Paul Craig Roberts “Nato Wants Britain In Eu For War with Russia. Vote LEAVE Today!”

from The Richie Allen Show:

Bremain Bounce Fades As "Biblical" Flooding Disrupts Vote

While cable holds near 2016 highs, it has begun to fade modestly from overnight exuberance as concerns over turnout due to torrential rain and flooding in the south of England are raising doubts about the Brexit vote outcome. With the majority of southern-England - most especially London - suffering "biblical" flooding, where the bulk of Britain's "remain" voters would be; as opposed to "balmy" weather in the rest of the country, perhaps the fade in cable and stocks is warranted?

Britain Votes: All You Need To Know About Today's Brexit Referendum And What To Look For

Starting at 600 GMT, and continuing through 2100 GMT when polls close, Britain is conducting a historic referendum on whether to stay in the European Union on Thursday. Here are the full details of how today's vote will take place and what to watch for.

On The Front Covers Of UK Newspapers Today

Voting Begin: Stocks Surge, Sterling Hits 2016 Highs, Futures Flirt With 2100

On the day voting for the UK referendum finally began, what started off as a trading session with a modest upward bias, promptly turned into a buying orgy in painfully illiquid markets shortly after Europe opened as an influx of buy orders pushed European stocks 2% higher, propelled by cable which was above 1.49 for the first time since December and USDJPY climbing over 1.05 in sympathy, following the release of the final Ipsos Mori poll which showed Remain at 52% to 48% for leave.

 

Bad News For Hillary: Huge Percentage Of Bernie Supporters Won’t Vote For Her

"There’s zero percent chance that Hillary Clinton could ever get my vote...She’s a corporate candidate. I don’t vote for corporate candidates...I will absolutely never vote for Clinton.”

 

Gundlach Will Sell European Stocks Into "Remain" Pop; Bashes SolarCity Deal

With cable trading just shy of 1.49, and well above what many banks had expected was the currency's maximum "surge" rebound from last week's lows in the case of a "Bremain" victory, the looming question among trading desks ahead of tonight's official results is whether the market has fully priced in the brexit favorable outcome. According to at least one person the answer is yes. Jeffrey Gundlach said that his firm is considering selling its position in European equities early Friday on a "Bremain" vote

Fed's National Activity Index Plunges In May

Against expectations of a rise to +0.11, Chicago Fed's National Activity Index plunged to -0.51 (from a revised lower +0.05), hovering at its worst level since January 2014... Under the surface, things are ugly with only 28 of the 85 monthly individual indicators made positive contributions, while 57 indicators deteriorated.

Hawkish Fed Looms As Initial Jobless Claims Plunge Near 42 Year Lows

Who knows best? The Department of Labor  - who is telling the American public that the labor market, based on initial claims, are hovering near the best levels in 42 years; or The Fed - who is warning that labor market conditions are deteriorating at the fastest pace in seven years?

Democrat "Gun Control" Sit-In Continues Into Its Second Day On House Floor

In a dramatic turn of events Democrats took the floor of the House and staged a sit-in just before Noon on Wednesday. The Democrats were demanding that Republican leadership schedule votes on gun control bills, and according to Politico, Republicans almost immediately recessed the House and turned off the chamber video cameras. That only added fuel to the fire, and the sit-in went on all day and has continued into the early hours Thursday morning.

As Of This Moment, Barclays Is Not Accepting FX Stop Loss Orders

"Both Barclays Electronic Trading Desk and Barclays Voice Spot Trading Desk will endeavour to operate as close to normal levels of service as the Disrupted Market Conditions allow.  However, taking into account the potential Disrupted Market Conditions during the EU Referendum Period, Barclays has decided to impose certain restrictions on its electronic and voice FX Stop Loss order offering during this period and would like to highlight certain matters with respect to Disrupted Market Conditions."

Robots To Pay "Social Security" Under EU Tax Proposal

The EU is studying a proposal that would count robots as people for tax purposes. Although the proposal is deemed “too early” to implement just yet, rest assured once nannycrats get a bad idea in their heads, it never leaves. This provides yet another reason to vote in favor of Brexit.

