George Soros: "Brexit Makes EU Disintegration Irreversible"

"Now the catastrophic scenario that many feared has materialized, making the disintegration of the EU practically irreversible. Britain eventually may or may not be relatively better off than other countries by leaving the EU, but its economy and people stand to suffer significantly in the short to medium term. But the implications for Europe could be far worse."

 

Stockman: "At Last The Tyranny Of The Global Financial Elite Has Been Slammed"

At long last the tyranny of the global financial elite has been slammed good and hard. You can count on them to attempt another central bank based shock and awe campaign to halt and reverse the current sell-off, but it won’t be credible, sustainable or maybe even possible. The central bankers and their compatriots at the EU, IMF, White House/Treasury, OECD, G-7 and the rest of the Bubble Finance apparatus have well and truly over-played their hand. They have created a tissue of financial lies; an affront to the very laws of markets, sound money and capitalist prosperity.

 

ABSOLUTE BLOCKBUSTER “ORLANDO” SMOKING GUN – Judge Andrew Napolitano: “Nobody died until 5:13 am when the SWAT team entered!” — DID SWAT EXECUTE 49 PEOPLE? BECAUSE IT’S CLEAR THAT OMAR MATEEN DIDN’T

“THE FBI SEIZED THE 911 CALLS AND ORDERED THE SHERIFF NOT TO TALK TO ANYBODY.” – Rick Wiles
from TRU NEWS:

According to the FBI the supposed Orlando shooter, Omar Mateen, entering the club around 02:00 AM and began his killing spree. However, as Judge Andrew Napolitano points out in this clip, that story — the story based off of the unredacted FBI transcript released Monday — doesn’t just directly contradict eye witness testimony, but the FBI’s official narrative itself!
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Germany Says "We Won't Let Anyone Take Europe From Us"

German Foreign Minister Frank-Walter Steinmeier said today that the EU would weather the shock of the British vote to leave the union as he convened crisis talks. "I am confident that these countries can also send a message that we won't let anyone take Europe from us," he said heading into a meeting in Berlin of his counterparts from the EU's six founding members.

"Brexit Is A Bear Stearns Moment, Not A Lehman Moment"

Brexit is a Bear Stearns moment, not a Lehman moment. That’s not to diminish what’s happening (markets felt like death in March, 2008), but this isn’t the event to make you run for the hills. Why not? Because it doesn’t directly crater the global currency system. It’s not too big of a shock for the central banks to control. It’s not a Humpty Dumpty event, where all the Fed’s horses and all the Fed’s men can’t glue the eggshell back together. But it is an event that forces investors to wake up and prepare their portfolios for the very real systemic risks ahead.

Calls For Texas Independence Surge After Brexit Vote

The use of "Texit" exploded when the Brexit results were announced, as more than 5,800 people on Twitter used the phrase, a five-fold increase from the day before. 1,745 people tweeted about Texit between 7am - 8am London time, the hour when the final results were announced.

Fortunes Will Be Made & Lost When Capital Flees To Safety

There's a preponderance of data that shows the world's major asset markets are dangerously overvalued. And when these asset bubbles start to burst, the 'save haven' markets that investment capital will try to flee to are ridiculously small. Investors who do not start moving their capital in advance of crisis will be forced to pay much higher prices for safety - or may find they can't get into these haven assets at any price:

Not So Fast: Scotland And Northern Ireland May Have Brexit Veto Rights

"... such measures would entail amendment of section 29 of the Scotland Act 1998, which binds the Scottish Parliament to act in a manner compatible with EU law, and he therefore believed that the Scottish Parliament’s consent would be required. He could envisage certain political advantages being drawn from not giving consent."

 

 

Turkey Gloats: "The Crusader Union Falls Apart"

Earlier today, we showed the front pages of British newspapers on the first day after the historic Brexit referendum. Just as amusing front pages, howeve,  abound in Turkey and especially among the pro-government (and thus government-controlled) press, such as the Akit newspaper, which looks at the chaos in the UK and says "the Crusader Union falls apart."

