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
The view from under the bus – Peak Prosperity
The Washington Post: useful-idiot shills for a failed, frantic status quo – OfTwoMinds.com
First Brexit then Trump. Is Italy next for the west’s populist wave? – Guardian
Weekly commentary: Revisiting the global savings glut thesis – Credit Bubble Bulletin
Gold price skyrockets in India after currency ban – part III – Acting Man
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
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Breaking News
The Economy
11/28 Italian bank shares dive on fears about potential referendum defeat – MarketWatch
11/28 Italian bond risk spikes to 30-month highs – Zero Hedge
11/28 Bonds set to snap 3-decade winning streak – CNBC
11/28 Up to 8 Italian banks may fail if Renzi loses referendum – Zero Hedge
11/28 Trump, Draghi: return of “European solvency crisis?” – Zero Hedge
11/28 Oil prices regain some ground after steep falls ahead of OPEC meeting – CNBC
11/27 China’s property frenzy and surging debt raises red flag for economy – Guardian
11/27 Over half of New Yorkers one paycheck from homelessness – Gothamist
11/27 The top 0.1% holds the same amount of wealth as the bottom 90% – My Budget 360
11/27 OPEC deal disintegrates – Zero Hedge
11/27 Elites plot to replace Austrian free-market economics? – Daily Bell
11/27 Keynes would have loved Trump’s economic plan – Mises Institute
11/27 Where some investors see the next snag for the stock market – CNBC
11/26 Black-Friday woes: the death of the department store – Wolf Street
Precious Metals
11/28 Gold rises from multi-month lows as dollar weakens – Reuters
11/28 Peak silver & supply deficits warn of higher prices – SRSrocco Report
11/28 Gold is oversold but broken – Daily Gold
11/28 Q1-Q3 2016 China net gold import hits 905 tonnes – Seeking Alpha
11/28 Australia’s gold miners dig deeper as local currency falls – Reuters
11/28 A note on gold and India – Seeking Alpha
11/27 Indian gold premiums are doing something very strange – Seeking Alpha
11/27 Gold supply and demand point to weaker prices – Seeking Alpha
11/27 Inflation to send silver prices soaring – Commodity Trade Mantra
11/26 Gold not safe enough in India so hoarders opt for silver bars – GATA
11/26 Big change to Islamic law could have huge effect on gold – Birch Gold
11/26 Gold set for a boost amid Trump-fueled inflation – Birch Gold
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
Inflation, Deflation, Currency War, Cryptocurrencies
11/28 Hyperinflationary endgame: Venezuela currency crashes 15% in one day – Zero Hedge
11/28 Banks call for taxing cash withdrawals – Ekathimerini
11/28 Thousands protest across India against currency policy – Fox News
11/28 Bond traders raise inflation alarm – Live Mint
11/28 Massive implications for bitcoin, digital currencies – Bitcoin Magazine
11/28 EY Switzerland to accept bitcoin – Coin Telegraph
11/28 Trumponomics and the sure return of inflation – McAlvany Weekly
11/27 India’s rural economy hit hard as informal lending breaks down – Reuters
11/27 Sterling heading for best month in EIGHT YEARS as EURO in CRISIS – Express.co.uk
11/27 Why Trump may be deflationary after all – MarketWatch
Real Estate Bubble
11/27 Thanksgiving, Black Friday store sales fall, online rises – Reuters
11/26 Scott Morrison eases limits on foreign buyers as apartment glut looms – AFR
11/26 Houses were never more expensive to buyers who need a mortgage – Zero Hedge
11/26 How (slightly) higher mortgage rates maul Housing Bubble 2 – Wolf Street
11/25 London property prices falling faster than you think – 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
11/28 Who is Francois Fillon and can he really beat Marine Le Pen? – Independent
11/28 Farage: if Le Pen wins, the EU is over – Breitbart
11/28 Fillon would beat Le Pen in both rounds of election – Bloomberg
11/28 Fillon wins French conservative presidential ticket – Reuters
11/28 Donald Trump blasts Jill Stein ‘scam’ Wisconsin recount – CNBC
11/28 The power struggle unfolding before our eyes – Peak Prosperity
11/28 Is this the Democrats’ real strategy in launching recounts? – Zero Hedge
11/27 Nigel Farage poised to back Marine Le Pen – Independent
11/27 Fidel Castro’s regime ‘took away the freedom, the happiness, the dreams’ – WaPo
11/27 Students say “suck it up, pussies” post-it note is hate crime – Zero Hedge
11/27 Germany prepares for trade conflict with Trump – Spiegel
11/27 Brexit: check. President Trump: check. Marine Le Pen: ? – Town Hall
11/26 Wisconsin agrees to statewide recount in presidential race – Reuters
11/26 Grief, and joy, erupt at Fidel Castro’s death – Yahoo!
11/26 Farage & Le Pen’s different brands of Euroscepticism – Left Foot Forward
11/26 French presidential race: ‘Who will beat Marine Le Pen?’ – Journal
11/26 Donald Trump and Marine Le Pen – Commentator
11/26 Donald Trump’s second, perplexing week as president-elect – New Yorker
11/26 Washington Post thoroughly discredits itself – Mish
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
11/28 Battery breakthrough charges in seconds, last for week – Kurzweil
11/28 Fukushima nuclear decommission, compensation costs to almost double – Reuters
11/28 If Trump follows through on pledges to tear up environmental laws – Economist
11/28 New technology makes solar panels 70% more efficient – Inhabitat
11/28 Florida City commits to 100 percent renewable energy – Yahoo!
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
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
11/28 Ohio State reports ‘active shooter’ on Columbus campus – USA Today
11/28 Islamic State retreat reveals terror plots against Europe – Telegraph
11/28 A month of Islam and multiculturalism in German – Gatestone Institute
11/28 Washington Post disgracefully promotes a McCarthyite blacklist – Intercept
11/28 The Western war on truth — Paul Craig Roberts – Paul Craig Roberts
11/28 Fidel Castro and the American empire – Antonius Aquinas
11/27 Jeff Sessions seen as existential threat to pot industry – US News
11/27 The demise of anti-war liberals? – CATO Institute
11/27 Donald Trump, drug warrior? – FFF
11/27 Ayn Rand predicted an American slide toward fascism – FEE
Self-sufficiency, Food Security, Survival
11/27 King of nothing – AOTH
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
CyberWar, CyberTerrorism, CyberCrime
11/28 Hackers attack San Francisco’s transit system, resulting in free rides – MarketWatch
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
Off-Topic But Brilliant/Challenging/Infuriating
11/28 Google’s instantaneous translation breakthrough – Kurzweil
11/28 Tech searches for fountain of youth – CNBC
11/27 Word of the year 2016 is… – Oxford Dictionaries
11/27 Military veterans seek new role in S. Africa poaching war – Yahoo!
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
