Courtesy of John Rubino.
US stocks up, gold and silver down. President Trump begins with flurry of changes to Obamacare and NAFTA. Earnings season starting well for banks and miners. Global debt continues to soar, especially in China. Fake news debate rages. Brexit hits speed bumps.
Best Of The Web
These are the countries with the biggest debt slaves – Wolf Street
Everything is awesome! – Mish
What is this ‘crisis’ of modernity? – Automatic Earth
Weekend edition: comparing the 1930s and today, part I – Casey Research
The global war on cash – Visual Capitalist
Stock market indicators: S&P 500 buybacks & dividends – Yardeni
3 things: returns, nothing but “net”, overly optimistic – Real Investment Advice
US financial markets – alarm bells are ringing – Acting Man
Fire with fire – Automatic Earth
2017—Shades of 1937 – Financial Sense
Why the stock market has blasted into outerspace – Econimica
Surmount impending markets shocker to profit and protect – 24hGold
Off to an interesting start – Credit Bubble Bulletin
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Breaking News
The Economy
1/26 China is becoming ‘increasingly risky’ because of its economy – CNBC
1/26 UK Brexit boom still sees economy plagued by old problems – Bloomberg
1/26 Trump loves debt, but it won’t love him back – Bloomberg
1/26 Pippa Malmgren on Brexit and shaping the way ahead – SLD
1/26 Austerity economics has just been smashed. By the IMF – Global
1/26 Euro zone yields hit one-year highs – Daily Mail
1/26 VIX near record low ignores risks revealed in swaptions – Bloomberg
1/26 Wholesale inventories surge quickest in 14 months – Zero Hedge
1/26 Johnson: elites eying the exits signals America’s crisis – INET
1/26 Japan government: fiscal targets slip further as tax revenue falls – Reuters
1/26 Kyle Bass hints what the “greatest trade he has ever encountered” is – Zero Hedge
1/26 Excessive leverage promises disaster for financial system – GATA
1/25 David Stockman: prepare for fiscal bloodbath, not fiscal stimulus – Daily Reckoning
1/25 Fitch warns time is running out for China’s debt-driven boom – Telegraph
Precious Metals
1/26 Switzerland’s gold exports to China surge to 158 tons in December – GoldCore
1/26 Jeffrey Christian on the short and long term future of gold – Financial Sense
1/26 Gold: what a fickle market – Seeking Alpha
1/25 What is Goldcorp seeking in the mergers and acquisitions space? – Market Realist
1/25 How to profit from Trumponomics – Streetwise Reports
1/25 Klondex releases year-end update and guidance for 2017 – Streetwise Reports
1/25 Gold pressured by rallying world stock markets – Kitco
1/25 Trump is gold rally accelerant – 321Gold
1/25 Columbus Gold comes to a fork in the road – Streetwise Reports
1/25 Will 2017 mark a turnaround in Goldcorp’s fortunes? – Market Realist
1/25 Yamana Gold jumped 46% in 2016: can it jump even higher in 2017? – Motley Fool
Inflation, Deflation, Currency War, Cryptocurrencies
1/26 China’s FX regulator announces latest steps to keep cash at home – Bloomberg
1/26 Investors shun Italian bonds as political outlook remains cloudy – Bloomberg
1/26 Why Ben Bernanke thinks the Fed shouldn’t shrink its balance sheet – Zero Hedge
1/26 Are you ready for an inflationary depression? – Project Chesapeake
1/26 Monero, the drug dealer’s cryptocurrency of choice, is on fire – Wired
1/25 More evidence inflation will force the Fed to raise rates in Q2 – Yahoo!
