Courtesy of John Rubino.
The political focus shifts to upcoming Italian, French and Austrian elections, all of which could go against the establishment. Italian banks are plunging. India’s war on cash may turn into war on gold. 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
—————————————————————–
Breaking News
The Economy
11/29 Exclusive: ECB ready to buy more Italian bonds if referendum rocks market – Reuters
11/29 Oil prices extend losses as Iran appears to resist output limits – CNBC
11/29 Consumers, exports power U.S. third-quarter economic growth – Yahoo!
11/29 Consumer confidence jumps in November to highest level since 2007 – MarketWatch
11/29 Italian bank shares dive on fears about potential referendum defeat – MarketWatch
11/29 Japan’s household spending, retail sales decline in October – Bloomberg
11/29 Will the dollar and higher rates doom stocks? – Seeking Alpha
11/29 What’s happening in gold and uranium? – Korelin Economics Report
11/29 How far can bond yields rise before hurting equities? – Zero Hedge
11/29 Where are we in the business cycle – Zero Hedge
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
Precious Metals
11/29 Trump considers gold standard advocate for treasury secretary – GATA
11/29 Gold: buy modestly, but buy! – 321Gold
11/29 King of nothing – AheadOfTheHerd.com
11/29 Gold: the correction came, but it’s not enough – Seeking Alpha
11/29 Islamic finance body approves standard for gold-based products – GATA
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
Inflation, Deflation, Currency War, Cryptocurrencies
11/29 Cash is for criminals – taxing cash withdrawals from ATMs – Armstrong Economics
11/29 Clinging to illusions – the blinkered elite who still think austerity works – Guardian
11/28 Hyperinflation: 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
Real Estate Bubble
11/29 US home prices hit new peak, up 5.5% in September – CNBC
11/29 The rise of the wealthy renters – Dr. Housing Bubble
11/29 What happens “if the boom ends with a bang?” – Wolf Street
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
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
11/29 Assessing Hillary’s recount odds – Mish
11/29 NY Times subscription growth soars tenfold after Trump’s win – CNBC
11/29 How the global Left destroyed itself (or, all sex is not rape) – Macro Business
11/29 Welcome to Hooverville – International Man
11/29 The media’s role in politics – Korelin Economics Report
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!
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
11/29 Donald Trump’s game of whack-a-mole on energy and climate – Greentech Media
11/29 NRG closes on SunEdison’s solar and wind projects – Greentech Media
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!
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
11/29 Assad on verge of biggest victory since start of Syrian war – Zero Hedge
11/29 Trump: Burn the flag, go to jail – CNN
11/29 Wikileaks releases half a million diplomatic cables – Zero Hedge
11/29 Donald Trump’s surveillance state – FFF
11/29 Somali student identified as suspect in Ohio State attack – MarketWatch
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
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
11/29 Japan denies report of ‘state-backed’ cyber attack on military – Bloomberg
11/29 Chinese firms hit by huge increase in cyber attacks – Reuters
11/28 Hackers attack San Francisco’s transit system, resulting in free rides – MarketWatch
Off-Topic But Brilliant/Challenging/Infuriating
11/29 Biggest ever coral die-off on Australia’s Great Barrier Reef – Reuters
11/29 West Antarctic ice shelf breaking up from the inside out – AGU
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
