Saturday, June 25, 2016

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.

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


Top Google Trend: ‘Is Hillary Clinton Going To Jail?’

Search engine users curious if Clinton crimes merit prison time
by Kurt Nimmo, Infowars:
Most Google users searching for information on Democrat presidential candidate Hillary Clinton are asking “Is Hillary Clinton Going To Jail?” the company reported Friday.
Google Trends’ official Twitter account relayed the information this afternoon indicating people across the globe are attempting to verify whether the candidate should instead occupy the big house rather than the White House.
The second most trending search topic in the past 24 hours asked which party Hillary represented.
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Neocons Endorse Hillary as the US Party of Empire Is Finally Revealed

from The Daily Bell:
Exclusive: Prominent GOP Neoconservative to Fundraise for Hillary Clinton A prominent neoconservative intellectual and early promoter of the Iraq War is headlining an official campaign fundraiser for Hillary Clinton next month, Foreign Policy has learned. -FP
The husband of State Dept. political agitator Victoria Nuland is raising money for Hillary.
According to Foreign Policy, Robert Kagan, co-founder of the Project for the New American Century, is going to speak at Hillary’s fundraiser in DC’s Logan Circle neighborhood, July 21.
Foreign Policy states that this marks a shift in the Clinton campaign because it seems she is now willing to associate with high level Republicans who are determined to ruin Trump’s chances of becoming president.
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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

Greenspan: "This Is The Worst Period I Recall; There's Nothing Like It"

"This is the worst period, I recall since I've been in public service. There's nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away. I'd love to find something positive to say."

Peter Schiff: "Brexit Is Just What The Doctor Ordered"

British voters may not know what they will get with an independent Britain, but they knew that something was rotten, not just in Denmark, but all over the European Union. The same holds true in the United States. Until our leaders can paint more realistic pictures of where we are and where we are going, we should expect more “surprises” like the one we got yesterday.

First The UK, Then Scotland... Then Texas?

That didn't take long. Only hours after the final results came in for a British exit from the EU, political leaders in Scotland are talking about renewing their drive to secede from the United Kingdom. While secession of American states is often dismissed as absurd, there are few reasons to believe that a state like Texas - to name just one example - could not immediately transition from state to nation-state. With a large economy, port cities, oil, and easy access to European, Latin American, and even Asian economies by sea, economics arguments against such a separation fall flat.

Hillary's Official Calendar Is "Missing" A Lot Of Entries

When the AP compared Clinton's 1,500 page official calendar with the detailed planning schedules, what the AP found was stunning. The names of at least 114 outsiders who met with Clinton were missing from her calendar, and at least 75 meetings with longtime political donors, Clinton Foundation contributors and corporate and other outside interests were not recorded or omitted from the official calendar

"Today Is The Appetizer For Monday"

"Monday is where we’re going to see a truer-look at “where the bodies are buried” and a more accurate “price discovery” process than what we’re seeing today (as we’re washing out all the delta one flows which are dwarfing client trading)…lots of discipline being displayed thus far, with low turnovers and folks not chasing.  "

Friday Humor: What Comes After Brexit

Brexit. Grexit. Departugal. Italeave. Fruckoff. Czechout. Oustria. Finish. Slovakout. Latervia. Byegium.

Was This The Deciding Factor For Brits To Vote "Leave"?

While the blame for today's historic moment in the collapse of crony capitalism could be laid at many feet - from Brussels totalitarianism to Cameron and Osborne's scaremongering blowback - one look at the charts and it becomes pretty clear when exactly the inflection point occurred...

If The Public Shouldn't Have Them, Why Does The IRS Need AR-15s?

The number of non-Defense Department federal officers authorized to make arrests and carry firearms (200,000) now exceeds the number of U.S. Marines (182,000).

Donald Trump’s Entire Financial History In One Short Video

In this motion graphic video, we break down the full story behind Donald Trump’s wealth.  Not only do we examine his major business successes and failures, but we even look back at real estate’s prominent role in the history of the Trump family. To conclude, the video breaks down Trump’s net worth and financial history, while highlighting some of the help he has gotten along the way in building his fortune.

Brexit: Individualism > Nationalism > Globalism

Ludwig von Mises understood that self-determination is the fundamental goal of liberty, of real liberalism. Today's Brexit vote fired a shot heard around the world, to challenge the wisdom of the “globalism is inevitable” narrative. Ultimately, Brexit is not a referendum on trade, immigration, or the technical rules promulgated by the (awful) European Parliament. It is a referendum on nationhood, which is a step away from globalism and closer to individual self-determination.

Brexit & The Fourth Turning

Fourth Turnings never peter out. They intensify to a crescendo of turmoil, chaos, violence, war, and bloodshed. This Fourth Turning intensification just got turned up dramatically. It will eventually be turned up to 11.