1/25 China approaching the limits of currency management – Financial Sense
1/25 Expect yelling from China, Mexico, Europe, importers – Mish
1/25 China asks Donald Trump to desist from trade, currency wars – Economic Times
1/25 Is China about to drop a yuan devaluation bombshell? – Money Morning
Real Estate Bubble
1/26 Commercial realty loan defaults booming – Financial Sense
1/26 US new-home sales tumble in December – Mercury News
1/25 Americans are flipping houses like it’s 2006 – Bloomberg
1/25 Existing-home sales for 2016 best in decade – Financial Sense
1/25 A $90 billion debt wave shows cracks in US property boom – 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
1/26 Trump prepares orders aiming at global funding and treaties – NY Times
1/26 In Trump era, Democrats and Republicans switch sides on states’ rights – Reuters
1/26 Top 10 U.S. sanctuary cities face roughly $2.27bn in cuts by Trump policy – Reuters
1/26 Is Donald Trump a fascist? – Financial Sense
1/26 UK lawmakers given two weeks to debate short Brexit bill – Bloomberg
1/26 Dutch respond to Trump’s ‘gag rule’ with international safe abortion fund – Guardian
1/26 When Theresa meets Donald – Washington Post
1/26 Prosecutor investigates French candidate Fillon for paying wife €500,000 – Mish
1/26 Trump: coordinate with DHS to begin ‘immediate construction of a border wall’ – CNBC
1/26 Trump’s next executive orders – Zero Hedge
1/25 Trump warns he’s ready to ‘send in the Feds’ to Chicago – Big Story
1/25 As Trump stresses ‘America First’, China plays the world leader – Reuters
Offshore Investing
1/24 Switzerland: still a safe country for storage… but only for physical gold – GoldBroker
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
Clean Tech
1/26 EPA data under scrutiny by Trump administration’s political staff – CNBC
1/25 Donald Trump claims ‘environmentalism is out of control’ – Independent
1/25 How solar power might burn dry bulk shipping – Seeking Alpha
1/24 Renewables with vanadium batteries to reshape $27bn off-grid market – SafeHaven
1/24 Trump signs orders renegotiating Keystone XL, Dakota access pipelines – Zero Hedge
1/24 US solar employs more people than oil, coal, gas combined – Independent
1/24 Solar could be a cheaper power source than coal within a decade – Oil Price
Art of the Collapse
1/26 Bad Lip Reading’s video on Trump’s inauguration is hysterical – The Blaze
1/24 Watch: SNL pays tribute to Obama — ‘don’t go!’ – BreitBart
War, Civil Unrest, Privacy, Creeping Fascism, Police State
1/26 Six shot during vigil for gunshot victim in Chicago – Reuters
1/26 ISIS video unveils new weaponized drone program – Zero Hedge
1/25 China says will protect South China Sea sovereignty – Reuters
1/25 China’s missiles near Russian borders target USA analyst believes – Before It’s News
1/25 Gun-controlled Paris deploys soldiers to protect the wealthy – BreitBart
1/24 Netanyahu approves 2,500 more homes in settlement territories – MRC TV
1/24 Trump White House vows to stop China taking South China Sea islands – Reuters
1/23 China party paper says no ‘provocation’ can stop its military drills – Reuters
Self-sufficiency, Food Security, Survival
1/24 What does roundup do to your liver? – Mercola
1/24 Dirty dairy is in panic mode – Mercola
1/23 How sun exposure improves your immune function – Mercola
1/22 Persistence is undervalued – Signal v. Noise
1/22 Why planning your day the night before drastically increases productivity – Medium
1/19 How to protect your online life – International Man
1/16 12 Google tricks that will change how you search – Medium
1/16 A guide to becoming unstoppable with your money – Medium
1/08 US seafood consumption up, but many still making unhealthy purchases – Mercola
CyberWar, CyberTerrorism, CyberCrime
1/26 Seymour Hersh: media uncritically promoting Russian hacking story – Intercept
1/21 The emergence of the ‘cyber cold war’ – NBC
1/19 2016 was a record year for data breaches – Bloomberg
1/19 Inside a multinational cyber weapons deal that went bust – Bloomberg
1/17 Russian hackers were only getting started in the 2016 election – Fortune
Off-Topic But Brilliant/Challenging/Infuriating
1/26 Purdue Pharma: corporate fraud with a body count – AlterNet
1/25 Bumblebee added to US endangered species list – VoA
1/25 Cab industry on verge of collapse? Capital One’s Taxi NPL rate >50% – Zero Hedge
1/25 6 areas of AI and machine learning to watch closely – Medium
1/23 Last time oceans got this warm, sea levels were 20-30ft higher – LA Times
1/23 Government ‘tried to bury’ its own alarming report on climate change – Independent
1/23 AI performs better than 75% of American adults on visual IQ test – Kurzweil
1/23 Utopian ideas on climate change will get us precisely nowhere – Guardian
1/23 Why are world leaders visiting Antarctica? – USA Watchdog
1/23 This book outlines both the history and future of marijuana – Salon
1/22 Being antinatalist – Medium