from Gold Core:
Gold and silver are the best performing assets in H1, 2016 and saw gains of 26% and 38% respectively. They were the best performing assets prior to Brexit and they are the best performing assets since Brexit. Gold and silver are up 6% and 11% respectively since the seismic Brexit vote led to turmoil on global markets.
Global stocks had a torrid first half with European and Asian stocks coming under severe selling pressure. The Euro Stoxx 50 fell 10.4%. The Nikkei was down a whopping 17%, while the Shanghai A shares was down by even more – nearly 20 percent.
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Gold and silver are the best performing assets in H1, 2016 and saw gains of 26% and 38% respectively. They were the best performing assets prior to Brexit and they are the best performing assets since Brexit. Gold and silver are up 6% and 11% respectively since the seismic Brexit vote led to turmoil on global markets.
Global stocks had a torrid first half with European and Asian stocks coming under severe selling pressure. The Euro Stoxx 50 fell 10.4%. The Nikkei was down a whopping 17%, while the Shanghai A shares was down by even more – nearly 20 percent.
Read More
Precious Metal Pandemonium - Silver Spikes Limit-Up, Gold Surges As China FX Basket Hits Record Low
by Michael Covel, DailyReckoning:
Look, up in the sky! It’s a bird! It’s a plane! No, it’s… it’s… Janet Yellen in a helicopter with bags of cash.
No kidding. That’s the Fed’s plan when the next recession hits. The Fed’s Dear Leader coming to the rescue with airdrops of free cash for everyone. What could possibly go wrong?
At a recent press conference, Federal Reserve Chairwoman Yellen admitted that the Fed would consider using “helicopter money” in an extreme downturn. What’s “helicopter money”?
It’s a phrase used to describe when governments print massive sums of money and then “drop” them on the economy… hoping for the best. Sound insane? It is.
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Look, up in the sky! It’s a bird! It’s a plane! No, it’s… it’s… Janet Yellen in a helicopter with bags of cash.
No kidding. That’s the Fed’s plan when the next recession hits. The Fed’s Dear Leader coming to the rescue with airdrops of free cash for everyone. What could possibly go wrong?
At a recent press conference, Federal Reserve Chairwoman Yellen admitted that the Fed would consider using “helicopter money” in an extreme downturn. What’s “helicopter money”?
It’s a phrase used to describe when governments print massive sums of money and then “drop” them on the economy… hoping for the best. Sound insane? It is.
Read More
Old Men Start Wars, Young Men Die In Them
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from The Money GPS:
from RT:
The president of the Czech Republic, Milos Zeman, has called for a referendum on his country’s membership in the EU and NATO. Although Zeman wants to remain in both organizations, he wants the public to have a chance to “express themselves.”
Support for the EU is waning in the central European country. In April, a poll conducted by the CVVM institute showed that just 25 percent of the population is satisfied with their membership in the bloc, as cited by Reuters. Twelve months earlier, that figure had stood at 32 percent.
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The president of the Czech Republic, Milos Zeman, has called for a referendum on his country’s membership in the EU and NATO. Although Zeman wants to remain in both organizations, he wants the public to have a chance to “express themselves.”
Support for the EU is waning in the central European country. In April, a poll conducted by the CVVM institute showed that just 25 percent of the population is satisfied with their membership in the bloc, as cited by Reuters. Twelve months earlier, that figure had stood at 32 percent.
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from Gregory Mannarino:
by David Stockman, David Stockman’s Contra Corner:
The Eccles Building trotted out Vice-Chairman Stanley Fischer this morning. Apparently his task was to explain to any headline reading algos still tracking bubblevision that things are looking up for the US economy again and that Brexit won’t hurt much on the domestic front. As he told his fawning CNBC hostess:
“First of all, the U.S. economy since the very bad data we got in May on employment has done pretty well. Most of the incoming data looked good,” Fischer said. “Now, you can’t make a whole story out of a month and a half of data, but this is looking better than a tad before.”
You might expect something that risible from Janet Yellen——she’s just plain lost in her 50-year old Keynesian time warp. But Stanley Fischer presumably knows better, and that’s the real reason to get out of the casino.
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The Eccles Building trotted out Vice-Chairman Stanley Fischer this morning. Apparently his task was to explain to any headline reading algos still tracking bubblevision that things are looking up for the US economy again and that Brexit won’t hurt much on the domestic front. As he told his fawning CNBC hostess:
“First of all, the U.S. economy since the very bad data we got in May on employment has done pretty well. Most of the incoming data looked good,” Fischer said. “Now, you can’t make a whole story out of a month and a half of data, but this is looking better than a tad before.”
You might expect something that risible from Janet Yellen——she’s just plain lost in her 50-year old Keynesian time warp. But Stanley Fischer presumably knows better, and that’s the real reason to get out of the casino.
Read More
from The Sleuth Journal:
This is absolutely disgusting to read about. When a radiation leak happens in Japan the whole world hears about it, but when not one but two radiation leaks happen in the United States no one does. There are radiation leak reports in Miami and New York, why is no one talking about it?
With a little digging, it’s not hard to find multiple sites around the U.S. which have been reported to leak, but since our grossly corrupt mainstream media doesn’t cover “real” news, and instead only acts as the propaganda arm for the Democrat Party, Americans remain clueless about many things they have every right to expect the media to report on. The following article and videos focus on the nuclear facilities located at Indian Point, which is just upriver from NYC, and the Turkey Point Nuclear Generating Station which sits adjacent to Biscayne National Park, Florida.
