Courtesy of John Rubino.
Oil firm as non-OPEC producers join pact. US stocks at record, dangerously-high levels, Treasury bond yields jump again. Italian banks restructuring and raising capital. Gold and silver stabilize after Friday’s COT report shows modestly bullish changes. The “fake news” debate intensifies.
Best Of The Web
Dutch death spiral – from paradise to Bolshevik thought police – Zero Hedge
The march of the billionaires: on Trump’s bait and switch – Common Dreams
Breaking free from the captured media – Peak Prosperity
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
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Breaking News
The Economy
12/13 Italian banking crisis: UniCredit to raise €13bn – Guardian
12/13 Debt rattle – Automatic Earth
12/13 Indian banks’ poisoned chalice – Bloomberg
12/13 Mrs. O’Leary’s cow – International Man
12/13 Trumpxuberance… until it’s not – Kunstler
12/13 IMF warns Greek bail-out plan ‘simply not credible’ – Telegraph
12/13 Oil surge, expected Fed hike boost inflation expectations – Street
12/13 Central banks are losing control of interest rates – GATA
12/13 UK economy ‘to slow sharply amid uncertainty and higher inflation’ – Independent
12/13 Gerald Celente interview – King World News
12/13 Rob Arnott interview – King World News
12/13 Bill Fleckenstein interview – King World News
12/13 Meet the millennials driving up China’s growing debt load – Asia Times
12/12 10-year Treasury yield above 2.5% on higher oil prices – Wall Street Journal
12/12 Oil jumps to highest since mid-2015, Fed rate hike looms – Reuters
Precious Metals
12/13 Silver riggers’ collusion and central banks’ collusion vs. gold – GATA
12/13 Buying gold into a Fed hike: as dumb as it sounds? – Seeking Alpha
12/13 Gold suffering second-worst quarter in 18 years – CNBC
12/13 Christmas for Pan American Silver – Seeking Alpha
12/12 ‘3, 2, 1, boom’ — silver-fixing allegations in a dozen charts – Bloomberg
12/12 Analyst: gold will surge after fed raises rates – ETF Daily News
12/12 Silver market manipulation – class action complaint – Gold Charts R Us
12/11 ‘Smoking gun’ evidence cited in bid to expand U.S. silver rigging case – GATA
12/11 Peter Hug’s gold outlook on FSN radio show – Kitco
12/11 First Mining Finance changed its business model – Seeking Alpha
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
Inflation, Deflation, Currency War, Cryptocurrencies
12/13 Trump-powered dollar the bogeyman of 2017 for emerging markets – MarketWatch
12/13 Dollar about to make historic breakout, driving inflation abroad – Seeking Alpha
12/13 BOE’s next rate move may be up as inflation tolerance tested – Bloomberg
12/12 Shilling: strong dollar very deflationary for U.S. – Bloomberg
12/12 Europe is desperate and US dollar strengthens – Seeking Alpha
12/12 Small investors join China’s tycoons in sending money abroad – New York Times
12/12 Headed home: workers abandon building sites after cash crackdown – Reuters
12/12 Foxconn puts a fourth of its India workers on bench – Economic Times
12/12 Venezuela pulls 100-bolivar note from circulation to ‘beat mafia’ – Guardian
12/12 Inflation could be biggest market driver in 2017 – Market Realist
Real Estate Bubble
12/12 Why 2017 could be do-or-die for China’s bond-fueled builders – Bloomberg
12/12 London house prices are having their worst December in years – Bloomberg
12/12 Frederic Papp: is a 1990s-style real estate drama looming? – FI News
12/09 David Murray warns of disastrous property crash – New Daily
12/08 AAA grades return for securities backed by riskier mortgages – 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
12/13 China: “nothing to discuss” if US drops “one China” policy – Mish
12/12 Italy hurries to form new government as banking crisis looms – Reuters
12/12 Former UK ambassador blasts “CIA’s blatant lies” – Zero Hedge
12/12 Anonymous leaks about CIA’s Russia beliefs no substitute for evidence – Intercept
12/12 Some want Trump to cancel Michael Flynn clown show – Intercept
12/12 A Clinton fan manufactured fake news MSNBC personalities spread – Intercept
12/12 Conviction for racist speech could help Geert Wilders’s election – Intercept
12/12 Hillary Clinton slams ‘fake news,’ but what is it really? – Epoch Times
12/12 Trump took the White spending less than Clinton to the end – CNBC
12/12 It’s not Jill Stein’s fault that Hillary Clinton lost the election – The Hill
12/11 Trump picks Exxon CEO Rex Tillerson as Secretary of State – Zero Hedge
12/11 The fall of Italy’s demolition man – Counter Currents
12/11 French election’s “third man” kicks off campaign for presidency – Daily Mail
12/11 Donald Trump is bullying unions. He picked the wrong fight – Guardian
12/11 Broken men in paradise – New York Times
12/11 Poll reveals Trump voters live in alternate state of reality – Daily Kos
12/10 Secret CIA assessment says Russia tried to help Trump win White House – WaPo
12/10 Wisconsin recount goes ahead, judge mulls Pennsylvania case – ABC News
Offshore Investing
12/13 Singapore is a safe haven for gold investors – GATA
12/11 5 potential offshore traps you should run from – Mountain Vision
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
Clean Tech
12/13 States are decoupling their emissions from economic growth – Greentech Media
12/13 Legal marijuana opening new market for renewable microgrids – Greentech Media
12/13 Residential solar’s huge growth prospects in America – Greentech Media
12/13 Where are residential solar and nuclear cheaper than natural gas? – Greentech Media
12/13 Wind power key to curbing greenhouse emissions, study finds – Guardian
12/11 Cover-up admitted: radioactive fish off U.S. West Coast – SHTF Plan
12/11 Las Vegas solar power plant commissioned to serve California – Nevada Appeal
Art of the Collapse
12/12 A dozen dead oceans – Automatic Earth
12/11 Chicago working around clock to clear 18″ of bullet casings from streets – Onion
War, Civil Unrest, Privacy, Creeping Fascism, Police State
12/13 Police expect more surplus military gear under President Trump – CBS News
12/12 Beijing extremely concerned with Trump’s ‘One China’ comments – CNBC
12/12 Russian bombardment ‘forces Islamic State out of Palmyra’ – Guardian
12/12 Extensive British spying throughout Africa revealed in Le Monde – Intercept
12/12 The Icelandic minister who refused cooperation with the FBI – Kato IKOS
12/12 Email cache proves Turkish oil minister’s links to Isis oil trade – Independent
12/11 Snowden leaks reveal NSA snooped on in-flight mobile calls – Ars Technica
12/11 Marijuana and a free society – Lew Rockwell
Self-sufficiency, Food Security, Survival
12/12 Happiness depends on health and friends, not money, says new study – Guardian
12/11 10 corporations have a monopoly on almost all supermarket goods – Natural News
12/11 Fish traps to catch your limit – Survival Sullivan
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
CyberWar, CyberTerrorism, CyberCrime
12/12 New defense authorization bill prepares Marines for cyberwar – The Blaze
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
Off-Topic But Brilliant/Challenging/Infuriating
12/13 World’s largest reindeer herd plummets – BBC
12/11 The earth itself now accelerating demise of the human species – Daily Kos
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