by Mac Slavo, Activist Post:
In perfect order out of chaos fashion, the elite are now showing their hand.
Problem. Reaction. Solution.
What will come out of the vote for Britain to leave the European Union, and who will benefit from it?
There is considerable reason to think that it will be the very billionaire elite class who created the EU in the first place.
If the push for Brexit was fueled by the European anger against unlimited migration and its side effects of extreme culture clash, terrorism and sensational incidents of rape, then it was the very crisis that the likes of the Davos elite, and in particular, the Bilderberg elite having been playing upon.
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In perfect order out of chaos fashion, the elite are now showing their hand.
Problem. Reaction. Solution.
What will come out of the vote for Britain to leave the European Union, and who will benefit from it?
There is considerable reason to think that it will be the very billionaire elite class who created the EU in the first place.
If the push for Brexit was fueled by the European anger against unlimited migration and its side effects of extreme culture clash, terrorism and sensational incidents of rape, then it was the very crisis that the likes of the Davos elite, and in particular, the Bilderberg elite having been playing upon.
Read More
All Eyes Now Turn To FBI Director Jim Comey In Clinton Investigation
Hillary Cracks, Gives FBI A "Voluntary" Three Hour Interview Over Private Email Server
Kyle Bass Shares The "Stunning" Thing A Central Banker Once Told Him
CLSA Reminds Everyone: The Economy Was Struggling Long Before Brexit
"Off The Rails" - What Slumping Rail Traffic Tells Us About The U.S. Economy
Thousands Of Anti-Brexit Protesters Hit London Streets - Live Feed
Something "Unexpected" Happened After Starbucks Raised Minimum Wages
Hacked Emails Confirm NATO Push To Provoke, Escalate Conflict With Russia
Caught On Tape: CNN Anchor Humiliates Herself Over Brexit Bias
On Monday, June 20, 2016, I stood in the London Eye Ferris wheel. I was just across the Thames from the UK Houses of Parliament, standing with a film crew to record an urgent warning. I said that the Brexit vote, coming just three days later on June 23, could produce a financial earthquake.
I recommended the exact strategies to avoid losses and to profit from the catastrophe to come. These strategies included shorting sterling, buying gold, and increasing cash allocations so our readers could “go shopping among the ruins.”
As a result, my readers were prepared for what happened — unlike the elites and so-called “smart money” who were totally unprepared.
I wish that were the end of it, but it’s not. New earthquakes are coming soon as part of the Brexit aftershocks.
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by Michael Krieger, Liberty Blitzkrieg:
Meet retired U.S. Air Force General Philip Breedlove. A man who back in 2014 relentlessly tried to get Obama to start what would have been World War 3 with Russia.
The Intercept reports:
Retired U.S. Air Force Gen. Philip Breedlove, until recently the supreme commander of NATO forces in Europe, plotted in private to overcome President Barack Obama’s reluctance to escalate military tensions with Russia over the war in Ukraine in 2014, according to apparently hacked emails from Breedlove’s Gmail account that were posted on a new website called DC Leaks.
Obama defied political pressure from hawks in Congress and the military to provide lethal assistance to the Ukrainian government, fearing that doing so would increase the bloodshed and provide Russian President Vladimir Putin with the justification for deeper incursions into the country.
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Meet retired U.S. Air Force General Philip Breedlove. A man who back in 2014 relentlessly tried to get Obama to start what would have been World War 3 with Russia.
The Intercept reports:
Retired U.S. Air Force Gen. Philip Breedlove, until recently the supreme commander of NATO forces in Europe, plotted in private to overcome President Barack Obama’s reluctance to escalate military tensions with Russia over the war in Ukraine in 2014, according to apparently hacked emails from Breedlove’s Gmail account that were posted on a new website called DC Leaks.
Obama defied political pressure from hawks in Congress and the military to provide lethal assistance to the Ukrainian government, fearing that doing so would increase the bloodshed and provide Russian President Vladimir Putin with the justification for deeper incursions into the country.
