Courtesy of John Rubino.
US stocks up a bit, gold down. Retail sales up, led by autos. Earnings season starting well for banks and miners. Global debt continues to soar, especially in China. US retaliates against alleged Russian hacking. Fake news debate rages. Trump holds first press conference since election.
Best Of The Web
3 things: consumer debt, NFIB optimism & policy uncertainty – Real Investment Advice
Secular stagnation theory: challenge to Delong, Summers, Bernanke, more – Mish
The calm before the storm for China inflation – Asia Times
Black magic fraud to be exposed in 2017 – gold up 300x – Egon von Greyerz
The economic risk of ignoring arithmetic – John Hussman
Michael Belkin interview – King World News
The death throes of “money” – SilverSeek
“European break up no longer unthinkable” – Zero Hedge
The false economic recovery narrative will die in 2017 – Alt Market
As we enter 2017, keep the big picture in mind – Peak Prosperity
“There is something strange going on… something doesn’t smell right” – Zero Hedge
My political-financial road map for 2017 – Nomi Prins
How to make America great again with other people’s money – Club Orlov
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Breaking News
The Economy
1/13 Trump will soon be begging the Fed for QE4 – CNBC
1/13 US retail sales picked up in December, led by autos – Bloomberg
1/13 Bank of America beats on bottom line, misses on top – Business Insider
1/13 Stocks getting crushed by gold in 2017 – MarketWatch
1/13 Miami taxpayers carry outsized debt burden – Miami Herald
1/13 The corporate bond market: binge-borrowing – Seeking Alpha
1/13 S&P downgrades Dallas on “continued deterioration” of police pension – Zero Hedge
1/12 German GDP grew 1.9% in 2016, strongest rate in five years – Economic Times
1/12 China credit growth exceeds estimates, lending remains robust – Bloomberg
1/12 Senate opens Obamacare repeal drive with overnight marathon – CNN
1/12 Massive VIX warning for all traders – Active Trading Partners
1/12 Fiat crashes, EPA accuses carmaker of cheating emissions tests – Zero Hedge
1/12 Gold pushes above $1,200, at 12-week high – kitco
1/12 Stocks extend losses on Trump policy disappointment – CNBC
Precious Metals
1/13 A bullish case for gold – Garret Galland
1/13 Pan American Silver: strong preliminary 2016 operating results – Yahoo!
1/13 Silver Standard 2016 output topped guidance – Seeking Alpha
1/13 Gold swaps by BIS exploded in 2016 from nothing to record level – GATA
1/13 Goldcorp sells Mexico mine in $438 million deal – Reuters
1/13 Barrick Gold doubled in 2016. Will it soar even higher? – Motley Fool
1/13 Central fund of Canada: buying $100 of gold and silver for $90 – Seeking Alpha
1/13 Great Panther Silver reports Q4, annual 2016 production results – Yahoo!
1/13 6 reasons Wall Street likes Tahoe Resources Inc. – Motley Fool
1/13 2 gold juniors ripe for takeovers – Seeking Alpha
1/12 Gold doing what it does best – preserving wealth – GoldBroker
Inflation, Deflation, Currency War, Cryptocurrencies
1/13 US Producer Price Index rose 0.3% in Dec, as expected – CNBC
1/13 Abolish central banks and slay the zombies – Standard
1/13 China posts worst export fall since 2009 as fears of U.S. trade war loom – Reuters
1/13 Germany’s Schaeuble urges ECB to start unwinding stimulus – CNBC
1/13 3 reasons global inflation worries are premature – MarketWatch
1/13 Euro extends gains after ECB minutes reveal QE opposition – Street
1/13 Inflation is rearing its head everywhere, and now in Germany – Seeking Alpha
1/13 Bitcoin is getting demolished – Business Insider
1/13 China is freaking out bitcoin traders – CNN
1/13 Bitcoin could soar if the Winklevoss ETF is approved – MarketWatch
Real Estate Bubble
1/13 Becoming a landlord is just a click away – CNBC
1/12 Mortgage rates sink for second week – MarketWatch
1/12 Vancouver: 50-80% drop in peak real estate prices? – HoweStreet
1/11 Suddenly, home sale agreements are falling apart across the US – Bloomberg
1/06 Mall companies fall as Sears announces plans to close stores – Bloomberg
DollarCollapse Podcasts
12/21 Blow-Off Top
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
Politics
