Courtesy of John Rubino.
UK in turmoil post-Brexit as Labour votes to oust leader. Stocks recover on profit taking. Interest rates continue to fall while central banks consider deeper cuts. Greenspan warns of major crisis. Gold COTs are “over the top.” Central banks seem to be losing control of the narrative. Bitcoin jumps. Clinton campaigns with Warren.
Best Of The Web
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
Why the Imperial City must be sacked – David Stockman
Weekly commentary: reminiscing about 2012 – Credit Bubble Bulletin
Thinking upside down; Dow 18k still key – Best Minds Inc.
Full employment & stable prices OR fat spreads & asset bubbles? – Econimica
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Breaking News
The Economy
6/28 Wall Street rebounds on post-Brexit bargain hunting – Yahoo!
6/28 ‘Worse than any bear market you’ve seen in your lifetime’ – Yahoo!
6/28 European banks crash to worst 2-day loss ever as default risk soars – Zero Hedge
6/28 UK rate cut coming, no hikes expected for 5 years – Mish
6/28 Death to all zombies! – James Howard Kunstler
6/28 ECB blows €400bn on “Brexit Black Friday” for bank bailouts – 24hGold
6/28 Is China the next Japan? – Project Syndicate
6/28 Japan’s bond yields drop to records as Brexit spurs haven demand – Bloomberg
6/28 Axel Merk: Making sense of the impact of Brexit – Peak Prosperity
6/27 Global stocks are getting hammered again – Yahoo!
6/27 The $100 trillion bond market’s got bigger concerns than Brexit – Bloomberg
6/27 5 charts: how Brexit backlash thrashes the markets – MarketWatch
6/27 Nevermind the Brexit, UK will emerge with a good trade deal – CNBC
6/27 Brexit: Why most commentaries miss the point – Huffington Post
6/27 Fortunes will be made & lost when capital flees to safety – Peak Prosperity
6/27 The $555 trillion derivatives debt implosion is about to begin – 24hGold
6/27 Dow falls 200 points, financials lag – CNBC
Precious Metals
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
6/28 Outperformance of tangible assets indicates inflationary pressures – GATA
6/28 This will push the gold market over the edge – SRSrocco Report
6/27 Peak silver as Comex has record low silver & high demand – SRSrocco Report
6/27 Gold: Bears are trapped, next stop $1,400 – Seeking Alpha
6/27 Gold prices: 3 reasons why gold could hit $2,000 on Brexit – Profit Confidential
6/27 Gold and silver – is a new era upon us? – Seeking Alpha
6/27 Historic, mind boggling rise in gold open interest Friday – 24hGold
6/27 Hedge funds win world-beating rally with record gold holdings – Bloomberg
6/27 Gold will have its revenge against the elites – GATA
6/27 Brexit’s impact on gold: Will prices hit $1,400? – Gulf News
6/27 Take the golden exit post Brexit – Seeking Alpha
6/27 Palladium price is forecasting a decline in the US economy – Gold-Eagle
6/27 These 3 gold exploration compnanies are strong takeover targets – Seeking Alpha
6/26 Is silver after bitcoin? The next Chinese momentum play? – SRSrocco Report
6/26 Negative yields aren’t a negative for ALL investments – Investment U
6/26 Why gold could ‘brenefit’ regardless of Brexit vote outcome – Birch Gold
6/26 One top investor says it’s time to hoard cash – Birch Gold
Inflation, Deflation, Currency War, Cryptocurrencies
6/28 Greenspan: This economic environment ends in inflation – Bloomberg
6/28 S&P downgrades UK from AAA to AA due to Brexit – Zero Hedge
6/28 Bitcoin gains validity as digital gold after Brexit vote – CNBC
6/28 Major bitcoin miner disappears along with millions in bitcoins – Coin Telegraph
6/28 Euro collapse will fuel bitcion’s growth – CoinDesk
6/28 China allows renminbi to fall by the most since Black Monday – AFR
6/27 “There’s no escaping the fact that this is a class war” – Zero Hedge