Today’s Trading Is All About Blinking First

The voting has begun to decide Britain’s EU referendum. It’s raining hard and it’s hot, which makes it fortunate that the British are a hardy lot. They’ve had to be to endure a campaign where the hyperbole has been worthy of a U.S. election.  Banks left and right are warning their clients in advance that they may not have the liquidity or risk appetite to execute trades on their behalf tomorrow. I’m not sure why they’re also advising what trades to do on the outcome.

Spain's Rajoy Implicated In Smear Allegations Just Days Before Elections

Just days before the latest Spanish election, Rajoy was implicated Wednesday in an alleged smear campaign after taped conversations from two years ago appeared to show his interior minister Jorge Fernandez Diaz asking a top anti-fraud official for information on how to discredit political rivals Bloomberg reports. Diaz said that the recordings had been taken out of context, and denies any wrongdoing.

British Discontent About The EU: Only A Precursor To Unrest On The Continent

If Britain leaves the EU and if the reaction to Brexit causes years of uncertainty, the EU will reap what it has sowed. British discontent is only a precursor to unrest on the Continent, where populists from across the political spectrum feel they have lost control over their fate, and are gaining popularity.

Meanwhile In London, A Stunning Scene Emerges

"Long queues stretched outside foreign exchange bureaux in the City of London on Thursday as people cashed in their pounds ahead of the EU referendum."

Where Are The Jobs?

Maintaining the status quo of red tape, high taxes, high junk fees and indifference to small business realities guarantees decline and failure. The motto of the most dynamic elements of our economy is: trust the network, not the corporation or the state.The most creative places share three essential characteristics: disorder, diversity and discernment. In other words, the exact opposite of places designed to preserve the privileges of vested interests and a sclerotic status quo.

When Will Governments Tell The Truth About The World Economy

by Egon Von Greyerz, Gold Switzerland:

On June 3rd we had another set of figures which although fake, still shocked the financial world.
Non-farm payroll increased by only 38,000, massively lower than any forecast. But add to that 244,000 fictitious jobs created and 484,000 workers which were forced to go from full time to part time work, then we get to a reduction in full time jobs of 690,000! Also, the workforce has grown by 21 million since 2007 but the actual number of employed has grown by only 5 million and out of those only 2 million are full time workers. And the quality of the jobs is also declining dramatically. Since 2007 1.5 million manufacturing jobs have been lost whilst 1.5 million hospitality workers (waiters, restaurant workers etc) have been added. But still, because of the idiocy of how the figures are calculated, the unemployment rate went down from 5% to 4.7%. The fact that people capable of working are leaving the labour force in droves is totally ignored. There are now 95 million Americans capable of working who cannot find a job. And for the ones who have a job, average wages have declined since the 1970s.
Read More

We May Soon See a Tidal Wave of Bankruptcies…Here’s How to Prepare

by Doug Casey, Casey Research:
Another huge corporation just went bankrupt.
It was one of the biggest bankruptcies of the year. But it certainly won’t be the last. In fact, we think this is a trend that could soon level the global economy…
Some folks will call us alarmists for saying this. But, as you’ll discover by the end of today’s Dispatch, this prediction isn’t as bold as it sounds.
Today, we’ll take a deeper look into this growing crisis…and we’ll show you what you can do today to protect your wealth.
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Online Gun Store Sells 30,000 AR-15s In Week After Orlando

from ZeroHedge:
In the aftermath of the Orlando shooting, gun sales have started to pick up again, just as the case was in the aftermath of the Newtown tragedy.
We first reported that in the aftermath of the Orlando shooting, Adventure Outdoors owner Jay Wallace said that AR-15s and other firearms were flying off the shelves because people are afraid that the government is going to take guns away. This trend is now spreading to other gun stores, as we now learn that online gun store Hunter’s Warehouse, based in Bellevue, Pennsylvania sold more than 30,000 AR-15 semi-automatic rifles in one seven day period after the Orlando shooting.
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IMF Downgrades The US Economy And Pushes The TPP – Episode 1004a

from X22Report:

Euro zone confidence declines. Sharp might layoff 7,000 employees globally. Existing home sales increase to the levels of 2007, prices are falling, the bubble is popping. IMF urges Obama to tackle poverty. IMF pushes the TPP and downgrades the US . World Central Banks are having a secret meeting to talk about the world economies. The British are worried about the BREXIT so many are purchasing gold and hiding it.

