Courtesy of John Rubino.
OPEC agrees to cut output. Oil jumps, stocks rise, gold falls. 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. 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
Decade of negative real interest rates: who benefited? – Mish
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
—————————————————————–
Breaking News
The Economy
11/30 Treasury yields soar on OPEC optimism – MarketWatch
11/30 Chicago PMI soars to highest level in almost two years – MarketWatch
11/30 Negative equity rolled into new car purchases at record high – Zero Hedge
11/30 Companies clamor for cheap labor, Fed delivers – Wolf Street
11/30 RBS fail Bank of England stress test – GoldCore
11/30 2 powerful market forces could hurt Trump’s plans – CNN
11/30 Trump notches win as carrier agrees to keep 1,000 US jobs – Bloomberg
11/30 China liquidity crisis deepens, spreads across Asia – Zero Hedge
11/30 OPEC agrees to cut production to end glut – Bloomberg
11/30 How Italy’s referendum could spark a ‘systemic crisis’ in the eurozone – MarketWatch
11/30 Most indebted: Japan, Ireland, Singapore, Belgium, US, Canada – ValueWalk
11/30 China’s (not so) Great Wall of Debt: $28trln and counting – National Interest
11/30 Carmen M. Reinhart: Debt, interest rates, financial repression – Nikkei
11/30 How Trump’s economic plans will lead the Fed to reverse course on policy – CNBC
Precious Metals
11/30 COT report getting much more positive for gold bulls – Seeking Alpha
11/30 Gold in a President Trump world – Seeking Alpha
11/30 The USDJPY and the “price of gold” – 24hGold
11/30 Silver sentiment looks golden – Elliott Wave
11/30 Egon von Greyerz interview – King World News
11/30 Central banks were ready to smash gold upon Trump’s election – GATA
11/30 The Hill’s Group: gold mines vs oil depletion – SRSrocco Report
11/30 Demonetization puts second-largest gold buyer in turbulence – Market Realist
11/30 Doug and Porter on today’s once-in-a-generation speculation – Casey Research
11/30 Balmoral resources extends depth of Quebec deposit – Streetwise Reports
11/30 A ‘wicked rally’ in gold predicted – Streetwise Reports
11/30 Great Panther Silver: technical breakout – Seeking Alpha
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
Inflation, Deflation, Currency War, Cryptocurrencies
11/30 UBS Wealth sees Trump bubble burst strengthening yen to 98 – Bloomberg
11/30 The “magical balance sheet” of a central bank? – Gold Republic
11/30 Get ready for a “cash tax” – Daily Reckoning
11/30 A look at the oddity of negative interest rates – Motley Fool
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
Real Estate Bubble
11/30 The property bubble ‘the most important macro issue in China’ – Business Insider
11/30 Weed votes are already boosting warehouse rents – Bloomberg
11/30 Pending home sales stall even before mortgage rates spiked – Zero Hedge
11/30 Surging homeowner loans in China raise alarms over debt – Japan Today
11/30 UK property to fall 50%? Talking houses with Henry Pryor – ACast
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
11/30 Much more than constitutional reform at stake in Italian ballot – Reuters
11/30 ‘Washington Post’ ‘Blacklist’ story shameful and disgusting – Rolling Stone
11/30 White Christian anger will rise no matter election results – Express.co.uk
11/30 In Paris, worries that Trump will embolden Le Pen – New York Times
11/30 How one French town shifted unabashed to Marine Le Pen – Local
11/30 Polls show France’s Fillon will easily beat Le Pen – AL-AWSAT
11/30 Treasury pick Mnuchin says tax cuts path to ‘huge’ economic growth – MarketWatch
11/30 For Treasury Secretary Trump picks former Goldman Sachs partner – GATA
11/30 Trump’s latest Cabinet picks signal he has no intention of governing – CNBC
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
Offshore Investing
11/29 The end of FATCA? – Nestmann
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
Clean Tech
11/30 Experts forecast giant 11MW offshore wind turbines by 2030 – Ars Technica
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
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
11/30 Intelligence experts urge Obama to end Snowden’s ‘untenable exile’ – Guardian
11/30 German intelligence officer “arrested in Islamist plot” – Zero Hedge
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
Self-sufficiency, Food Security, Survival
11/30 What to do when you’re lost – Survival Sullivan
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
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
11/30 Google’s hand-fed AI now gives answers, not just search results – Wired
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