6/27 China devalues yuan most in 10 months – Zero Hedge
6/27 Pound slides to 30-year low on UK’s uncertain future – MarketWatch
6/27 Civil uprising escalates as 8th EU nation threatens referendum – Zero Hedge
Real Estate Bubble
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
6/22 US existing home sales hit 9-year high – CNBC
6/22 Renters are making more, and landlords get it all – Bloomberg
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
6/28 UK Labour leader Corbyn loses confidence vote –Bloomberg
6/28 Another big choice, with Johnson and Farage on opposite sides – Telegraph
6/28 Brexit economics: financial destabilization of Europe? – Daily Bell
6/28 Brexit: new conflict between populism and globalism as chaos looms – Daily Bell
6/28 Brexit may well never happen – Slate
6/28 The collapse of Western Democracy – Sovereign Investor
6/27 Aziz Ansari slams Donald Trump’s ‘Xenophobic Rhetoric’ – Rolling Stone
6/27 Donald, Hillary in tight races in battleground states – CBS News
6/27 Secession movements intensify – Inherent Autonomy
6/27 Electoral surge of far left likely to shake up Spanish politics – Reuters
6/27 What if Donald Trump is just an elaborate prank? – Cracked
6/27 Nigel Farage says Brexit referendum ‘not a best out of three’ – Mirror
Offshore Investing
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
6/04 Why I set up an offshore company – International Man
Clean Tech
6/27 Tesla, SolarCity look like a bad fit – Barron’s
6/27 Less than 1% of energy storage needed for wind and solar actually 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
6/23 These 3 solar stocks could crush the market – Motley Fool
6/23 Solar Power to grow sixfold as sun becoming cheapest resource – Bloomberg
6/23 Chanos: ‘Brazen’ SolarCity deal is ‘corporate governance at its worst’ – CNBC
6/23 Tesla shares crater as Wall Street reacts to bid for SolarCity – CNBC
6/23 In SolarCity bid, Tesla’s Musk targets customers wanting all – Bloomberg
6/23 Why Elon Musk is betting on solar power instead of wind – Huffington Post
6/23 How many solar panels would it take to power Earth? – Energy Saving Trust
6/22 Global solar installations to surpass 60GW in 2016 with Asia dominating – PV Tech
6/22 Move over oil – lithium is the future of transportation – Oil Price
6/22 SolarCity stock soars 15% on $2.8 billion Tesla bid; TSLA plunges – CNBC
6/22 Solar Power is cheap enough to compete with fossil fuels in the gulf – GE Reports
6/21 Electric utilities prepare for a grid dominated by renewable energy – Greentech Media
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
6/28 Judge: FBI can hack computers because computers get hacked all the time – Tech Dirt
6/28 Erdogan apologizes to Putin over death of Russian pilot – Zero Hedge
6/28 Violence without justice: Mexico’s drug war and its consequences – AlterNet
6/27 Next time the terrorists may choose a church or a school – Most Important News
6/23 Online gun store sells 30,000 AR-15s in week after Orlando – Zero Hedge
6/23 DOJ drops ‘drug trafficking’ case against FedEx – Washington Post
6/23 China’s top paper lambasts U.S. aircraft carrier deployment – Reuters
6/23 Senate votes down proposal to expand FBI surveillance powers – Reuters
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
6/23 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
6/16 ‘Lone hacker’ claims responsibility for cyber attack on Democrats – Reuters
Off-Topic But Brilliant/Challenging/Infuriating
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
6/21 What freedom could look like for SeaWorld’s killer whales – EcoWatch
6/19 The invisible forces behind all of our decision-making – LongReads
6/18 We saved the alligators from extinction – then moved into their territory – WaPo
6/18 Can Marijuana legalization save Atlantic City? – Cash Co