Those Silly Russians, So Paranoid About Missiles and Armies Massing on Their Borders…

from Rogue Money:
New York University Professor Stephen Cohen pointed out on the John Bachelor show in May, where he is a weekly and highly rated guest, that there have not been this many troops especially German soldiers on Russia’s borders in ‘peacetime’ since June 21, 1941.
Film Bulletin Event Date: 1939-1941 The German Invasion of Russia Autumn of 1941. American narration describes the German invasion of the USSR. Fires and other devastation in USSR; Soviet POWs. Germans attack Poland in 1939. Clips of battle footage (from German newsreels) while the narrator enumerates the countries invaded by the Nazis.
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Brexit: What Is It About? — Paul Craig Roberts

by Paul Craig Roberts, Paul Craig Roberts:
If you read the presstitute media, Brexit—the referendum tomorrow on the UK’s exit from the
EU— is about racism. According to the story line, angry rightwing racists of violent inclinations want to leave the EU to avoid having to accept more dark-skinned immigrants into England.
Despite the constant propaganda against exit, polls indicated that more favored leaving the EU than remaining until a female member of Parliament, Jo Cox, was killed by a man that a witness said shouted “Brexit.” Cox was an opponent of leaving the EU.
The UK government and presstitute media used Cox’s murder to drive home the propaganda that violent racists were behind Brexit. However, other witnesses gave a different report. The Guardian, which led with the propaganda line, did report later in its account that “Other witnesses said the attack was launched after the MP became involved in an altercation involving two men near where she held her weekly surgery.” Of course, we will never know, because Cox’s murder is too valuable of a weapon against Brexit.
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2008 Script To Be Used AGAIN With Precious Metals

by Jeff Nielson, Sprott Money:

Over the past several months, readers have received several warnings in connection with the fake-rally in precious metals. The nature of these warnings can be easily summarized.
The Next Crash is almost here. Another one of the Big Banks’ eight-year, bubble-and-crash cycles is coming to an end. Even many of the talking-heads in the mainstream media are now echoing that U.S. markets (in particular) are ripe for a crash .
When the Big Banks (and their owners) deliberately detonate these bubbles, just like they did in 2008 , precious metals markets will also be taken down hard, in order to make it appear that the world’s premier,safe-haven financial assets are not “safe havens.” Today, we see the mainstream media duplicating this warning …sort of.
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ANOTHER HUGE 3.57 TONNES OF PAPER GOLD ENTER THE GLD/HUGE AMOUNT OF GOLD STANDING FOR JULY

from Harvey Organ:
HUGE AMOUNT OF SILVER STANDING IN JULY AS WELL/BREXIT VOTE THURSDAY AND MOMENTUM SWINGS TO THE LEAVE SIDE/WE NOW KNOW SHY THE BOOKIES FAVOUR THE REMAIN SIDE!/BALANCE SHEET OF THE ECB IS NOW AT RECORD HIGHS/HUGE AMOUNTS OF GOLD ARE ENTERING ENGLAND FROM SWITZERLAND FOR THE 2ND STRAIGHT MONTH/ENGLAND IS DEVOID OF GOLD!!
The June gold contract is an active contract. Last night we had a good sized 175 notices filed last night, for 17,500 oz to be served upon today. The total number of notices filed in the first 15 days is enormous at 15,395 for 1,539,500 oz. (47.884 tonnes)
ii) in silver we had 0 notices filed for nil oz.. Total number of notices served in the 15 days: 489 for 2,445,000 oz
Let us have a look at the data for Wednesday, June 22.
Read More @ Harveyorganblog.com

