Europe

The New York Times reported last week:

By Chris at www.CapitalistExploits.at

Sure, it may just go to $650 an ounce first, which incidentally would be awesome for those of us who love going long asymmetry.

Rest assured however, when the wheels truly come off of what is easily the craziest monetary experiment of modern times, there will be no stopping gold from running.

It appears Europe's refugee 'problem' is un-fixed again. Riot police were called in to break up a violent clash between hundreds of migrants and a 'vigilante group' near a Paris metro station. As The Daily Mail reports, footage from Stalingrad metro, where more than a thousand migrants have been living rough, showed hundreds of men brawling with metal poles and planks of wood.  

http://www.dailymail.co.uk/embed/video/1283518.html

Riot police used tear gas to disperse the crowd...

Submitted by Justin Raimondo via AntiWar.com,

Why do they hate Donald Trump?

Why has the Establishment pulled out all the stops in an effort to smear him, stop him, and crush him underfoot? Every single day the “mainstream” media unleashes a foam-flecked fusillade of fury at the GOP front-runner: he’s a “racist,” he’s “corrupt,” his campaign manager is a “bully,” he “incites violence,” etc. etc. ad nauseam.

In early 2015, after seeing a staggering $1.4 trillion in Euro area government debt trade at negative interest rates (the number has since grown to $6 trillion) we wondered when the bailout of insolvent governments was going to make its way to other debtors. Our question was quickly answered when we found that a negative rate mortgage had been issued by Nordea Credit, a bank in Denmark. Recently, even the WSJ finally stumbled on this bizarre inversion of traditional borrower obligations.