Courtesy of John Rubino.
Stocks fall globally on renewed Brexit fears and the apparent collapse of Italy’s banking system. Great Bill Fleckenstein interview. Gold generates massive buzz. US growth subdued, Japan growth nonexistent. Lots of speculation about the end of the EU. UK in turmoil post-Brexit as Labour votes to oust leader, Boris Johnson drops out of PM race, and Nigel Farage leaves UKIP. Interest rates continue to fall while central banks consider deeper cuts. Clinton gets a pass from FBI on emails.
Best Of The Web
“Incredibly stupid” Juncker opens Pandora’s Box – Automatic Earth
Just a game – Janus Capital
Quantifornication revisited – AheadOfTheHerd.com
5 confirmed flase flag operations and how to spot them in the future – Anti Media
Humpty-Dumpty — teetering on the Eccles Building wall – David Stockman
Bill Fleckenstein on gold’s bull market and Greenspan’s idiocy – King World News
Greenspan on bubbles – Credit Bubble Bulletin
Gold’s shimmer is sign of dark days ahead – Huffington Post
Deflation is blowing in on an eastern trade wind – Automatic Earth
Why Treasury yields are about to really plunge – Zero Hedge
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
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Breaking News
The Economy
7/06 Italy may spur pan-Europe bank crisis – Bloomberg
7/06 Global stocks slump, safe-haven assets soar as Brexit risk weighs – Yahoo!
7/06 ISM services index soars in June – MarketWatch
7/06 EU banks crash to crisis lows as funding panic accelerates – Zero Hedge
7/06 Global bond burn from Brexit may now force fiscal response – Reuters
7/06 Financial sector limps toward Q2 earnings under weight of dollar – Ameritrade
7/06 Opinion: The downfall of an institution – DW
7/06 Government bond yields signal “something very nasty is coming” – Zero Hedge
7/06 Asia markets tumble as investors scurry into safe-haven plays – CNBC
7/06 Markets worry as Italian banks face the perfect storm – CNBC
7/06 Brexit erodes UK economic pillars, property investors flee – Bloomberg
7/06 Spain’s Social Security program will go bust in 2018 – Mish
7/06 The panic will start with property – Before the Collapse
7/06 Spain, Portugal said to face EU sanctions for budget failings – Bloomberg
7/06 Why are investors refusing to let go of their safety blanket? – Seeking Alpha
7/06 It’s not the Brexit, stupid – Burning Platform
7/06 Japan top fund fell 25% after Brexit vote as volatility rose – Bloomberg
7/06 Stock losses force world’s biggest pension fund into more buying – Bloomberg
7/06 M&G suspends trading in $6 billion UK property fund – Zero Hedge
Precious Metals
7/06 “Gold has entered a new phase” says UBS – GoldCore
7/06 Brexit: Gold versus the miners – Seeking Alpha
7/06 Did the system collapse? Not yet – Info-Graphic
7/06 Onward toward bullion bank collapse – TF Metals Report
7/06 Americans & Canadians face silver shortages – SRSrocco Report
7/06 Chinese day traders fuel rally in silver, says Saxo Bank – Mish
7/06 Hecla Mining; A silver lining – Money Show
7/06 Industry coverage looks into these silver equities – Bay Street
7/06 ECB could buy gold to revive economy – Telegraph
7/06 Centerra Gold to buy Thompson Creek for $1.1 billion, a 32% premium – GATA
7/06 Avery Goodman: It’s easy to calculate the fair-market value of gold – GATA
7/05 Detonation of the LBMA — it wasn’t Brexit, Governor Carney – GATA
7/05 The gold standard: friend of the middle class – Antonius Aquinas
7/05 The 500 tons of gold that show global rise in investor angst – GATA
7/05 Gold to hit record in 18 months as bond yields crash – GATA
7/05 China buyers drive silver prices higher – GATA
7/05 3 charts show “how precious Brexit is for gold and silver” – GoldCore
7/05 Silver OMG, report 3 July 2016 – 24hGold
7/05 Target prices of gold from $5,000 to $12,000 per ounce – Jesse’s Cafe Americain
7/05 Financial investors drive silver rally despite challenging fundamentals – The Street
Inflation, Deflation, Currency War, Cryptocurrencies
7/06 Forget Brexit — China’s currency is falling again – GATA
7/06 Brexit shocks push the pound to fresh 31-year low – Bloomberg
7/06 Trade deficit widens more than expected – Mish
7/06 US stocks erase drop while haven demand boosts bonds, gold – Bloomberg
7/06 Britain’s plummeting pound is bad news for America – Foreign Policy
7/06 Treasury yields plunge to all-time lows on ‘insatiable’ demand for safety – MarketWatch
7/06 The bitcoin halving will trigger a fear of missing out – CoinDesk
