SWIFT

Frontrunning: November 21

  • U.S. sues to stop AT&T buying Time Warner, says would hike rates (Reuters)
  • Merkel Tells Her Rivals: Back Me or Face Voters (BBG)
  • German Turmoil Threatens Europe (WSJ)
  • European Giants Are Making a Bad Month Worse for Stock Market (BBG)
  • Taylor Swift Is Building a Wall (VF)

Rickards On Gold, Interest Rates, & Super-Cycles

"I’ve heard the same stories from Switzerland to Shanghai and everywhere in between, that there are physical gold shortages popping up, and that refiners are having trouble sourcing gold. Refiners have waiting lists of buyers, and they can’t find the gold they need to maintain their refining operations."

Why So Many (In The West) Are So Pissed Off

"...hardly anyone on the right or the left realizes just how fleeting the dominance of the West – and the U.S. in particular – has been in the longer sweep of human history..."

Iran Is Preparing Infrastructure For Bitcoin Adoption

The Iranian Deputy Minister of Information and Communication Technology, Amir Hossein Davaee said that "The ministry of communications and information technology has already conducted a number of research studies as part of efforts to prepare the infrastructure to use Bitcoin inside the country."

Europe Will Reap What Spain Has Sown

"If the Spanish suppression of Catalonia succeeds, the Basques may see themselves as next on Rajoy’s list. Unlike the Catalans, the Basques have shown Madrid that they are quite capable of bringing a war home to the very center of the Spanish state in Madrid. "

Doug Casey: How I Learned To Love Bitcoin - Part 1

"I was first introduced to Bitcoin several years ago...I wish I had listened to his argument more carefully...I was inclined towards it philosophically, but outsmarted myself on an investment level... It’s a fiat currency, yes, but it has much more practical value than any other."