Bremain Bounce Fades As "Biblical" Flooding Disrupts Vote
Britain Votes: All You Need To Know About Today's Brexit Referendum And What To Look For
Bad News For Hillary: Huge Percentage Of Bernie Supporters Won’t Vote For Her
Gundlach Will Sell European Stocks Into "Remain" Pop; Bashes SolarCity Deal
Fed's National Activity Index Plunges In May
Hawkish Fed Looms As Initial Jobless Claims Plunge Near 42 Year Lows
Democrat "Gun Control" Sit-In Continues Into Its Second Day On House Floor
As Of This Moment, Barclays Is Not Accepting FX Stop Loss Orders
Robots To Pay "Social Security" Under EU Tax Proposal
Today’s Trading Is All About Blinking First
Spain's Rajoy Implicated In Smear Allegations Just Days Before Elections
British Discontent About The EU: Only A Precursor To Unrest On The Continent
Meanwhile In London, A Stunning Scene Emerges
Where Are The Jobs?
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.
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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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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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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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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.
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.
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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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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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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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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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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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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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
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
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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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.
Read More
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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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.
Read More
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…
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…
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.”
Read More
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.”
Read More
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.
Read More
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.
Read More
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