"See EU Later" - On The Front Covers Of UK Newspapers Today

The Real Brexit "Catastrophe": World's 400 Richest People Lose $127 Billion

The world’s 400 richest people lost $127.4 billion Friday as global equity markets reeled from the news that British voters elected to leave the European Union. The billionaires lost 3.2 percent of their total net worth, bringing the combined sum to $3.9 trillion, according to the Bloomberg Billionaires Index

BREXIT Means Much Higher Gold/Silver Prices

by Dave Kranzler, Investment Research Dynamics:
The elitists’ bid to rig the BREXIT referendum failed. Notwithstanding a continuous flow of propaganda sponsored by the elitist-controlled mainstream media showing that the Remain vote win, the public’s voice in England prevailed.
As I suggested yesterday, the BREXIT pandemonium deflected the public’s attention from the collapsing western economies. The most prominent sign of this is the Fed’s unwillingness to raise interest rates just one-quarter of one percent. Today’s durable goods report showed a 2.2% plunge in durable goods orders during May. A drop of .5% was expected. This 17 months in a row of year over year declines in “core” durable goods orders. Freight shipments represent the “pulse” of an economic system. The Cass Truck Transportation Index is in a literal free-fall.
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Trump Begins to Peel Back the Onion of Clinton’s Criminality

by Dave Hodges, The Common Sense Show:
Two days ago, I implored Donald Trump to begin in earnest the task of peeling back the onion of Clinton’s sociopathic criminality as Trump has embarked on a journey in which he is going to reveal all against this career criminal.
This article deals with what Trump said, yesterday, followed by an analysis of how far down the rabbit hole Clinton’s behavior actually goes. I am confident that these Trump revelations are just scratching the surface. But just in case, I included a deeper revelation of Clinton’s behavior,which I am confident that Trump will reveal in the upcoming months.
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Brexit is Just What the Dr. Ordered

by Peter Schiff, Euro Pacific Capital:

Janet Yellen should send a note of congratulations to Nigel Farage and Boris Johnson, the British politicians most responsible for pushing the Brexit campaign to a successful conclusion. While she’s at it she should also send them some fruit baskets, flowers, Christmas cards, and a heartfelt “thank you.“ That’s because the successful Brexit vote, and the uncertainty and volatility it has introduced into the global markets, will provide the Federal Reserve with all the cover it could possibly want to hold off on rate increases in the United States without having to make the painful admission that domestic economic weakness remains the primary reason that it will continue to leave rates near zero.
For months the corner that the Fed has painted itself into has gotten smaller and smaller. It continues to say that rate hikes will be appropriate if the data suggests the economy is strong.
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BREXIT Causes Global Market Selloff! 5 Countries Want OUT of EU!

from The Money GPS:

They Are Putting Armed Guards On Food Trucks In Venezuela

by Michael Snyder, Activist Post:
We are watching what happens when the economy of a developed nation totally implodes. Just a few years ago, Venezuela was the wealthiest nation in all of South America, and they still have more proven oil reserves than anyone else on the entire planet including Saudi Arabia. But now people down there are so hungry and so desperate that some of them are actually hunting dogs, cats and pigeons for food. Just a few days ago, I gave a talk down at Morningside during which I warned that someday we would see armed guards on food trucks in America. After that talk was done, I went back up to my room and I came across a New York Times article which had been republished by MSN that explained that this exact thing is already happening down in Venezuela…
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Special Report on Brexit/Addendum to the WNW

from Greg Hunter:

Do not believe the mainstream media that the Brexit vote crashed the global markets. The real reason why all markets tanked is record debt levels around the world that will never be paid back. Fantasy has just met reality in the global markets, and the carnage is far from over. The fantasy of unpayable debt expanding forever is now beginning to be realized by the central banks that have been propping up the global economy since the 2008 meltdown.

