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The U.S. Army Corps of Engineers plans to close the anti-DAPL protest campsite at Standing Rock by Dec 5, in an attempt to “protect the public amid violent confrontations between protesters and law enforcement.” The Army Corps issued a letter Friday announcing plans to evict portion of federal land on which people have been camping for months to protest the Dakota Access oil pipeline. Collective Evolution reports: A letter dated November 25, from Army Corps District Commander Col. John W.

Submitted by Charles Hugh-Smith via OfTwoMinds blog,

So where will mobile capital flow in an environment of rising socio-political risk, a multi-year USD uptrend and a dearth of safe, liquid markets?

On October 3rd I asked Is the U.S. Dollar Set to Soar? It seems the answer was yes. Here's the weekly chart of the USD I posted on October 3rd:

And here's the current weekly chart of the USD:

Submitted by Eric Bush via Gavekal Capital blog,

Back in March, when China's various forms of soft capital controls had failed to stem China's relentless capital outflows, we reported that "bizarro M&A" deals were rapidly becoming "China's Most Innovative Capital Outflow Yet." We pointed out several M&A deals that simply made no sense from the fiduciary perspective of a rational buyer, and had all the signs of a panicked attempt to park cash offshore in the form of mergers and acquisitions with zero regard for cost or return on investment. Among these were:

Japan is aiming to regain the edge in technology innovation which it lost to China and South Korea, by building the world’s fastest computer. The Japanese government is to spend 19.5 billion yen ($173 million) on creating the fastest supercomputer known to man with a 130 petaflops processing power that would propel the country into a new technological era. Currently China’s Sunway TaihuLight holds the record with 93 petaflops capacity, churning calculations at the rate of 93 quadrillion per second.