Courtesy of John Rubino.
US stocks hit new record, Treasury bond yields jump again. European Central Bank maintains QE, the euro plunges, euro-bond yields rise. Italian government forced to bail out major bank. Gold falls further; today’s COT report expected to show bullish changes.
Best Of The Web
The soon to erupt euro experiment – MATA SII
Our “gaslight” financial system – Charles Hugh Smith
Cycles – anti-globalization & the end of the debt super cycle – MATA SII
Trump, bonds, peripheries, China and Italy – Credit Bubble Bulletin
A new look – NYSE margin debt and the market – Financial Sense
The guys from ‘Government Sachs’ – New York Times
This map shows how much debt the world is in – M2
What a professional disinformation campaign looks like – Zero Hedge
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
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Breaking News
The Economy
12/10 A rising stock market does not signal economic health – FEE
12/10 Raging stocks, Fed fears: ‘dislocation’ in global markets – Bloomberg
12/10 JGB yields hit 10-month high as super longs slump after auction – Reuters
12/10 Germany’s Bild lambasts Draghi over ECB “money bomb” – Reuters
12/10 Record high lease returns to wreak havoc on used car prices – Zero Hedge
12/09 ECB denies Italy’s plea for more rescue time – Investors
12/09 U.S. wholesale inventories fall in October – Business Insider
12/09 Market insanity reaches record highs – SRSrocco Report
12/09 Tromponomics will collapse under a mountain of debt – Daily Reckoning
12/09 Europe’s comfort blanket is being pulled away – Telegraph
12/09 Monte Paschi stock, bonds collapse after ECB rejection – Zero Hedge
12/09 Market indicator hits extreme levels – CNBC
12/09 Presenting SocGen’s “most frightening credit chart” – Zero Hedge
12/09 Why Europe must end in tears – GoldMoney
12/09 Japan downgrades growth estimate for July-Sept to 1.3 pct – ABC News
Precious Metals
12/10 Gold-futures selling exhausting – SafeHaven
12/10 How to trigger a silver avalanche by a pebble – 24hGold
12/10 10 reasons to buy Silver Wheaton stock today – Madison.com
12/10 3 gold stocks worth buying in 2017 – Motley Fool
12/09 Gold set for fifth weekly drop on dollar, U.S. rate prospects – Yahoo!
12/09 Sibanye Gold to buy Stillwater Mining for $2.2 billion – GATA
12/09 Deutsche Bank proves what GATA told CFTC six years ago – GATA
12/09 Signs of inflation: silver leads gold – 321Gold
12/09 Is bitcoin better than gold? – Forbes
12/09 Buy silver – may replace gold as money in India – 24hGold
12/09 The last time the fed hiked rates in December – Silver Doctors
12/09 Why Islamic standards for gold investment will increase offtake of metal – GATA
12/09 The fact of bullion bank gold and silver price manipulation – GATA
12/09 Some concerns underlying gold-backed ETFs – Seeking Alpha
12/08 Euro slides with bonds on ECB stimulus signal; U.S. stocks mixed – Bloomberg
12/08 Confusion reigns in markets as ECB QE changes spark wild swings – Bloomberg
12/08 India outflow: Deutsche Bank says you ain’t seen nothing yet – Bloomberg
12/08 Deutsche Bank provides “smoking gun” proof of rigging silver market – Zero Hedge
12/08 India confiscates gold, jewelry in raids on hidden money – Mish
12/08 UK failed to measure huge imports of gold after Brexit vote – GATA
Inflation, Deflation, Currency War, Cryptocurrencies
12/10 Bitcoin approaching new highs for the year – Quartz
12/10 Why bitcoin could be more important than the internet – Nasdaq
12/09 Global bond yields rise as Chinese inflation accelerates – Nasdaq
12/09 The ‘biggest conundrum’ in 2017 for the US economy – CNBC
12/09 Where a strong dollar will do the most damage – Stratfor
12/09 Clemson: Strong dollar a threat to SC agriculture industry – The State
12/09 ECB ‘bazooka’ reloaded until at least December 2017 – GoldCore
12/09 Almost certain there will be another euro crisis in 2017 – David McWilliams
12/09 Cash is no longer king: phasing out physical money – Activity Post
12/09 IRS wants bitcoin gone – IJR
Real Estate Bubble
12/09 David Murray warns of disastrous property crash – New Daily
12/08 AAA grades return for securities backed by riskier mortgages – Bloomberg
12/08 Chinese driven Vancouver housing bubble moves to Seattle – Zero Hedge
12/07 Dramatic impact of surging rates on housing and refis – Talk Markets
12/07 NYC’s tallest luxury tower is discounting condos by millions – Bloomberg
DollarCollapse Podcasts
12/01 All Eyes On Italy
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
Politics
