Wednesday, June 22, 2016

Why The Just Released YouGov Poll May Have Sealed The Outcome Of The UK Referendum



Moments ago, when the latest YouGov poll came out and showed a modest lead of 51% to 49% for Remain (up from 44% for Leave and 42% for Remain as of June 19), it may have effectively sealed the fact of the Brexit referendum. Here is the reason why.

NATO General Admits Russia Is Not A Threat To The Region

Over the course of the past few months, the United States has pushed NATO to build up troops on Russia's border, held war games in its backyard, and deployed aircraft carriers to the Mediterranean. The rationale for such actions has always been very vaguely communicated, but as NATO European Command General  Philip Breedlove said, it has all been to send a signal of deterrence to Russia. However, the reality is that, according to General Petr Pavel, chairman of the NATO Military Committee, there is no intelligence that suggests Russia is planning any broad-scale aggression whatsoever.

MY FINAL PRE-BREXIT THOUGHTS

by Andy Hoffman, Miles Franklin:
It’s Wednesday, the day before what could – but as of now, is not expected to be – the most violently anti-establishment election in global history. Which, if it in fact comes to pass, will shake up the global political, social, and monetary order like nothing ever before it. Amidst a sea of propaganda (like the “importance” of Jo Cox’s murder); lies; and market manipulation, there’s no telling what Britons will actually do – particularly as seemingly each hour, new statistically insignificant polls claim dramatic changes in “sentiment.” Moreover, the Ladbroke’s “odds” of a BrExit vote have been longshots. However, the amount of money “bet” on the event is infinitesimal; and thus, could be easily “altered” by those trying to influence sentiment.
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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."

Obama Administration Launches Probe Into Trump Hotel Workers' Wages


We are sure it is just a coincidence; but, as Politico reports, Hillary-endorsing President Obama's Labor Department has just unveiled a probe into workers' wages at GOP Presidential nominee Donald Trump's DC Hotel...

Pound Spikes After Two Latest Brexit Polls Show Remain In Lead, JPM Poll Finds "Small Lead For Remain"


After a subdued close, moments ago sterling jumped above 1.47 again, following first an internal Brexit poll tracker from JPM according to which it found a "small lead for remain", and then two polls, one from ComRes and one from YouGov, both of which showed a modest lead for Remain.

Hillary Clinton's IT Aide Pleads The Fifth Over 125 Times


Brian Pagliano, the man believed to have set up and maintained the private server in the basement of then-Secretary of State Hillary Clinton’s New York home invoked his Fifth Amendment rights against self-incrimination more than 125 times during a deposition as part of a civil court case on Wednesday.

Online Gun Store Sells 30,000 AR-15s In Week After Orlando


"Shootings don't push up gun sales. It's when the government starts talking about banning particular guns and up go gun sales. When people lose their right to buy a particular gun or a particular type of gun, they go after them and they want them then."

Something Strange Emerges When Looking Behind The "Brexit" Bookie Odds


When one looks at the actual dynamics within the bookies, an odd divergence emerges: "Although Ladbrokes has received a higher volume of bets to leave the EU, those making a punt on remain were placing higher financially larger" - the average stake on a bet to remain was £450, compared to £75 on a bet to leave."

Hedges Soar, Markets Snore As Traders Brace For Big Brexit Day


Artist's Impression Of The Crooked House Of Clinton


Presented with no comment...

"It's An Alice In Wonderland World" - GRI Warns "Debt Is Being Piled Upon Debt Being Piled Upon Debt"


"There’s debt being piled upon debt being piled upon debt... and no one knows what will really happen...they do not seem to have a way out in my view, so it’s quite a broken situation."

Desperate Sellers Resort To Dramatic Price Cuts In Manhattan's Luxury Real Estate Market


"There's some crazy stuff going on in New York..."  We are now seeing more evidence that the only way luxury homes are moving on the island is if the seller offers dramatic price cuts.

UK Banks Told To Model Capital Controls, Bank Runs, 20% Devaluation


"With the encouragement of regulators, some lenders, including HSBC, have even run modelling for the imposition of capital controls, according to people briefed on the exercise. Banks said regulators had demanded a stress test that modelled for a 20 per cent fall in sterling."

German Government Agrees "Indefinite" Ban On Fracking


France has banned fracking, while the United Kingdom has gone back and forth over the issue' and now the German government has agreed to ban fracking for shale gas for an indefinite period...

Is Soros Wrong?


