Aspen, Colorado December 8, 2016 Dear Reader, If you need any evidence that the world’s central banks have destroyed honest price discovery in the financial markets, the last few weeks have provided it in spades. The nearly $2 trillion sell-off in the global bond markets after the election was warranted but happened for the wrong…

KW: Without comment OPEC’s historic output deal stands to benefit Russia, which managed to move OPEC towards a cut without granting concessions Source: How Russia Outsmarted OPEC | OilPrice.com

KW: No one has $3.5bn of real gold to sell but this graph shows just how desperate the central banker manipulators of the gold market are to ensure that gold does not become an alternative currency that ordinary people hold should the money system they manipulate falter with breakdowns following things like Brexit or an…

KW: All financial commentaries (including the ones supposedly posting Russian propaganda) have warned of a severe banking crisis should the Italian referendum fail, which it has. This is the first report on the possible outcome with the Euro having a hard time vs the USD Repeated from Zerohedge: As we noted last night, when we…