Courtesy of John Rubino.
Durable goods orders jump, home sales plunge. US dollar at highest level of the year. US stocks at record highs. Interest rates rising, bond prices falling. Mortgage rates up. Gold and silver correcting, setting the stage for the next bull market. Political class still searching for an explanation (see “Best of the Web”). Trump’s cabinet takes shape, with mostly old and a few new faces.
Best Of The Web
Did Trump just accidentally kill the golden goose? – MATA SII
As exciting as the 1930s – Credit Bubble Bulletin
Ringside with Steve Bannon at Trump Tower – Hollywood Reporter
The technosphere hiccups – Club Orlov
Did president-elect Trump just kill the golden goose? – MATA SII
No more flyover country – Automatic Earth
The cognitive dissonance cluster bomb – Dilbert
Get ready… change is upon us – Peak Prosperity
Trump won yet gold is falling…why? – Seeking Alpha
Trump’s revolution is over – Gary North
President Trump: How America got it so wrong – Rolling Stone
How to survive the next four years – Vanity Fair
Who lost: a biased media, pundits, pollsters, political parties, more – OfTwoMinds.com
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Breaking News
The Economy
11/24 10-year Treasury yield jumps to 16-month high – MarketWatch
11/24 Fed VIPs saw rate hike coming ‘relatively soon’ – MarketWatch
11/24 Signs of overheating appear in big chunk of S&P 500’s membership – Bloomberg
11/24 63% of Americans plan not to shop on Black Friday – Zero Hedge
11/24 Illinois stiffs vendors to fund budget deficits – “financial time bomb” – Zero Hedge
11/24 Durable goods order jump 4.8% led by aircraft up an amazing 94% – Mish
11/24 Risky parity panic strikes as correlations crash to record low – Zero Hedge
11/24 Warning: the bond vigilantes are back – Daily Reckoning
11/24 Increasing light vehicle useful life is disastrous for auto OEMs – Zero Hedge
11/23 Euro-area economic growth gathers pace as orders and prices rise – Bloomberg
11/23 EU draft plan eyes new bank creditor class to bear losses – CNBC
11/23 What “mysterious deaths” say about global banking system – Casey Research
11/23 Bond market is right to worry about Italian vote – Bloomberg
11/23 US durable goods orders up 4.8% in Oct vs 1.5% increase expected – CNBC
Precious Metals
11/24 A little perspective on the post-election gold market – USA Gold
11/23 Russia gold buying in Oct. biggest monthly allocation since 1998 – GoldCore
11/23 Will India ban gold imports? – Seeking Alpha
11/23 5 gold explorers to put on your radar for 2017 – Seeking Alpha
11/23 Gold demand is strong as currencies keep sinking – GATA
11/23 Gold crashed after Trump won – why was everyone wrong? – MunKnee
11/23 The answer to rising inflation – Sovereign Investor
11/23 Silver and gold – we can’t understand it for them – Silver Coin Investor
11/23 Gold drops below $1,200.00, hits 9-Mo. low, on upbeat U.S. data – Kitco
11/23 3 things Barrick Gold wants you to know about its strategic goals – Motley Fool
11/23 Miners: the paper precious metals investment – Sprott Money
11/23 Canadian Gov’t grants key licence for world’s largest gold project – Mining.com
11/23 Only 20% chance Trump’s economic policies would be gold negative – Kitco
11/22 Precious metals: key levels for buyers – 321Gold
11/22 Nasty naughty November gold price trend – Gold Eagle
11/21 Physical gold long-term “hedge against governments” – GoldCore
11/21 Silver gets ugly – Seeking Alpha
11/21 Reg Howe: Gold is Trump’s trump – GATA
11/21 Chinese firm wins Barrick’s half of big Australian mine – GATA
11/21 El Dorado Gold is set to outperform – Seeking Alpha
Inflation, Deflation, Currency War, Cryptocurrencies
11/24 India’s cash ban is the best thing to happen to digital payments – Bloomberg
11/23 Dollar gains as data bolster rate outlook; Treasuries decline – Bloomberg
11/23 The Donald and the dollar – Washington Post
11/23 Even before Trump, US exporters complained dollar too strong – CNBC
11/23 The Fed just lost control – Gold Republic
11/23 Devalue yuan before Trump takes over – GATA
11/23 The dark side of “Trumpflation” – Daily Reckoning
11/23 Marine Le Pen could be a Coup de Grace for the EUR – FX Street
11/23 Euro price action post-election: “we expected that” – Elliott Wave
11/23 Helicopter money has arrived… and nobody noticed – Zero Hedge
Real Estate Bubble
11/24 New home sales decline 1.9%, negative revisions yet again – Mish
11/24 Mortgage rates surge past 4% as taper tantrum fears rekindle – MarketWatch
11/23 Sales of new U.S. homes declined to 4-month low in October – Bloomberg
11/22 U.S. existing home sales climb to highest since early 2007 – Bloomberg
11/22 Nominating Mnuchin for Treasury: mortgage meltdown controversies – Bloomberg
DollarCollapse Podcasts
11/04 Instability on the horizon
10/04 European banks in the eye of the storm
