United States

Gold Sees Safe Haven Gains On Trump “Fire and Fury” Threat

A couple of days, I did a post in which I mused about "One Possible Path", which included this critical element that would precede a market tumble:

Well, maybe we've already got our "something"

Paul Craig Roberts writes that the admirable and honorable truth-teller John Pilger warns us that nuclear war is closer than we think.

After a slow and steady march higher in the wake of the 'great recession' nearly a decade ago, a note today from Rent Cafe shows that average rents in the United States may have finally stalled in July at $1,350 per month after posting a paltry sequential gain of just 0.1%.  

Rents are still steadily climbing across the country, but that growth is finally slowing – and in a big way. In July, national rents grew a meager 0.1% over the month and just 2.6% from the same period in 2016, according to recent data from Yardi Matrix.

 

Challenge accepted.

If Trump thought that his bluff would be sufficient to finally shut up North Korea, and put an end to Kim's provocative behavior, well... bluff called because North Korea's state-run KCNA news agency reported moments ago that not only did N.Korea escalate the tensions up another notch, but explicitly warned that it could carry out a "pre-emptive operation once the US shows signs of provocation", and that it is "seriously considering a strategy to strike Guam with mid-to-long range missiles."