Submitted by Michael Shedlock via MishTalk.com,
I have been warning about the increasing likelihood of a serious global trade war for quite some time.
That warning is now my baseline scenario. Unless there is an immediate deescalation of rhetoric and a return to rational thinking, a very destructive global trade war is baked in the cake.
I seek ways that a global trade war does not start, but I come up short.
Hold your real assets outside of the banking system in one of many private international facilities --> https://www.sprottmoney.com/intlstorage
Megatrends 2020: What They Mean For Gold
Written by Peter Diekmeyer (CLICK HERE FOR ORIGINAL)
Until now, Iran's angry outbursts in response to alleged breaches of Obama's nuclear deal as well as extensions of the Iran sanctions, have been relegated to verbal outbursts, culminating most recently with the threat by Iran's defense minister Denghan that should Trump end Obama's landmark arrangement with Iran, it would result in a war which "would mean the destruction of the Zionist regime (Israel) ... and will engulf the whole region and could lead to a world war."
Submitted by Charles Hugh-Smith via OfTwoMinds blog,
This is a blatantly politicized "report" that is not supported by any evidence, nor is it supported by the other 16 intelligence agencies.
The recent pronouncement by the C.I.A. that Russian hackers intervened in the U.S. presidential election doesn't pass the sniff test--on multiple levels. Let's consider the story on the most basic levels.
Yesterday's brief hiccup in what has been an otherwise relentless rally in global risk assets is all but forgotten this morning, as European and Asian stocks, and US equity futures, all rise in quiet trading ahead of tomorrow's FOMC meeting, with the Dow set to make a 16th consecutive post-election all time high.