The US Government Will Spend $1.25 Million To Develop A Propaganda Cartoon For Pakistan

As the US government cuts into people's social security payments in order to reduce costs, it is not lost on everyone that the US is simultaneously jacking up expenses for things such as massive warships that cost taxpayers $4.4 billion, and extending the war in Afghanistan which will cost another $10 billion. However, it's not only the massive defense spending projects that the government does that bleeds US taxpayers dry, it's little one's as well.

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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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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A Tale of Two Asset Classes: Gold Miners Soar, Banks Crash

by John Rubino, Dollar Collapse:
The following tables illustrate the dilemma of mainstream money management. The vast majority of legitimate financial advisors and portfolio managers are big fans of bank stocks because finance is a crucial, if not dominant, form of economic activity in the modern world. So the big names in the field — Goldman Sachs, Deutsche Bank, JP Morgan, etc. — are generally seen as safe places to put client capital.
Gold and silver, in contrast are fringe, primitive, atavistic concepts that are, at best, “insurance” against some kind of 100-year flood that can’t be predicted and probably won’t happen. But some clients still like such things so what the hell, we’ll allocate 1% of the idiots’ money to it to shut them up. (1% is literally the proportion of global capital invested in precious metals.)
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BREXIT AFFIRMATIVE AND WITH IT A HUGE SIGMA SIX DERIVATIVE MESS!

from Harvey Organ:
Gold: $1,320.20 UP $58.80 (comex closing time) Silver 17.79 up a tiny 44 cents
The June gold contract is an active contract. Last night we had a fair sized 21 notices filed last night, for 2100 oz to be served upon today. The total number of notices filed in the first 16 days is enormous at 15,416 for 1,541,600 oz. (47.950 tonnes)
ii) in silver we had 2 notices filed for 10,000 oz.. Total number of notices served in the 16 days: 491 for 2,455,000 oz
Let us have a look at the data for Friday, June 24.
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Brexit = Death of the Technocrats

from Liberty Blitzkrieg:
My political opinions lean more and more to Anarchy (philosophically understood, meaning abolition of control not whiskered men with bombs) … the most improper job of any man, even saints (who at any rate were at least unwilling to take it on), is bossing other men. Not one in a million is fit for it, and least of all those who seek the opportunity.
– J. R. R. Tolkien
What transpired last night in the United Kingdom represented one of the most extraordinary expressions of democracy in my lifetime. When faced with an event of such monumental significance, it’s difficult to pick any particular direction for a post like this. I have so many thoughts running through my mind and so many angles I could potentially address, it’s simply impossible to do them all justice. As such, I’ve decided to focus on one very meaningful implication of Brexit: death of the technocrats.
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Domino Effect: Brexit Will Trigger More Referendums and “The EU Will Crumble to Pieces”

by Mac Slavo, SHTFPlan:

The decision by British voters to exit the European Union will devastating and lasting effects on the European Union.
The rising tide of nationalism in the UK will trigger other member states to demand their own referendums, and many observers believe it will be enough to break apart the EU altogether within just a few short years.
According to the Daily Mail:
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Gold is Positioned for a Very Long Run – and We Will Need It!

by Gary Christenson, Deviant Investor:
Guest Post from Goldco Precious Metals
Are Your Future Dollars Disappearing?
Imagine you have a ten dollar bill in your wallet. How much is it worth?
Right now I’ll bet you’re (metaphorically) looking at me like I’m a moron. “How much is it worth? Ten dollars is worth ten dollars!” Well, maybe. Certainly its face value is ten of today’s dollars, and it’ll buy “ten dollar’s worth” of whatever you can get these days for ten bucks. But imagine you keep it in your wallet for five years, or ten. Imagine the government decides, for whatever reasons, to flood the market with thousands or millions of new dollars, in another round of what they call “stimulus” and economists call quantitative easing. How much will your ten dollar bill buy you then?
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Trump: British ‘Want to Be Able to Have a Country Again…And I Think It’s Happening in the U.S.’

by Susan Jones, CNSnews:
Speaking from his newly renovated golf course in Turnberry, Scotland on Friday, Republican Donald Trump said he sees a “big parallel” between the United Kingdom’s historic vote to leave the European Union and the trend in the United States:
“People want to take their country back, and they want to have independence in a sense, and you see it with Europe, all over Europe.”
Trump said he expects other countries to follow Britain’s lead: “You’re going to have, I think many other cases, where they want to take their borders back, they want to take their monetary back, they want to take a lot of things back. They want to be able to have a country again. So I think you’re going to have this happen more and more. I really believe that. And I think it’s happening in the United States.”
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