Europe

Via Daniel Lang of SHTFPlan.com,

There should be no doubt about the current status of the European Union. It’s crumbling before our very eyes. Between the sprawling unaccountable bureaucracy in Brussels, the unpayable debts, the unfettered immigration, and the unprecedented emergence of conservative, nationalistic groups, it’s obvious that the EU is not long for this world. No nation can survive those pressures; much less a loosely held, 24 year old political union consisting of a wide variety of languages and cultures.

Silver On Sale - 4% Fall On Massive $2 Billion of Futures Selling

Silver fell a very sharp 85 cents from $18.40 per ounce to as low as $17.65 per ounce yesterday for a 4.25% price fall soon after the London bullion markets closed yesterday despite no market news or corresponding sharp moves in other markets.

With the Fillon campaign in shambles following a raid of his home by corruption investigators and the subsequent resignation of both his spokesman and campaign manager, and with the republican party now reportedly preparing to replace Fillon with former PM Alain Juppe, the big winner from the ongoing chaos, at least according to one poll, is the centrist candidate Emmanuel Macron.

World stocks pulled back from all time highs, and European bourses initially followed U.S. futures and Asian shares lower, however both European risk sentiment as well as E-Minis rebounded after an Odoxa poll showed Macron overtaking Le Pen in the 1st round for the first time, and that the addition of Juppe instead of Fillon may see a 2nd round run-off between Macron vs Juppe, leading to a slump in Bund futures to session lows, and a bounce in European stocks.

Via Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces) of SHTFPlan.com,