9/13 Markets explain facts of life to Fed
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
Politics
11/24 Trump diversifies cabinet; picks Nikki Haley and Betsy DeVos – NYT
11/23 Fillon lead in conservative primaries undercuts Marine Le Pen – France 24
11/23 Madame President Le Pen – Europe’s next political earthquake – RT
11/23 Renzi’s party wants early election in Italy if referendum lost – Bloomberg
11/23 Is Francois Fillon Marine Le Pen’s dream opponent? – New Statesman
11/23 Re-branding Libertarianism – Ron Paul Institute
11/23 Ron Paul warns of false flags and a ‘shadow government’ – Daily Caller
11/23 ‘Authoritarian populism’ behind Donald Trump’s victory and Brexit – Independent
11/23 Boring European conservatives the last hope for liberal Democracy – Slate
11/23 “Pissed” media blows embargo and lashes out at Trump – Zero Hedge
11/23 Scientists find “persuasive evidence” of vote hacking – Zero Hedge
11/22 Merkel’s ‘days are numbered’, warns France’s Le Pen – CNBC
11/22 Willing to oppose Trump, some Senate Republicans gain leverage – Reuters
11/22 Donald Trump’s new world order – American Interest
11/22 Donald Trump keeps cabinet picks under wraps – Fortune
11/22 Theater as a safe space – Wired
11/22 Trump won’t pursue charges against Hillary – Zero Hedge
Offshore Investing
10/28 Social mood is changing – prepare your offshore nest egg – Mountain Vision
10/07 Panama Papers? Try UNITED STATES Papers? – Mountain Vision
9/14 4 totally legal reasons to use an offshore structure – Nestmann
7/20 Costa Rica: Central America’s hidden gem – Sovereign Investor
Clean Tech
11/23 Trump victory won’t chill utilities’ plans for wind, solar power – Seattle Times
11/23 Tesla runs an entire island on solar power – Engadget
11/22 Tesla shock means global gasoline demand has all but peaked – Bloomberg
11/22 The killer apps for batteries – Greentech Media
11/22 What it will take for California to hit 50% renewables – Greentech Media
11/22 How electric vehicles are becoming a tool for grid stability – Greentech Media
11/22 Global utility-scale solar PV O&M market to reach 182GW – Greentech Media
11/21 Trump has little control over green energy and climate change – Salon
Art of the Collapse
11/22 10 victorious Hillary Clinton illustrations that could have been – GQ
11/21 After Trump bashing, SNL goes after mainstream media “fake” news – Zero Hedge
11/20 See Alec Baldwin return to ‘SNL’ as overwhelmed Donald Trump – Rolling Stone
11/20 Did Trump just inadvertently kill the golden goose? – MATA SII
11/14 Dave Chappelle pledges to give Trump a chance in genius “SNL” monologue – Salon
War, Civil Unrest, Privacy, Creeping Fascism, Police State
11/23 These maps show how Russia has Europe spooked – Washington Post
11/23 Big brother Trump is watching – Sovereign Investor
11/23 Secret JFK records to test conspiratorial Trump – AlterNet
11/23 Remembering JFK’s state-sponsored assassination – Global Research
11/23 Dorothy Kilgallen tried to expose truth of JFK assassination – NY Daily News
11/23 Veterans at Standing Rock defend DAPL protesters from police – Zero Hedge
11/23 Great. Now even your headphones can spy on you – Wired
11/23 Trump’s team will start new wars in the Middle East – CounterPunch
11/22 Japanese troops deploy to South Sudan – Zero Hedge
11/21 Police clash with North Dakota pipeline protesters, arrest one – Reuters
Self-sufficiency, Food Security, Survival
11/24 How should people with disabilities prepare – Survival Sullivans
11/20 Chemical, radioactive and heavy metal contamination – Dr. Sircus
11/16 How do startup robo advisers stack up against the big banks? – MarketWatch
11/14 These survival food and water mistakes could kill any prepper – Survival Sullivan
11/10 Poison – Dr. Sircus
11/09 Prepping mistakes (all of them are here) – Survival Sullivan
CyberWar, CyberTerrorism, CyberCrime
11/23 134,386 sailors’ private data was hacked – Zero Hedge
11/20 US has “clear proof” of Russia’s involvement in cyber attacks – Censor
11/19 Certain android mobile devices can steal your bitcoin – Coin Telegraph
Off-Topic But Brilliant/Challenging/Infuriating
11/23 Sea ice reaches a new low – Economist
11/23 Your dog wants you to pipe down and talk with your hands instead – NY Mag
11/23 Giant eagles terrorize Australian gold mine – WaPo
11/22 Why don’t we grieve for extinct species? – Guardian
11/21 Airbnb’s ambitious second act will take it way beyond couch-surfing – Vanity Fair
11/21 Amazon to sell fiat Chrysler cars online – Mish
11/19 Woah, Google’s AI is really good at Pictionary – Wired
11/19 OK, J.K. Rowling—enough already with the world-building – Wired
11/18 The North Pole is an insane 36 degrees warmer than normal – WaPo
11/17 The absurdity of laws against prostitution – FFF
11/17 Trump’s environmental adviser: pesticides aren’t bad for you – Mother Jones
