Courtesy of John Rubino.
US stocks, interest rates, dollar end the week at recent and/or record highs. Worries about valuation are spreading. US housing starts plunge as higher mortgage rates begin to bite. Italian banks restructuring and raising capital as government begins bail-out. Gold and silver recover slightly from post-Fed decline. The “fake news”/Russian hacking debate intensifies.
Best Of The Web
Collateral damage – Capitalist Exploits
Cycles – a fuse, an explosive and the igniting catalyst – MATA SII
“When gold goes above 1430 we whack it” – COMEX we have a problem
Are you “living in a death spiral”? – SHTF Plan
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
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Breaking News
The Economy
12/17 Yellen’s interest rates signal to Trump: take it easy, bad boy – Guardian
12/17 Draghi said to warn EU rising global rates pose crisis risk – Bloomberg
12/17 China firms cancel over $7 bln debt issuance this month amid bond rout – Reuters
12/17 The US Federal Reserve is pushing China into a messy Catch-22 – CNBC
12/17 India’s road to depression – Bert Dohmen
12/16 Gundlach sounds Fed alarm, warns of selloff near inauguration day – Think Advisor
12/16 Opinion: Europe is failing, and Merkel can’t save it – MarketWatch
12/16 Trump trade war will hurt US more than China – CNBC
12/16 Stranger things are going into China’s overseas shopping basket – Bloomberg
12/16 Stocks off highs on report of China seizing US underwater drone – CNBC
12/16 Italy prepared to pump 15 billion euros into ailing banks: sources – Reuters
12/16 R.I.P. bond bull market as charts say last gasps have been taken – Bloomberg
12/16 China & Saudi Arabia are dumping Treasuries at a rapid pace – ETF Daily News
12/16 Banking crisis more probable by the day – Mountain Vision
Precious Metals
12/17 Royal Gold, Inc. in 5 charts – Motley Fool
12/17 Turks seek gold more than liras in response to Erdogan’s call – Bloomberg
12/17 Gold: tactics after us rate hike – 321Gold
12/17 High gold premiums in China are demand-driven, Maguire tells KWN – GATA
12/17 ‘Tinfoil hat crowd’ was right, and gold mining executives are saps – GATA
12/17 Gold miners and the gold price could crater on US interest rate hikes – Motley Fool
12/17 Silver institute: PV, EO silver use to rise sharply by 2020 – Kitco
12/16 Fed’s “fool me…”, silver suppression, euro contagion in 2017? – GoldCore
12/16 Sentiment speaks: metals are going lower – Seeking Alpha
12/16 Strong appreciation of U.S. dollar – Money Morning
12/16 Gold: one of the most interesting & complicated stories of 2016 – Tape
12/16 Ignore Royal Gold, Inc.: here are 3 better stocks – Motley Fool
12/16 The main reason to buy gold and silver stocks has shifted – Motley Fool
Inflation, Deflation, Currency War, Cryptocurrencies
12/17 Bank of Japan to hold negative rates, leave JGB yield target unchanged – Reuters
12/17 Euro-zone inflation stuck in negative territory in November – Daily FX
12/17 Swiss central bank keeps policy loose – The News
12/17 US Consumer Price Index rose 0.2% in Nov vs. 0.2% increase expected – CNBC
12/17 Singapore dollar likely to slide to levels seen after 2008 crisis – Bloomberg
12/16 The multinationals whose bonds the ECB is discreetly buying – Wolf Street
12/16 Crackdown on cash economy an attack on poor, reward for banks – Guardian
12/16 Swedish Central Bank winning currency war, but costs mounting – Business Recorder
12/16 Reflections on the war on cash – Mish
Real Estate Bubble
12/17 Housing starts dive 18.7 percent: mortgage rates soar – Mish
12/16 US housing starts tumble from nine-year high – Yahoo!
12/16 Brace for falling home prices as Hong Kong follows US in raising interest rate – SCMP
12/16 China’s spiralling property prices – BBC
12/15 Hong Kong property shares turn toxic as mortgage costs spike – 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
12/17 Why Hillary Clinton bombed with white evangelical voters – Slate
12/17 Clinton says Putin grudge led Russia to hack – CNN
12/17 Trump changed how college students learn about conspiracy theories – Time
12/16 Trump, Russia and China – Goldmoney
12/16 Putin turned Russia election hacks in Trump’s favor: U.S. officials – Reuters
12/16 Norwegian columnist sacked for backing Le Pen – Sputnik News
12/16 Pollsters tune-up for French election after Trump, Brexit shocks – Yahoo!
12/16 ?is France the final domino for the European Union? – Paste Magazine
12/16 Is Angela Merkel the new leader of the free world? – Journal of Diplomacy
12/16 Is diversity inherently dangerous? – WaPo
12/16 Global warming: the right kind – Mish
12/16 Putin lashes out at Obama: “show some proof or shut up” – Zero Hedge
Offshore Investing
12/17 If Europe goes down, we go with it – Nestmann
12/16 The real winner of the US elections – Mountain Vision
12/13 Singapore is a safe haven for gold investors – GATA
12/11 5 potential offshore traps you should run from – Mountain Vision
Clean Tech
12/16 Solar cheaper than wind, says BNEF – Windpower Monthly
12/15 Australia’s blockchain solar power-trading suburbs take shape – CryptoCoins News
12/14 Final EPA study confirms fracking contaminates drinking water – EcoWatch
12/14 US solar power smashes records in 2016 – Climate Change News
12/14 Cleantech: has solar power reached its tipping point? – Profit Confidential
12/13 States are decoupling their emissions from economic growth – Greentech Media
12/13 Legal marijuana opening new market for renewable microgrids – Greentech Media
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
12/17 China’s navy seizes underwater US drone – NY Post
12/17 China holds first live-fire drills with aircraft carrier, warships – Reuters
12/17 ‘Unlike Western mainstream media, I’ve spent the last 3 days in East Aleppo’ – RT
12/17 Snowden had to break the law to become an NSA whistleblower? – Anti Media
12/17 The lessons of Aleppo (for Trump) – Zero Hedge
12/16 Breakthrough in Japan, Russia islands row eludes PM Abe, Putin – Reuters
12/16 Rickards: Obama’s blunder; Trump’s gambit – Darien Times
12/16 Hundreds leave besieged east Aleppo on first day of evacuation – Guardian
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
12/17 Cyberwar One has begun, Russian cyber attacks on democracies – Blasting News
12/17 Lord Richards: ‘Cyber war is a two-edged sword’ – BBC
12/17 Charlie Rose talks about Putin and cyberwar – Bloomberg
12/17 Obama sat on knowledge of hack; thought Hillary would win – NewsMax
12/16 Mutually assured cyber destruction? – Times of Israel
Off-Topic But Brilliant/Challenging/Infuriating
12/17 Heal the planet for profit – Automatic Earth
12/16 New map reveals shattering effect of roads on nature – Guardian
12/16 As ‘superbugs’ strengthen, an alarming lack of new weapons to fight them – Reuters
12/14 Crack in Antarctica forming an iceberg the size of Delaware – Pop Sci
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