1/13 Massive security preparations under way for inauguration – Fox News
1/13 Democrats about to do a 180 on foreign policy. Just you wait – Week
1/13 Donald Trump concedes Russia’s interference in election – NY Times
1/13 Marine Le Pen can never pull off Trump-style political coup in France – Independent
1/13 Marine Le Pen in Trump Tower during unannounced visit to NY – BreitBart
1/13 The irrationally divided critics of Donald Trump – Atlantic
1/12 The deep state goes to war with president-elect – Intercept
1/12 Scorching press conf shows Trump won’t have an easy presidency – Global Times
1/12 Trump’s news conference underwhelms, dollar falls, gold climbs – Lombardi Letter
1/12 Trump: Buzzfeed “failing pile of garbage”, CNN “you are fake news” – Zero Hedge
1/12 Le Pen LEADS in poll for first round of French voting – Daily Mail
Offshore Investing
12/23 The best countries for your escape plan – International Man
12/21 Do you have an offshore backup plan? – Sovereign Investor
12/17 If Europe goes down, we go with it – Nestmann
12/16 The real winner of the US elections – Mountain Vision
Clean Tech
1/13 Solar power to rise from Chernobyl’s nuclear ashes – Guardian
1/13 Arab gulf region’s growing appetite for solar power – CNBC
1/13 How and why Las Vegas embraced solar energy – Greentech Media
1/11 UAE plans to invest $163bn in renewable energy projects – Energy Business Review
1/10 Sunedison said to exit India with sale of projects to Greenko – Bloomberg
1/10 The irreversible momentum of clean energy – Science Mag
1/09 Infinite solar power technology could completely change our future – Futurism
Art of the Collapse
1/13 The WHO* warns of outbreak of new ‘Economic Reality’ virus – Elgar Online
1/13 Malice in Wonderland – 24hGold
War, Civil Unrest, Privacy, Creeping Fascism, Police State
1/13 The utter stupidity of the new Cold War – Zero Hedge
1/13 Assange agrees to extradition if US releases whistleblower – Yahoo!
1/13 Israeli jets bomb Damascus military airport – Zero Hedge
1/12 America versus the deep state – James Howard Kunstler
1/12 China should be barred from South China Sea islands? – Reuters
1/11 Chinese bomber flies around contested Spratlys in show of force – Reuters
1/11 Greece: severe weather places refugees at risk, government under fire – Guardian
1/11 US intel report: “era of American dominance drawing to a close” – Zero Hedge
Self-sufficiency, Food Security, Survival
1/08 US seafood consumption up, but many still making unhealthy purchases – Mercola
1/08 A month without sugar – New York Times
1/06 As Calpers flails, don’t bank on your pension – Investor Place
1/03 How to survive a mass shooting – Survival Sullivan
1/03 Say goodbye to kale: the superfood trends for 2017 – Telegraph
1/03 SRSrocco top 2016 posts & my commentary for 2017 – SRSrocco Report
12/31 How to set up a prepping budget – Survival Sullivan
12/24 How physical inactivity increases risk for chronic diseases – Mercola
12/23 Healing tonic that helped climbing expedition conquer Everest – Alternative Daily
CyberWar, CyberTerrorism, CyberCrime
1/13 Why we are losing the cyber war – LifeZette
1/13 LA Valley College pays $28k in bitcoin ransom to hackers – LA Times
1/12 Yearly, Russia employs 1,000 hackers to attack the West’s networks – Sun
1/12 US losing dominance in cyber war – News Tribune
1/12 Cyber war has a new weapon: Your smartphone – Hill
Off-Topic But Brilliant/Challenging/Infuriating
1/13 The virus that could get rid of alcoholism – Good Health
1/13 Massive scientific report on marijuana confirms medical benefits – Ars Technica
1/13 A new physics theory of life – Quanta Magazine
1/13 Lady Liberty depicted as a woman of color on US currency – CNBC
1/13 ‘This is a big deal’: Storms could spell end to historic drought – SF Chronicle
1/11 EU proposal would kill spam in all forms without consumer opt-in – Mish
1/10 Mind-blowing AI announcement from Google – Gil Fewster
1/10 An expert called Lindy – Nassim Nicholas Taleb
1/10 Scientists find Alzheimer’s drug makes teeth grow back – Telegraph
1/09 Wrinkles could be a thing of the past – Telegraph
1/09 How ‘Sherlock of the library’ cracked the case of Shakespeare’s identity – Guardian