The pound sterling had a smashing day ranging between 15016 and 13226 penetrating the 2009 low of 13508 as well as the 2001 low of 13680. That leaves the prior low of 1985 of 10520 on the cash (103 futures). This is rather important for it implies that we should see that test of the 1985 low as soon as 2017. A year-end closing below 14050 will signal that should follow course. Keep in mind that our model has been projection a significant dollar rally and the weakening of the EU will make that happen.

We have two incredible important numbers coming into focus for the closing of June – 13660 and we also have a Quarterly Bearish at 13680 and 14280. Obviously, if we close June below 13660, we should expect the pound to decline sharply in the months ahead.

On the Weekly level, a closing beneath 14000 will keep the pound in a bearish position. A merely closing beneath 14300 today will also signal that the pound is weak. There will be bearish sentiment, but this will begin to subside as people start to see that the EU cannot be sustained without the UK.

The European Union peaked back in 2004. It is done – just stick a fork in it. The arrogance of Brussels and their anti-democratic approach to force their elitist views upon the people is coming back to haunt them. Unless Brussels reforms, we will see the collapse of the entire EU structure right down to the Euro.

The voter fraud in the Austrian election to save the EU has been ruled by the Austrian Constitutional Court has revealed outrageous “errors” to the point that votes were simply regarded as non-binding recommendations. The investigations continue, but this reflects the desperate attempt to save Brussels at the expense of all of Europe. This was portrayed as dangerous had the people been allowed to actually vote so the election had to be rigged. This casts a lot of questions over the reality of BREXIT vote to take place on the 23rd. Is there any hope of a real election at all? Unfortunately, those in Brussels, like the Troika, cannot be voted out of office since they have defeated any possible democratic vote. They never stand for election. The very people who dictate the fate of Europe and are responsible for undermining all the pensions with negative interest rates, never stand for election at any time and still tell the people it is a democratic process. Why any Brit would surrender their independence to become economic slaves to Brussels just shatters the mind. This is a dangerous situation for the only means to reform or disagree with the policies in place will be civil unrest if not war.

Meanwhile, in France, President Francois Hollande has proposed to actually ban all demonstrations, according to his presidential spokesman. The excuse is of course the country is plagued by terrorism, and with Hollande less than 15% in the polls, the conditions are not in place to protect “personal or public property.” He said: “At a time when France is hosting the Euro 2016 [football tournament], when it is faced with terrorism, demonstrations can no longer be authorized if property, people and public property cannot be safeguarded,” Hollande told a Cabinet meeting, according to his spokesman Stephane Le Foll, AFP reported.  Very convenient.

In Italy, we now see the Anti-establishment Candidate Taking the lead in the Rome Mayoral Election. The disagreement with the management of the “establishment” on a worldwide basis is rising precisely in line with our Cycle of War. This is part of the cycle and why we sadly will see the crumbling of Western Civilization as the financial capital of the world moves to China after 2032. Even in Japan, you have Finance Minister Taro Aso asking just how long the elderly intend to live effectively saying – die already, to reduce the government payouts.

 The “establishment” is faking polls, and the press is in bed with them, all to retain the status quo everywhere. Even the establishment Republicans are not raising money for Trump and want him to lose. Hillary is one of them. They do not want any outsiders. In London, Cameron is in bed with Brussels despite the fact he has lost every single negotiation to date with them. Is he an idiot or just corrupt? Brussels simply cannot allow BREXIT to succeed for it will signal the end of the EU, which they are desperately fighting on every front.

This week will be extraordinarily important for the failure of BREXIT to win will most likely lead to sharply rising civil unrest throughout Europe. The machinations behind the forced federalization of Europe by the elitists from assassinations and political coups right down to massive immigration to breed-out the European race, cannot be sustained. The whole refugee crisis is a crisis since the majority of these people are not even from Syria and among their ranks are terrorists intent upon destroying Europe.

Most people have never heard of the real man behind the curtain who inspired the idea of the European Union. They certain do not realize that his idea was to stop the inbreeding within Europe and to support the mixing of peoples and many say races to create the United States of Europe. Richard Coudenhove-Kalergi (1894-1972), was of noble birth and was very much an elitist. He is the real father of the European Union for his efforts go back to 1922 when he founded in Vienna the “Pan Europe” movement. Indeed, his idea was partially supported by the fact that the people of Europe migrated to the United States and intermarried to create America. He saw the same thing was necessary for Europe. This idea is behind German Finance Minister Schäuble outrageous statement that the refugees are needed calling for more immigration into Europe otherwise, Europe will“degenerate into [an] inbred” continent. This is right out of Coudenhove-Kalergi whose argument captured many elitists and spread from Austria to most other countries within Europe. You have to keep in mind that the Royal families were engaged in such a policy. The English monarch is related to the German, Russian, Dutch, and Spain where there were all intermarriages under the theory of creating political stability.

In 1938, Coudenhove-Kalergi had to flee from the Nazi regime and sought asylum in Switzerland and then moved to the United States. Many people have heard of Hitler and his idea of a master race of pure blood, what they do not realize is that this idea was the opposite of Coudenhove-Kalergi’s proposal which is why he had to flee. Coudenhove-Kalergi marketed his vision to breed Europeans into a single race managing to gain many politicians to support his idea based in part on the melting pot of America. However, he would take it even further.

On his return to Europe, Coudenhove-Kalergi was no doubt the initiator of the Parliamentary Union and the concept behind the Treaty of Rome and the evolution of the euro to attempt to merge Europe into the federalization process. Finally, during 1966, Coudenhove-Kalergi submitted before the X. Vienna Paneuropean Congress a memorandum for the future of Europe, which is still regarded as an important guideline to this day. Coudenhove-Kalergi managed to become an adviser to Charles de Gaulle, Georges Pompidou and Konrad Adenauer and Bruno Kreisky.

The sudden advocacy of Schäuble to mix the races and German women should marry refugees has a rather disturbing link to Coudenhove-Kalergi. In his book Praktischer Idealismus (Practical Idealism), he wrote:

The man of the future will be of mixed race. Today’s races and classes will gradually disappear owing to the vanishing of space, time, and prejudice. The Eurasian-Negroid race of the future, similar in its appearance to the Ancient Egyptians, will replace the diversity of peoples with a diversity of individuals. …

Instead of destroying European Jewry, Europe, against its own will, refined and educated this people into a future leader-nation through this artificial selection process. No wonder that this people, that escaped Ghetto-Prison, developed into a spiritual nobility of Europe. Therefore a gracious Providence provided Europe with a new race of nobility by the Grace of Spirit. This happened at the moment when Europe’s feudal aristocracy became dilapidated, and thanks to Jewish emancipation.

id/Coudenhove-Kalergi 1925, pp. 20, 23, 50

There is a lot more going on behind the curtain than people realize. The Pan European idea will fail. They are missing the very element that made it work in the United States – a single language. You will not see Scottish men marrying Italian women generally because of language. Without a single language, Coudenhove-Kalergi idea of simply breeding all the races together to end war is rather absurd. There have always been those who see themselves as playing the roll of God.