Courtesy of John Rubino.
China’s economy slows further. Deutsche Bank scares everyone. UK in turmoil post-Brexit as Labour votes to oust leader and Boris Johnson drops out of PM race. Stocks recover worldwide as Brexit fears wane. Interest rates continue to fall while central banks consider deeper cuts. Greenspan and Soros warn of major crisis. Gold and silver rise, COTs are “over the top.” Clinton campaigns with Warren, fueling VP speculation.
Best Of The Web
Explaining social anger, Brexit, Donald Trump in one chart – Mish
In gold we trust 2016 – Incrementum AG
The reaction to Brexit is the reason Brexit happened – RollingStone
‘Brexit’ locking in forces that already haunt the global economy – New York Times
In the wake of Brexit – Seeking Alpha
Majority mad as hell – Credit Bubble Bulletin
The sky has not fallen after Brexit – Telegraph
Brexit & the fourth turning – Burning Platform
Brexit = death of the technocrats – Liberty Blitzkrieg
Brexit: The system cannot hold – Automatic Earth
Look to the 1980s for the key to 2016 success – Seeking Alpha
The European Union: Government by deception – Automatic Earth
Imagine – Hussman Funds
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Breaking News
The Economy
7/01 Puerto Rico set to register largest default to date – CNBC
7/01 China June PMIs fall to 4-month low – CNBC
7/01 Japan’s GPIF had portfolio losses of over $50 billion last fiscal year – CNBC
7/01 Surviving in a post-Brexit world – Economy And Markets
7/01 Italy granted “extraordinary” €150BN bank bailout program – Zero Hedge
7/01 The new narrative for earnings: blame Brexit – Zero Hedge
6/30 There are now $11.7 trillion worth of bonds with negative yields – CNBC
6/30 Peter Schiff on Brexit’s impact on the Fed, gold and silver – Financial Post
6/30 World out of whack! (Let June be over already) – Capitalist Exploits
6/30 Brexit exposing fault lines within the EU – FRP
6/30 “Deutsche Bank poses the greatest threat to the global financial system” – Zero Hedge
6/30 Why the days of the financial elite’s rule are numbered – Zero Hedge
6/29 Consumer spending points to stronger 2Q GDP – MarketWatch
6/29 Stocks recover half of Brexit losses with Dow up triple digits – CNBC
6/29 Greenspan warns a crisis is imminent, urges return to gold standard – Zero Hedge
6/29 Sovereign debt – what could go wrong? – Deviant Investor
6/29 Debt rattle – Automatic Earth
Precious Metals
7/01 Cheap gold mines disappear as buyers splurge for surging bullion – GATA
7/01 The prospects for money – GoldMoney
7/01 gold’s final warning of impending monetary collapse – Seeking Alpha
6/30 Is smart money moving to gold? – Market Realist
6/30 Chart: Gold could be set for a strong breakout – CNBC
6/30 Faber: Own gold, prepare for QE4 as easing follows Brexit – Bloomberg
6/30 Gold, platinum, and silver speak to us – Gold And Liberty
6/30 Why gold should thrive in post-Brexit-low-interest-rate scenario – Market Realist
6/30 Marc Faber: Gold ‘is my preferred currency’ – Kitco
6/30 Post Brexit, banks around the world ponder opening the money traps – Daily Bell
6/30 US dollar & gold attractive with jumpy markets – GoldAndOilGuy
6/29 Gold up as dollar eases, silver outperforms – Bullion Desk
6/29 Gold pauses at key resistance – 321Gold
6/29 AngloGold plans to buy back $475 million of high-yield bonds – Bloomberg
6/29 The true nature of gold is liberty – SafeHaven
6/29 The true value of gold, if you are rich – Investopedia
6/29 Silver Wildcats part 4 – a murder of crows – Silver Coin Investor
6/28 Investors look for a safe haven; either the dollar or gold could surge – Daily Bell
6/28 Dr. Keith Barron on helicopter drops, gold, and Brexit – Financial Sense
6/28 Bitcoin vs. gold: which does better in a crisis? – Vocativ
Inflation, Deflation, Currency War, Cryptocurrencies
7/01 British bonds go negative as Bank of England plans more money creation – GATA
7/01 BOJ may act on lower May CPI, flat business sentiment – CNBC
7/01 The European Union is ‘doomed to fail’ – CNBC
7/01 Everything you need to know about bitcoin ‘halving’ event – Quartz
7/01 Why smartphone wallets are insecure, and how to protect your bitcoin – CoinTelegraph
6/30 Japan feedback loop seen turning all sovereign yields negative – Bloomberg
6/30 The last frontier for US interest rates: negative – Financial Review
6/30 German consumer price inflation goes up in June – The Street
6/30 Latin American currencies surge most since 2008 amid rate allure – Bloomberg
6/30 Is a global currency war ahead? – Fox Business
Real Estate Bubble
7/01 Why Brexit is great news for U.S. homebuyers – CNN
6/29 Pending home sales skid in May – MarketWatch
6/27 Why Brexit will produce record low mortgage rates – Our Broker
6/23 Vancouver proposes tax on empty homes if province fails to act – Bloomberg
6/23 Why a 30-year home mortgage may leave you house poor – MarketWatch
6/23 New home sales decline 6% to 551,000 annual pace – MarketWatch
DollarCollapse Podcasts
6/25 The deeper meaning of Brexit
6/08 Gold Will Soar, Marijuana Will Be Legal
5/23 Hard times for obsolete entities
5/14 Chaos spreads to US retailers and Italian banks
5/04 Easy money has failed; what’s next?