"There is an argument that a Brexit might look similar to the aftermath of sterling?s ignominious exit from the ERM on ?Black Wednesday? 16 September 1992. In a current environment where central banks and governments have failed to generate a strong enough economic recovery to normalise interest rates amid persistent deflationary pressures, one would have thought a substantial decline in one?s currency would be welcomed ?- for that is one way to inject a modicum of inflation back into the economic system."

ALERT: Central Banks Are Directly Buying Stocks Using DARK POOLS. By Gregory Mannarino

from Gregory Mannarino:



How to Survive a Personal Economic Collapse

by Daisy Luther, The Organic Prepper:
With all that is being written about the economic collapses of nations around the globe, people in America seem to be waiting for some huge event.
But what if it isn’t a huge event like a stock market crash or a currency collapse that you actually need to be concerned about? What if our disaster starts out looking nothing like the economic crises in Argentina, Venezuela or Greece? What if the real financial disaster in the future is more personal? What, if that financial disaster has already happened?
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THE FED’S CREDIBILITY GAP GOES MAIN STREAM

by Louis Cammarosano, Smaulgld:
Politicians, The Media and Fed Members Themselves Begin To Question The Fed, its Policies and Credibility
For years Ron Paul was the lone voice crying in the wilderness against the inanity of Federal Reserve monetary policy and the Fed itself. Congressman’s Paul’s exchanges with Fed Chairman Ben Bernanke were classic. Since Mr. Paul retired from Congress in 2013, Fed policy has been as confused as ever. But until recently has gone unquestioned.
Those in the precious metals and libertarian communities have ridiculed the Fed for years. The rest of the world, however, has treated the Fed and Fed Chair Janet Yellen as some sort of economic and financial oracles. As the U.S. and global economies stagnate, despite massive Fed stimulus and zero and near zero interest rates for nearly a decade, patience is starting to wear thin in mainstream quarters.
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Netanyahu’s Former Advisor Named ‘Head of Policy and Communications’ at Facebook

from Hang The Bankers:
Jordana Cutler, who is currently the Chief of Staff at the Israeli embassy in Washington DC, and a longtime adviser to Israeli Prime Minister Benjamin Netanyahu, has been named as head of policy and communications at Facebook’s Israel office.
To see Facebook’s new Head of Policy and Communications clearly Israeli skewed bias and zionist views, check out her twitter here.
The appointment comes amidst growing Israeli government frenzy concerning incitement allegations and BDS, the global non-violent movement against the Israeli occupation of Palestine, whose often viral presence online exposes Israeli human rights violations.
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NY Fed Warns about Booming Subprime Mortgages, now Insured by the Government

by Wolf Richter, Wolf Street:
“Astronomical” default rates and losses.
The New York Fed just warned about the ticking mortgage subprime time bombs once again being amassed, and what happens to them when home prices decline. But unlike during the last housing bust, a large portion of these time bombs are now guaranteed by the government.
Subprime mortgages are what everyone still remembers about the Financial Crisis. They blew up has home prices fell. Folks who thought they were “owners with equity” found out that they were just “renters with debt.”
And they dealt with it the best they could: forget the debt and the rent and stay until kicked out. Cumulative default rates on subprime mortgages spiked to 25% in 2007, according to the report. Banks ended up with the properties and collapsed. Mortgage backed securities based on these subprime mortgages imploded. Bond funds that held them imploded. All kinds of fireworks began. While subprime mortgages didn’t cause the Financial Crisis by themselves, they were an essential cog in a crazy machinery.
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BREAKING NEWS: Jordan Declares Border with Syria “Military Operations Zone” Troops Massing

from SuperStation95:
In a very serious development, the government of Jordan has declared its entire border with Syria to be a “military operations zone” and large numbers of Jordanian and American troops are moving toward the border. This is the clearest sign yet that a decision has been made by the United States to move against the government of Syrian President Bashar Assad, to overthrow him by force.
Over the weekend, Russia was advised of the US decision and Russia explicitly told the United States that “Syria is an ally of Russia. Russia will defend Syria. Any entity which attacks Syria will be engaged and destroyed by Russian forces.”
The battle lines have been drawn:
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The Economy Is Tanking – Inflation/Obamacare Attacking The Middle Class

by Dave Kranzler, Investment Research Dynamics:
The economic reports continue to show an overall rate of deterioration in economic activity down to levels – in general – comparable with the 2008-2010 period. Freight transportation activity is part of the “nerve center” of the economic system. The latest data from Cass shows a rapid decline in both freight shipments and expenditures that began in mid-2014:
Although shipments ticked up from April to May 1.3% – attributable to seasonality – year over year shipments for May dropped nearly 6%:
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