Courtesy of John Rubino.
The political focus shifts to upcoming Italian, French and Austrian elections, all of which could go against the establishment. India’s war on cash may turn into war on gold. US Durable goods orders and service sector jump, home and car sales plunge. Black Friday store sales underwhelming. 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
Why the polls got it wrong: deliberate versus accidental survey bias – Financial Sense
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
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Breaking News
The Economy
11/26 Did Bank of Japan prevent US bond market from imploding? – Gefira
11/26 Automobile sales falling, inventories up 7.8%, interest rates rising – Mish
11/26 How teachers unions drive Jersey’s pension crisis – NY Post
11/26 Shipbuilding in Japan, Korea, China collapses in death spiral of orders – 24hGold
11/26 High inflation, slow growth: perfect cocktail for recession – Market Mogul
11/26 Corporate crony capitalism – 24hGold
11/26 Chinese banks are disguising a massive amount of bad debt – Business Insider
11/25 John Crudele: Retail sales numbers are fake but the harm is real – GATA
11/25 GDP hopes slashed as trade deficit, inventories tumble in October – Zero Hedge
11/25 How much government debt rests upon your shoulders? – Visual Capitalist
11/25 Oil extends losses after report Saudis won’t attend non-OPEC meeting – CNBC
11/25 U.S. stores far from overwhelmed as Black Friday sales begin – Yahoo!
11/25 U.S. service-sector growth is second highest in last 12 months – MarketWatch
11/25 Dollar strength warrants caution on U.S. equities – Financial Sense
Precious Metals
11/26 Trump-led inflation will be good for gold – fund manager – Kitco
11/26 Silver Miners’ Q3’16 fundamentals – 24hGold
11/26 Long term charts focus – 321Gold
11/25 Gold down 13.5% in 13 days – Trump bearish for gold? – GoldCore
11/25 Diagram of secret interventions in gold, currency markets by central banks – GATA
11/25 John Hathaway: What does Trump’s victory mean for gold? – GATA
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
Inflation, Deflation, Currency War, Cryptocurrencies
11/26 Fleeing from Italy – Project Syndicate
11/26 This is where I get off – SafeHaven
11/25 ECB says it can shield euro area from global finance instability – Bloomberg
11/25 India may impose 60% tax on “unaccounted” deposits – Zero Hedge
11/25 China central bank warns against outflows disguised as investment – Reuters
11/25 Venezuela’s currency just had the biggest monthly collapse ever – Bloomberg
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
Real Estate Bubble
11/26 How (slightly) higher mortgage rates maul Housing Bubble 2 – Wolf Street
11/25 London property prices falling faster than you think – Bloomberg
11/25 The perfect storm set to pop Aussie apartment bubble – Zero Hedge
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
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
11/26 Donald Trump’s second, perplexing week as president-elect – New Yorker
11/26 Washington Post thoroughly discredits itself – Mish
11/26 Perfect timing for Austria election – Mish
11/26 Jeff Sessions seen as existential threat to pot industry – FFF
11/25 Austria poised to elect rightist – VOA News
11/25 Even without winning, populists setting EU’s agenda – Economist
11/25 The François Fillon experiment – New Yorker
11/25 Marine Le Pen will face presidential rival as radical as her – Telegraph
11/25 Blue-collar Democrats to party: It’s still the economy, stupid – Reuters
11/25 All aboard the post-TPP world – Strategic Culture
11/25 Jill Stein raises enough money to force Wisconsin recount – Zero Hedge
11/25 After 2016: what is the future of libertarianism? – Ron Paul Institute
11/25 Europe votes to suspend Turkey EU accession talks – Zero Hedge
11/25 EU Parliament president Martin Schulz resigns for possible run against Merkel – Mish
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
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
11/26 Here are the top 10 US corporates going big on solar power – CNBC
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
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
11/26 Europe: let’s self-destruct! – Gatestone Institute
11/26 It’s time to decriminalize drugs, commission report says – FFF
11/25 U.S. naval patrols threaten sovereignty, Chinese think tank warns – Bloomberg
11/25 Europe votes to suspend Turkey EU accession talks – Zero Hedge
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
Self-sufficiency, Food Security, Survival
11/25 Retirement pitfalls and how to plan for a recession – Financial Sense
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
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
11/25 Arctic ice melt could trigger uncontrollable climate change at global level – Guardian
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
