Gavekal On The Coming Clash Of Empires: Russia's Role As A Global Game-Changer
Submitted by Charles and Louis-Vincent Gave of Gavekal Research
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"First They Came For The Statues..."
Authored by James Howard Kunstler via Kunstler.com,
First they came for the statues….
What do you know, long about Wednesday, August 16, 2017, House Minority Leader Nancy Pelosi (D-Cal) discovered that the United States Capitol building was infested with statues of Confederate dignitaries. Thirty years walking those marbled halls and she just noticed?
Gold, Silver Consolidate On Last Weeks Gains, Palladium Surges 36% YTD To 16 Year High
Gold, Silver Consolidate On Last Weeks Gains, Palladium Surges 36% YTD To 16 Year High
"Armageddon Risk" Returns: North Korea Predicts "Catastrophe" As Massive U.S. War Games Begin Monday
Traders barely had time to enjoy the lull from the "Armageddon trade" - the rising possibility of a nuclear exchange between the US and North Korea, which peaked over the weekend when various US officials said a nuclear war is not imminent, echoed by a statement by N. Korea's state-run news agency KCNA, before a new set of worries promptly took over, chief among them the ongoing slow motion train wreck in Donald Trump's administration coupled with yesterday's double terrorist attacks in Spain.
"From Nukes To Terrorism": Battered Investors Flee Risk For Safety Of Bonds And Gold
The global risk-off mood accelerated overnight on Trump "stability concerns", coupled with fallout from the Spain terrorist attack and lingering North Korea tensions, even if the VIX is off its latest highs, trading just above 15. Investors fled into German and U.S. Treasury bonds and bought gold for the third day in a row, as the appeal of such top-notch assets grew further due to a deadly attack that killed at least 13 people in Barcelona.