The Amount Of Stuff Being Bought, Sold And Shipped Around The U.S. Hits The Lowest Level In 6 Years

by Michael Snyder, The Economic Collapse Blog:

When less stuff is being bought, sold and shipped around the country with each passing month, how in the world can the U.S. economy be in “good shape”? Unlike official government statistics which are often based largely on projections, assumptions and numbers seemingly made up out of thin air, the Cass Freight index is based on real transactions conducted by real shipping companies. And what the Cass Freight Index is telling us about the state of the U.S. economy in 2016 lines up perfectly with all of the other statistics that are clearly indicating that we have now shifted into recession mode.
If you are not familiar with the Cass Freight Index, here is a definition of the index from the official Cass website…
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HISTORIC BREXIT VOTE MARKS COMMENCEMENT OF THE END GAME – OF GLOBAL CURRENCY COLLAPSE; THE DEMISE OF THE EUROPEAN UNION; AND IMMINENTLY, THE GOLD CARTEL ITSELF

by Andy Hoffman, Miles Franklin:
It’s 1:30 AM MST on Friday, June 23rd; i.e., the most important day in global financial history. I only slept for two hours; from which, I was awoken by a client – for the first time in five years at Miles Franklin – wanting to buy gold NOW. The reason, of course, is that what I have vehemently predicted for weeks has come true, despite unrelenting propaganda otherwise. Not to mention, pervasive PM community belief that “they” won’t let it happen; because, as Josef Stalin once famously said, “it’s not who votes, but who counts the votes that matter.”
To wit, despite an historic market manipulation and propaganda effort; which frankly, put Switzerland’s pre-gold referendum antics of late 2014 to shame; the UK “leave” campaign headed by Nigel Farage – who for years, I have deemed the “Ron Paul of Europe” – defeated the powers-that-be supported “remain” campaign by four percentage points, showing the people do in fact have the ability to change things, when pushed far enough. Consequently, UK Prime Minister David Cameron has already announced his resignation – which will not only rock the global political community, but seal the fate of co-conspirator Barack Obama’s Democratic Party; likely, handing Donald Trump the Presidency before the debates even start.
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Brexit: The Nationalist-Populist Rebellions Continue

by James P. Pinkerton, Breitbart:

1. The Secret of the English People
Britain’s departure from the European Union is a victory for English nationalism. Now we’ll have to see what happens to American nationalism.
But first, a bit more on the United Kingdom: What is English nationalism, anyway?
On June 23, the day of the Brexit vote, Englishman James Delingpole wrote a stirring piece for Breitbart News under the headline, “If You Truly Believe In Britain There’s Only One Way To Vote Today…” In it, he offered a tribute to his heritage, as he explained what nationalist patriotism means to him:
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filed under assholes...

Charlie Rangel: Only Politicians Get To Have Gun Protection

from The Alex Jones Channel:

The Consequences of Leaving the Party

by Alasdair Macleod, Gold Money:
The collective decision of the British electorate is to reject the recommendation of its government, excepting those of its few dissenting ministers, that Britain should remain in Europe.
It is a signal failure of government policy. Above all, it is a failure that undermines the state’s control over ordinary people. Time will tell whether it is just a temporary setback for the world’s economic planners, or the removal of a keystone supporting the whole structure of modern statism.
There are, therefore, two aspects of this development that must be considered, domestic UK politics and the international economic and political consequences.
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The Sky Has Not Fallen After Brexit but We Face Years of Hard Labour

by Ambrose Evans-Pritchard, The Telegraph:
It is time for Project Grit. We warned over the final weeks of the campaign that a vote to leave the EU would be traumatic, and that is what the country now faces as markets shudder and Westminster is thrown into turmoil.
The stunning upset last night marks a point of rupture for the post-war European order. It will be a Herculean task to extract Britain from the EU after 43 years enmeshed in a far-reaching legal and constitutional structure. Scotland and Northern Ireland will now be ejected from the EU against their will, a ghastly state of affairs that could all too easily lead to the internal fragmentation of the Kingdom unless handled with extreme care.
The rating agencies are already pricing in a different British destiny. Standard & Poor’s declared that Brexit “spells the end” of the UK’s AAA status. The only question is whether the downgrade is one notch or two, and that hangs on Holyrood. Moody’s has cocked the trigger too.
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