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from X22Report:
Greece loses 244,000 businesses while the EU puts them into debt. Moody’s lowers outlook for US retailers. US ISM manufacturing surges and construction spending declines. Italy gets a bail-out instead of using the bail-in system. The UK might push for another referendum which will not allow the UK to leave the EU. George Soros wants a stronger more powerful EU. Obama pushing for a one world government and a global economy, says the UK is trying to escape. Health care is rising.
Greece loses 244,000 businesses while the EU puts them into debt. Moody’s lowers outlook for US retailers. US ISM manufacturing surges and construction spending declines. Italy gets a bail-out instead of using the bail-in system. The UK might push for another referendum which will not allow the UK to leave the EU. George Soros wants a stronger more powerful EU. Obama pushing for a one world government and a global economy, says the UK is trying to escape. Health care is rising.
by Greg Guenthner, Daily Reckoning:
After a painful downtrend, silver has embarked on an unstoppable rally.
Now that its 5-year bear market is officially over, silver’s ready to make a run at $20 for the first time in nearly two years. That means double-digits gains are in the cards for one of your best performing silver mining trades.
I’ll reveal all the details in just minute. But first, let’s take a quick look at how precious metals have quickly become one of the best trades of the year…
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After a painful downtrend, silver has embarked on an unstoppable rally.
Now that its 5-year bear market is officially over, silver’s ready to make a run at $20 for the first time in nearly two years. That means double-digits gains are in the cards for one of your best performing silver mining trades.
I’ll reveal all the details in just minute. But first, let’s take a quick look at how precious metals have quickly become one of the best trades of the year…
Read More
from Harvey Organ:
FRONT MONTH OF JULY SEES AMOUNT OF GOLD STANDING RISING TO 15.50 TONNES/ANOTHER ITALIAN BANK IS SENT TO THE MORGUE AS ITALY SCRAMBLES TO SAVE ITS BANKING SYSTEM
For the July gold contract month, we had a huge 3000 notices served upon for 300,000 ounces (9,33 tonnes)
In silver we had 0 notices served upon for nil oz
Thursday, the big news was the fact that silver broke its last resistance line at $18.50 and then it immediately shot up to $18.78. The bankers must be terrified as they are massively short and they had no time to cover their comex short contracts. Friday comex silver finished at 19.54, at its zenith hitting $19.89. I just cannot wait until I see the OI numbers (for gold/silver) on Tuesday for today’s trading!
Read More @ Harveyorganblog.com
In silver we had 0 notices served upon for nil oz
Thursday, the big news was the fact that silver broke its last resistance line at $18.50 and then it immediately shot up to $18.78. The bankers must be terrified as they are massively short and they had no time to cover their comex short contracts. Friday comex silver finished at 19.54, at its zenith hitting $19.89. I just cannot wait until I see the OI numbers (for gold/silver) on Tuesday for today’s trading!
Read More @ Harveyorganblog.com
by Wolf Richter, Wolf Street:
Honeymoon already over? Bad breath of reality next?
If you bought the crappiest bonds on February 10, you’ve made a killing unless the company defaulted, in which case you got killed, and a lot of companies defaulted. But so much money poured into junk bonds that prices soared and yields plunged even for the riskiest near-default issues.
At the riskiest end, junk bonds rated CCC and lower, with D being default, the average yield, as per BofA Merrill Lynch High Yield index, plunged from over 21% on February 10 to 15% at the close yesterday. And bond prices skyrocketed. The BofA Merrill Lynch total return index for CCC and lower rated bonds soared 30% over the period:
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Honeymoon already over? Bad breath of reality next?
If you bought the crappiest bonds on February 10, you’ve made a killing unless the company defaulted, in which case you got killed, and a lot of companies defaulted. But so much money poured into junk bonds that prices soared and yields plunged even for the riskiest near-default issues.
At the riskiest end, junk bonds rated CCC and lower, with D being default, the average yield, as per BofA Merrill Lynch High Yield index, plunged from over 21% on February 10 to 15% at the close yesterday. And bond prices skyrocketed. The BofA Merrill Lynch total return index for CCC and lower rated bonds soared 30% over the period:
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