4/27 Okay, I’ll say it: run for the hills
4/21 Corporate earnings (among other things) go from bad to horrendous
4/13 A potentially brutal earnings season kicks off
4/06 The end of privacy = risk off and soaring gold
3/30 The inevitable is now imminent
Politics
7/01 Marine Le Pen prepares for a “Frexit” – New Yorker
7/01 Poland calls for Juncker to quit as nations fume EU has too much power – Express
7/01 Bill Clinton holds ‘private’ meeting with Loretta Lynch – Zero Hedge
7/01 Explaining the latest chaos in UK politics – Zero Hedge
7/01 What Bernie Sanders still wants – Fortune
7/01 Bernie Sanders issues a stern warning – Salon
7/01 UKIP mega-donor plans new political party… without Nigel Farage – RT
6/30 Clinton and Trump are deadlocked, poll shows – NY Times
6/30 Here we go again: Nate Silver says “79% chance Clinton wins” – Mish
Offshore Investing
6/29 Anarchy in the UK? What Brexit means for you – Nestmann
6/21 International trusts – International Man
6/20 Save the hostage and the ransom – International Man
6/08 Get this second passport before the price goes up – Nestmann
Clean Tech
7/01 US regulators investigating Tesla over system linked to fatal crash – CNBC
7/01 India to get over $1bn from World Bank for solar goals – Economic Times
7/01 US’s first public solar road will roll out on Route 66 – Curbed
7/01 Why this new stock could give SolarCity a run for its money – The Street
7/01 SolarCity explores the impact of its 8 million installed solar panels – Clean Technica
7/01 How utilities are fighting back on solar power – Consumer Reports
7/01 Zombie stocks brought back to life by lithium boom – Oil Price
6/30 ‘Three Amigos’ set new 2025 target for clean energy – Wind Power
6/30 ‘Tesla Solar’ wants to be in the Apple store for electricity – Bloomberg
6/29 Seeing the light on solar power – National
6/29 Here comes the sun: US solar power market hits all-time high – Guardian
6/29 Global installed solar PV capacity will exceed 756 GW by 2025 – Solar Server
6/27 Tesla, SolarCity look like a bad fit – Barron’s
6/27 Less than 1% of energy storage needed for wind and solar exists – Daily Caller
6/25 Why Tesla’s takeover of SolarCity doesn’t make any sense – Bloomberg
6/25 Thoughts on Tesla’s stock price collapse following SolarCity buyout – Clean Technica
6/25 SolarCity, Tesla ties spurring questions on board’s independence – Bloomberg
6/25 Solar power still isnt competitive –MSN
Art of the Collapse
6/21 Explore bank bailouts, Cyprus anonymous, and more – Pinterest
6/19 Artist’s impression of the opening ceremony at the Rio Olympics – Zero Hedge
6/19 Where Bernie Sanders finally gets hit Trump debate – Daily Beast
6/19 Trump 2016 – Time
6/15 Yellen tries to extend the game one more round – Texas Metals
War, Civil Unrest, Privacy, Creeping Fascism, Police State
7/01 More than 57,000 migrants and refugees stranded in Greece – Ekathimerini
6/30 Government is renewing its assault on your privacy – Guardian
6/30 The hot land – Intercept
6/30 Islamic State suspected after suicide bombers kill 42 at Istanbul airport – Reuters
6/30 Was Orlando massacre another chicken coming home to roost? – Common Dreams
6/29 Terror attack kills 36 at Istanbul airport, Turkey blames ISIS – CNBC
6/29 Falluja fully liberated from Islamic State – GEAB
6/28 Judge: FBI can hack computers because computers get hacked all the time – Tech Dirt
Self-sufficiency, Food Security, Survival
6/28 Quality survival food – Dr Sircus
6/28 How exercise improves memory – Kurzweil
6/22 ‘Five-year plan’ in college could cut income and retirement – NY Times
6/21 Why fasting bolsters brain power – Juvenon
6/21 Popular survival foods loaded with chemicals that promote death – Natural News
6/21 Daily champagne could help prevent dementia and Alzheimers – Harper’s Bazaar
6/16 Cell phone radiation boosts cancer rates in animals – Microwave News
CyberWar, CyberTerrorism, CyberCrime
6/30 China perfecting cyber attack – Morning News USA
6/23 Step 1: protect your identity. Step 2: profit – Daily reckoning
6/22 Clinton foundation said to be breached by Russian hackers – Bloomberg
6/19 NATO yet to determine ‘clear’ cyberattack strategy – Sputnik News
6/18 No one knows how to define an ‘act of cyber war’ – Tech Insider
6/18 The DNC hack and dump is what cyberwar looks like – ARS Technica
Off-Topic But Brilliant/Challenging/Infuriating
6/30 California among 8 states to vote on legal weed in November – CNN
6/30 How Feng Zhnag’s gene editing will change the world – Bloomberg
6/29 Artificial synapse said to rival biological synapses in function – Kurzweil
6/29 Fish with no cortex still switches between electrical and vision senses – Kurzweil
6/28 World going to hell? Here are the solar system’s five most livable places – Ars Technica
6/27 What happens when a portrait artist takes LSD – AlterNet
6/25 The war on weed is winding down, will Monsanto emerge the winner? – CounterPunch
6/23 The lonely aftermath of China’s one child policy – Bloomberg
6/22 DEA about to make Marijuana legal in all 50 states, with prescription – Daily Caller
6/22 Now we know what happens to teens when you make pot legal – Washington Post
6/21 First self-driving ‘cognitive’ vehicle uses IBM Watson Internet of Things – Kurzweil
