opinion
Mark Thornton updates the Stocks versus Manure contest, then explains why gold’s correction may be temporary, and why democratic socialism attracts young voters with failed answers to real problems.
macro
Michael Pettis: State-backed investors fund over 90 percent of China private equity - Traders Union
Energy
Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold - Fortune
macro
By holding down the price of oil, "somebody" is setting the table for a very painful price adjustment in the not-so-distant future. They really ought not to be doing this.
Geopolitics
Gold is Gradually Replacing Treasuries at the Heart of the Global Monetary System - GoldBroker.com
Markets
Gold price WARNING: China’s July 24 “shock” or not? - KITCO
macro
China is winning the war in the Middle East, and gold and the dollar will start to feel it, strategist says - MarketWatch
opinion
Even in a world of gold, silver, and costly mining, whoever got the new money first still came out ahead. Jeffrey Degner on why hard money doesn't repeal the Cantillon effect, and why fiat makes it far worse.
macro
How Fixing the Housing Crisis Could Trigger Devastating 10% Treasury Yields - streamlinefeed.co.ke
macro
China is winning the war in the Middle East, and gold and the dollar will start to feel it, strategist says - MarketWatch
opinion
Microsoft and the Protection Racket: Rothbard Was Right - Schiff Gold
macro
Martin Armstrong Sees August Turn For Gold - SilverTrade