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This is absolutely disgusting to read about. When a radiation leak happens in Japan the whole world hears about it, but when not one but two radiation leaks happen in the United States no one does. There are radiation leak reports in Miami and New York, why is no one talking about it?
With a little digging, it’s not hard to find multiple sites around the U.S. which have been reported to leak, but since our grossly corrupt mainstream media doesn’t cover “real” news, and instead only acts as the propaganda arm for the Democrat Party, Americans remain clueless about many things they have every right to expect the media to report on. The following article and videos focus on the nuclear facilities located at Indian Point, which is just upriver from NYC, and the Turkey Point Nuclear Generating Station which sits adjacent to Biscayne National Park, Florida.
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from BBC:
Former prime minister Tony Blair has said “we should keep our options open” on the UK leaving the European Union.
He told the BBC the 48% who had voted to Remain felt “disenfranchised” and it was not clear “what we are moving to”.
He said that “if the will of the people shifts” as details of what Brexit means for the country begin to emerge, then, “Why shouldn’t we recognise that?”
Prime Minister David Cameron and Labour Leader Jeremy Corbyn have both ruled out a second EU referendum.
When asked on Radio 4’s The World This Weekend whether “keeping our options open” meant a second EU referendum, Mr Blair replied: “It means whatever we decide it should mean as we see how this debate develops.”
But he said the case for leaving the EU had “crumbled”.
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Former prime minister Tony Blair has said “we should keep our options open” on the UK leaving the European Union.
He told the BBC the 48% who had voted to Remain felt “disenfranchised” and it was not clear “what we are moving to”.
He said that “if the will of the people shifts” as details of what Brexit means for the country begin to emerge, then, “Why shouldn’t we recognise that?”
Prime Minister David Cameron and Labour Leader Jeremy Corbyn have both ruled out a second EU referendum.
When asked on Radio 4’s The World This Weekend whether “keeping our options open” meant a second EU referendum, Mr Blair replied: “It means whatever we decide it should mean as we see how this debate develops.”
But he said the case for leaving the EU had “crumbled”.
Read More
by Joshua Krause, Ready Nutrition:
One of the most frightening scenarios that anyone in the modern world could face, is a global food shortage. It’s one thing when just the country you live in faces a food shortage. That situation can have horrific consequences, as the citizens of Venezuela have learned recently. However, a global food crisis means that there is nowhere to run to. You can’t flee your home and become a refugee in a foreign land, and you can’t expect any other nation to send you aid.
All that’s left to do is endure for as long as you can, with whatever food you have stocked up and whatever rations the government can provide. Your absolute best case scenario involves living on a self-sufficient property, and very few people have that. And the people who are living self-sufficiently would have to live with the fear of being raided by hungry looters or an opportunistic government.
And that government by the way, may be your biggest concern during a crisis, because governments are typically only interested in their own self-preservation. The safety and prosperity of their citizens is a secondary concern. How your government reacts to the crisis could mean life or death for your family.
Read More
One of the most frightening scenarios that anyone in the modern world could face, is a global food shortage. It’s one thing when just the country you live in faces a food shortage. That situation can have horrific consequences, as the citizens of Venezuela have learned recently. However, a global food crisis means that there is nowhere to run to. You can’t flee your home and become a refugee in a foreign land, and you can’t expect any other nation to send you aid.
All that’s left to do is endure for as long as you can, with whatever food you have stocked up and whatever rations the government can provide. Your absolute best case scenario involves living on a self-sufficient property, and very few people have that. And the people who are living self-sufficiently would have to live with the fear of being raided by hungry looters or an opportunistic government.
And that government by the way, may be your biggest concern during a crisis, because governments are typically only interested in their own self-preservation. The safety and prosperity of their citizens is a secondary concern. How your government reacts to the crisis could mean life or death for your family.
Read More
from The Daily Bell:
The president of France has launched a scathing attack on Republican candidate Donald Trump, saying relations between the US and Europe would be complicated if the New York tycoon wins the White House. In comments that were surprisingly outspoken for a sitting head of state about another country’s political candidate, François Hollande urged Democrats to work to ensure the victory of Hillary Clinton. –UK Independent
The Brexit Vote and Hillary’s troubles are being broadcast by the mainstream media, which surely means they are thematic elements of a larger narrative.
Usually, in this modern era, reality is exactly the opposite of what’s taking place.
Let’s look at the Brexit first.
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The president of France has launched a scathing attack on Republican candidate Donald Trump, saying relations between the US and Europe would be complicated if the New York tycoon wins the White House. In comments that were surprisingly outspoken for a sitting head of state about another country’s political candidate, François Hollande urged Democrats to work to ensure the victory of Hillary Clinton. –UK Independent
The Brexit Vote and Hillary’s troubles are being broadcast by the mainstream media, which surely means they are thematic elements of a larger narrative.
Usually, in this modern era, reality is exactly the opposite of what’s taking place.
Let’s look at the Brexit first.
Read More
Chuck Todd To Hillary: "Were You Given An Indication That No FBI Charges Will Be Filed Against You?"
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