Courtesy of John Rubino.
UK Votes to leave EU, markets stunned. Stocks plunge worldwide, gold soars, volatility spikes, pound tanks. Gold COTs are “over the top.” Central banks seem to be losing control of the narrative. Bitcoin jumps. Trump campaign in chaos while polls show dead heat in battleground states.
Best Of The Web
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
Why this time is completely, utterly, totally different – Economicia
15 facts about the imploding US economy – Economic Collapse
Pity the poor central bankers – Charles Hugh Smith
What went wrong? – David Rosenberg
Weekly commentary: Historic crazy – Credit Bubble Bulletin
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Breaking News
The Economy
6/24 Don’t worry, Deutsche Bank only down 16% – Mish
6/24 The bear roars around the world as Britain votes to leave EU – The Street
6/24 Durable goods orders crater in May – Zero Hedge
6/24 What just happened, and why it’s important for Americans – CNBC
6/24 The consequences of leaving the party – Goldmoney
6/24 Britain should exit Keynesianism, not Europe – Sprott Money
6/24 EU Referendum live; Cameron resigns – Telegraph
6/24 Global markets stunned as UK votes to leave EU – CNBC
6/24 Hawkish Fed looms as initial jobless claims plunge near 42 year lows – Talk Markets
6/24 When will governments tell the truth about the world economy? – 24hGold
6/24 The evidence be damned! – 24hGold
6/24 Chinese bankruptcies surge more than 50% in Q1; worse to come – Zero Hedge
6/23 The Brits have no good options on Europe vote – Bloomberg
6/23 Worst “zombie states” in America “deteriorate faster, further” – Wolf Street
6/23 Debt rattle – Automatic Earth
6/23 11 million Americans spend half their income on rent – My Budget 360
6/23 “During the next crisis, entire countries will go bust!” – FRA
Precious Metals
6/24 Oil plunges, gold soars on Brexit vote – CNBC
6/24 Foreign central banks race to gold as the US sits – Seeking Alpha
6/23 Commercial traders have just gone over the top – 24hGold
6/23 COMEX registered silver now more leveraged than gold – SRSrocco Report
6/23 Gold stocks versus the Dow – 321Gold
6/23 Brexit day – markets becalmed – gold panic prelude – trading hours – GoldCore
6/23 Gold weakens as decision day in UK puts markets ‘all on edge’ – Bloomberg
6/23 Gold cartel will face trouble no matter how Britain votes – GATA
6/22 Why gold could ‘brenefit’ regardless of Brexit vote outcome – CNBC
6/22 Bullion banks panicking amid shortage of metal – GATA
6/22 Brexit: Consequences for gold – Gold Republic
6/22 Keith Neumeyer: 10X move in silver is not unreasonable – Daily Coin
6/22 Royal Canadian Mint smashes all records – Sprott Money
6/22 Anxiety builds as money managers near record long gold position – ETF Daily News
6/22 Switzerland gold exports jump 20% in May, highest this year – GATA
6/22 Robert Appel: Gold price suppression is government policy – GATA
6/22 Euroclear looks to apply blockchain to gold market – GATA
6/21 Eric Sprott: don’t miss 500% gains! – Daily Coin
6/21 96% of trades on the Shanghai Gold Exchange settled in physical metal – 24hGold
6/21 Massive speculation bets on gold – Financial Sense
Inflation, Deflation, Currency War, Cryptocurrencies
6/24 British money-changer imposes capital controls – Zero Hedge
6/24 Fed rate hike off the table for rest of 2016 – CNBC
6/24 Bitcoin jumps to $680 as Brexit vote upends stocks – MarketWatch
6/24 British money changer imposes capital controls, suspends online fx transactions – ZH
6/24 A $50 million heist unleashes high-stakes showdown in blockchain – Bloomberg
6/24 Pound weakens as investors await Brexit vote results – MarketWatch
6/24 Japan negative rates drive biggest lenders from overnight market – Bloomberg
6/24 Fed perfectly happy to give you a haircut on the dollar – Schiff
6/24 BOJ’s Kiuchi warns of dwindling tool-kit – Reuters
6/24 Rich Swiss bank clients seek refuge from negative rates: study – Reuters
Real Estate Bubble
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
6/22 Desperate sellers’ big cuts in Manhattan luxury real estate market – Zero Hedge
DollarCollapse Podcasts
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
3/22 Huge government deficits coming
Politics
6/23 Just-released poll seals outcome of UK referendum – Zero Hedge
6/23 Last four Brexit polls split: turnout of age 18-35 likely the key – Mish Talk
6/23 Farage’s final rallying call: It’s us versus the Establishment – Express
6/23 Surging far-right movements across Europe making Hitler popular again – ZH
6/23 French far-right leader Le Pen calls for a Europe ‘a la carte’ – Inserbia
6/23 Iowa Democrats’ ‘legalize all drugs’ plank raises eyebrows – Des Moines
6/23 Sanders admits ‘It doesn’t appear’ that he’ll be the nominee – Ny Times
6/23 Nearly half of Bernie Sanders supporters will not support Clinton – Nola
6/23 Trump tied with Clinton in battle ground states – News Busters
6/22 Trump’s cash-starved campaign seeks top donors in New York – Bloomberg
6/22 7 times Nigel Farage did the Remain camp’s job for them – Metro
6/22 Trump campaign resets, increases policy attacks exposing Clinton – Breitbart
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
6/23 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
6/21 Wind power lifts Wyoming’s fortunes, coal miners left in the dust – New York Times
6/21 China to generate a quarter of electricity from wind power by 2030 – Guardian
6/21 30 years later, climate change signs clearer than ever – Greentech Media
6/17 Why is wind power New York’s future? Let us count the ways – Grain’s
6/16 How close are Siemens and Gamesa to sealing their merger? – NA Wind Power
6/15 Cheap energy storage is set to under-mine fossil fuels – Oil Price
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
6/23 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
6/23 Putin says Russia must strengthen as ‘aggressive’ NATO approaches – Reuters
6/22 The supreme court just created a full-blown police state – Armstrong Economics
6/21 Democrats and republicans clamor for expanded police state – Counterpunch
6/21 Isis in America – Intercept
Self-sufficiency, Food Security, Survival
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
6/14 The daily cocktail – Daily Coin
6/14 Low-carb vegetables to live by – Mercola
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
6/23 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
6/17 Could we set aside half the Earth for nature? – Guardian
6/16 Superbugs are outpacing sci-ence and economics in drug-resistance war – BioWorld
6/15 Why do bee colonies collapse? – Modern Farmer
