – Bloomberg
9/02 The Italian referendum could result in the death of the euro – Mauldin Economics
9/02 The 5 greatest moments in bitcoin history – Coin Telegraph
9/02 Japan’s Kuroda clashes with other central bankers over negative rates – Nikkei
9/02 Boom and bust: ECB takes money printing to next level – Mountain Vision
9/01 Eurozone core inflation fall raises prospect of ECB stimulus – Guardian
9/01 Weak pound drives UK factories back from Brexit shock – Bloomberg
9/01 Chart shows central bank liquidity is now driving all asset prices – Zero Hedge
9/01 Euro zone inflation unchanged at 0.2% in August – CNBC
Real Estate Bubble
9/02 Another sign Manhattan real estate is feeling the pain – Bloomberg
9/01 London’s elite ‘pushed out of exclusive postcodes by super rich’ – Guardian
8/31 US pending home sales jump in July – Yahoo!
8/31 Case-Shiller Home Price Index declines 0.1% – Mish
8/30 House price gloom in Canada a lesson for Australia – Financial Review
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
9/02 Trump returns to hardline position on illegal immigration – Reuters
9/02 “The establishment is losing control over the people” – Zero Hedge
9/01 Hillary’s approval rating plunges to record low – Mish
9/01 Rajoy loses first vote, still no gov’t in Spain – Mish
9/01 Brazil formally impeaches Dilma Rousseff – Zero Hedge
8/31 Trending – 24H Gold
8/31 Rajoy six votes short: another election in Spain coming up? – Mish
8/30 John McCain is in the fight of his political life in the age of Donald Trump – WaPo
8/30 Hillary Clinton piles up research in bid to needle Donald Trump – NY Times
8/30 Marine Le Pen calls for Frexit – Express
8/29 Libertarian Johnson: US election so nuts I just might win – Bloomberg
8/29 Donald Trump’s debate prep is exactly what you’d expect it to be – Red State
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
9/02 US wind power surpasses 75 GW and Americans love it – Huffington Post
9/02 Elon Musk is pushing Tesla hard – Bloomberg
9/02 Elon Musk faces cash squeeze at Tesla, SolarCity – Wall Street Journal
9/01 Floating offshore wind farm could be the future of renewable energy – GE Reports
9/01 Wind power is a nice idea, until you get to the details – Washington Post
9/01 Tesla plans to raise funds this year to tackle cash crunch – Reuters
8/31 Solar study finds prices plunged 75 percent since ’09 – San Francisco Chronicle
8/31 The $8 Trillion fight over how to rid America of fossil fuel –Bloomberg
8/31 Trina solar starts Japan battery storage subsidiary – ReCharge
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
9/02 DHS prepares for nuke attack – massive order for radiation detectors – Zero Hedge
9/02 On the secession of French muslims – Zero Hedge
9/01 Facebook just got a whole lot creepier – Liberty BlitzKrieg
9/01 Key Islamic State leader killed in apparent U.S. strike in Syria – Reuters
8/30 Syria war: US warns over Turkish-Kurdish violence – BBC
8/30 Rockets hit Saudi border town as Yemen war flares anew – Reuters
Self-sufficiency, Food Security, Survival
9/02 Intelligent parents are refusing vaccinations – Dr. Sircus
8/29 ‘Property a better bet than pensions’, says Bank of England – Telegraph
8/29 Mediterranean diet better for the heart than taking statins – Telegraph
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
CyberWar, CyberTerrorism, CyberCrime
9/02 Former electronic spy chief urges Ottawa prepare for ‘cyber war’ – The Star
8/31 Four corners ‘cyber war’ – Vimeo
8/31 Is it really as bad as Four Corners’ cyber War documentary implies? – Conversation
8/30 Clear and present danger to your life as of now from cyberblitzkrieg – Kurzweil
Off-Topic But Brilliant/Challenging/Infuriating
9/02 All aboard the most ridiculous, stupidly huge cruise ship on Earth – Wired
9/02 ‘Our living dinosaurs’ – CNN
9/02 SpaceX rocket blast destroys sattlite for Facebook project – Bloomberg
9/01 Cheaper taxi fares coming up – Mish
9/01 The Anthropocene epoch: scientists declare dawn of human-influenced age – Guardian
8/31 Drone meets shotgun: 65 year-old woman blasts it out of the sky – Mish
8/31 More than half of south Asia’s groundwater is contaminated – study – Guardian
8/30 The hype-and hope-of articial intelligence – New Yorker
8/30 Here are the winners of the first beauty contest judged by AI – Observer
8/30 Surge in heroin overdoses “unlike anything we’ve seen before” – Telegraph
8/29 50 posters that rocked the world – Xerox