12/10 Wisconsin recount goes ahead, judge mulls Pennsylvania case – ABC News
12/10 Tina Fey: why Hillary Clinton lost the election – Vanity Fair
12/10 Nearly a third of Republicans think Donald Trump won the popular vote – Salon
12/10 Geert Wilders guilty without penalty – Mish
12/10 “Something crazy could happen to stop Trump becoming president” – Zero Hedge
12/10 Trump’s bait and switch? – Zero Hedge
12/09 Trump picks Goldman president for chief economic advisor – Zero Hedge
12/09 Top official in Italy’s M5S increases call for referendum on euro – Guardian
12/09 Madonna launches misguided attack on female Trump voters – JH News and Guide
12/09 Bloomberg, Le Pen and the unwashed masses – Daily Caller
12/09 Obama orders intelligence review of ‘what happened’ during election – Twitchy
12/09 The electoral college is great for whiter states, lousy for cities – Wired
12/09 Marine Le Pen: No free school for illegal migrants in France – BBC
12/08 Michigan presidential ballot recount ended by court ruling – Bloomberg
12/08 Washington Post appends “Russian propaganda fake news” story – Zero Hedge
12/08 ‘Populism vs. globalism’ – a meme that doesn’t exist in reality – Daily Bell
12/08 Florida recount next? – Inquisitr
12/08 Who’s behind PropOrNot’s blacklist of news websites – Wall St. On Parade
Offshore Investing
10/09 A new era of uncertainty in Europe – Mountain Vision
12/08 5 tips on how to protect your wealth offshore the right way – Mountain Vision
11/29 The end of FATCA? – Nestmann
10/28 Social mood is changing – prepare your offshore nest egg – Mountain Vision
Clean Tech
12/09 Why electric cars are only as clean as their power supply – Guardian
12/09 Trump team’s asking for ways to keep nuclear power alive – Bloomberg
12/09 How clean is solar power? – Economist
12/09 Clean energy with every click: Google goes 100% renewable – RMI
12/08 Solar power actually made global warming worse – Daily Caller
12/08 New study says solar panels have repaid their fossil fuel debt – TreeHugger
12/07 China leads the world in solar power installations – CIO
Art of the Collapse
12/02 “Strike three” – Zero Hedge
11/22 10 victorious Hillary Clinton illustrations that could have been – GQ
War, Civil Unrest, Privacy, Creeping Fascism, Police State
12/10 Fake news, criminalized – Daily Bell
12/09 Dutch court convicts Wilders of inciting discrimination – Reuters
12/09 Russia’s buildup in Kaliningrad to test Donald Trump on NATO – Wall St. Journal
12/09 Russia tests nuclear-capable drone sub – Free Bacon
12/08 The Russian app that has destroyed privacy forever – Bloomberg
12/08 More monitoring, less speech – The Crimson
12/08 Assad on verge of victory, Syrian rebels request a ceasefire – Zero Hedge
12/07 UK bans end-to-end encryption – Coin Telegraph
12/07 Ambush shootings of police officers highest in decades – The Trace
Self-sufficiency, Food Security, Survival
12/09 Foolish to trust the CDC on vaccines – Dr. Sircus
12/08 How to get out of handcuffs and other restraints – Survival Sullivan
12/08 Grow food all year in your home with heat storing greenhouse – David Wolfe
12/07 Pete & Gerry’s cage-free eggs a hit; small farmers can take note – MarketWatch
12/06 Bivy bags – Survival Sullivan
12/04 8 steps to securing online privacy – Sovereign Investor
12/04 Ironically, less cushion in your running shoes may mean fewer injuries – Mercola
12/04 Breathe, exhale and repeat: the benefits of controlled breathing – Mercola
12/04 How to raise sheep – Survival Sullivan
CyberWar, CyberTerrorism, CyberCrime
12/10 The Botnet that broke the internet isn’t going away – Wired
12/09 Homeland Security tied to attempted hack of GA’s election database – CNBC
12/08 Who are the NSA’s elite hackers? – Vice
Off-Topic But Brilliant/Challenging/Infuriating
12/09 Idiocracy, Last Tango in Paris, 11 other entertainments ruined by 2016 – Vanity Fair
12/09 Polar Vortex is back and it’s going to get ugly – USA Today
12/09 Inhaling through nose stimulates brain and boosts memory – Telegraph
12/09 Life expectancy in U.S. drops for the first time in decades – Zero Hedge
12/09 Mass extinction and mass insanity – Automatic Earth
12/08 Giraffes facing ‘silent extinction’ as population plunges – BBC
12/08 Greenland’s ice-free past exposes sea level rise danger – Yahoo!
12/08 Japan to increase loan to Fukushima operator Tepco to $123 billion – Reuters
12/06 United States is turning into a factory farm for China – Mercola
12/06 Google’s satellite timelapses show the inconvenient truth about our planet – Guardian
12/05 Fear mongering planet Nibiru collision in 2017 – Daily Bell