7/06 Chinese investors are flocking to bitcoin due to fear of inflation – CryptoCoins News
7/06 EU moves to crack down on bitcoin, prepaid credit cards – The Hill
7/06 Chinageddon – gold spikes as USDJPY, yuan, bond yields plunge – Zero Hedge
Real Estate Bubble
7/06 Henderson suspends $5 billion UK property fund – Zero Hedge
7/05 Sydney home-price surge underpinned by slowing supply – Bloomberg
7/05 London banker bonuses set to shrivel as Brexit hits dealmaking – Bloomberg
7/05 Realtors pitch Vancouver to draw capital flight from Brexit – Bloomberg
7/05 Aviva joins Standard Life in freezing property fund after Brexit – Bloomberg
7/01 Why Brexit is great news for U.S. homebuyers – CNN
DollarCollapse Podcasts
7/01 Bexit was just the beginning
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
Politics
7/06 Death threats and marital strain forced Nigel Farage to quit – Daily Mail
7/06 Trump: Bernie just lost the FBI primary – Real Clear Politics
7/06 EU authority fraying in reaction to Brexit vote – Reuters
7/06 Boris Johnson backs Andrea Leadsom for Prime Minister – Telegraph
7/06 Media gets facts wrong on Lynch/Clinton tarmac meeting – Wall Street on Parade
7/06 The elites hate Momentum and the Corbynites – and I’ll tell you why – Guardian
7/06 WikiLeaks publishes more than 1,000 Hillary Clinton war emails – Independent
7/06 Why elections are bad for democracy – GEAB
7/06 Nigel Farage and Boris Johnson are unpatriotic quitters, says Juncker – Guardian
7/05 FBI gives “extremely careless” Clinton pass on emails – USA Today
7/05 Why Frexit won’t happen – NY Times
7/05 Will other countries follow UK’s lead in abandoning the EU? – Tribune
7/05 On July 4th demand freedom, don’t celebrate the state – 24h Gold
7/05 Where have those nice Britons gone? – Guardian
7/05 Brexit voters are not thick, not racist: just poor – Spectator
Offshore Investing
7/02 America’s offshore tax cheats are feeling the heat once again – Bloomberg
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
Clean Tech
7/06 Solar power is finding its day in the sun – Fortune
7/06 Tesla/Solar City battery systems lessen household costs – Science World Report
7/06 Tesla falls after paring delivery forecast amid factory strains – Bloomberg
7/05 SolarCity pushing to increase useful lifetime of solar power installations – Electrek
7/04 Hanergy debuts four solar-powered prototype vehicles – South China Morning Post
7/04 Solar power sees record high in June –Yahoo Finance
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
Art of the Collapse
7/03 Debunking Utopia – Future of Freedom Foundation
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
War, Civil Unrest, Privacy, Creeping Fascism, Police State
7/06 Islamic state extends reach as it suffers defeats – Wall St Journal
7/06 Saudi king vows to fight religious extremists after bombings – Reuters
7/06 China says wants peace after paper warns on South China Sea clash – Reuters
7/05 Istanbul turns into a ghost town as tourism collapses – Zero Hedge
7/05 A declaration against the war on drugs – Washington Post
7/04 More than 109 killed by blast at Baghdad shopping district – Market Watch
7/04 Suicide bomber hits near U.S. consulate in Saudi Arabia – USA Today
7/04 ISIS uses Ramadan as calling for new terrorist attacks – CNBC
Self-sufficiency, Food Security, Survival
7/06 5 common mistakes in bulk food storage – Survivalist
7/06 Climate, energy, economy: pick two – Automatic Earth
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
CyberWar, CyberTerrorism, CyberCrime
7/06 It’s not paranoia: Hackers can use your webcam to spy on you – Star
7/03 Think tank considers ‘Geneva Convention’ for cyberwar – iapp
7/03 Who is Anonymous?: cyberwar – Mother Board
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
Off-Topic But Brilliant/Challenging/Infuriating
7/06 Did a fear of slave revolts drive American independence? – NY Times
7/04 Drones: the brave new world of data collection – Economy and Markets
7/04 Robot lawyer successfully appeals 160,000 London and NY parking tickets – Mish
7/04 Californians seek pot of Gold in Cannabis legalization – Fortune
7/03 First self-driving vehicle death – Kurzweil
7/02 ‘Horrible’ idea for legal pot could be worth voting for – Washington Post
7/02 7 in 10 Canadians support marijuana legalization: Nanos poll – CTV News
7/02 Refugees encounter a foreign world: welcome – New York Times
7/02 Scientists warn of ‘global climate emergency’ over shifting jet stream – Independent
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