UK and Europe Face Mutual Assured Destruction if They Botch Brexit

by Ambrose Evans-Pritchard, The Telegraph:
Saudi Arabia faces a vicious liquidity squeeze as Whatever the result of Britain’s referendum on the EU we can be sure of one thing: there will not be a global financial crisis the next day.
Nothing dreadful will suddenly happen. The US Federal Reserve, the European Central Bank, the Bank of Japan, and the Olympian fraternity of money printers will stand with the Bank of England, ready to flood the international system with liquidity.
The central banks have had months to prepare, and they have prepared. Currency swap facilities are in place to cover the dollar funding needs of UK-based banks, and many of these are well-insulated branches of American, European, Asian, and Mid-East banks in any case.
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Disband the Fed: The Most Accurate Statement Yellen Could Make

from The Daily Bell:
Fed’s Yellen: US economy faces ‘considerable uncertainty’ … Federal Reserve Board Chairwoman Janet Yellen testifies before the Senate Banking, Housing and Urban Affairs Committee on June 21, 2016 in Washington on June 21, 2016 … Federal Reserve Chair Janet Yellen warned Tuesday that the US economy faces “considerable uncertainty” from slower domestic activity and from a possible British vote to break with the European Union. -Yahoo
Here’s a question: Why is the Senate listening to Janet Yellen about the economy?
It’s like the blind leading the blind.
The Senate has no idea what’s going on with the economy.
Neither does Yellen.
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Trump Appeals to Sanders Supporters and Lands First Real Punch Against Clinton

from Liberty Blitzkrieg:
Donald Trump has been running around like a total clown over the past month or so. Meeting with war criminal Henry Kissinger, vowing to debate Bernie Sanders in California and then running away like a scared child…his damaging month ultimately culminated in a mindless attack against a federal judge based on his ethnicity. The past four weeks have represented a series of foolish missteps that hurt his campaign greatly.
Fortunately for him, it’s still very early days, and he happens to be running against one of the least liked, most corrupt human beings to ever creep around planet earth. It seems someone finally talked some sense into him, as his speech today was powerful and effective. He finally landed punches all over Hillary Clinton, while at the same time appealing to disenfranchised Bernie Sanders supporters.
Read More…

The Roots of Today’s Tyranny: Total Information Awareness

by Derrick Broze, Activist Post:
To understand the roots of the oppression, erosion of liberties, and invasion of privacy that has become the new norm for Americans, we must go back to the days following the terror attacks of September 11, 2001.
Immediately following the attacks of September 11, 2001, President George W. Bush was promising Americans that he would exact revenge on those who dare attack the empire. Dubya’s program of “Shock and Awe” gave the American public an upfront look at what the U.S. military was prepared to do to the enemies of “freedom and democracy.” The bombing of Iraq was only the beginning of a larger conflict that the Bush Administration dubbed “The Global War on Terror.”
The War on Terror did not end in the physical battlefield, however. The U.S. government was determined to root out all possible terrorist activity and in the process roll back as many of America’s hard-earned liberties as possible. Only 45 days after the 9/11 attacks, the U.S. Congress passed the infamous USA PATRIOT Act, typically known as simply the Patriot Act. The full Orwellian title is the “Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001.”
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Panic! Brits Feverishly Buy Foreign Currency on Eve of Brexit Vote: “Pound Would Decline Precipitously”

by Mac Slavo, SHTFPlan:
Fear and mass panic are known to among the most dangerous threats we face…
And absolute chaos could ensue for currency markets, if the warnings hold true.
Tomorrow is the much feared Brexit vote, and on the eve of such a momentous referendum that could lead to the dissolution of the European Union, there is a great deal of worry as investors feverishly exchanged ‘safe’ currency in case of a destabilization of the British pound or the Euro.
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