Everyone knows British Prime Minister David Cameron is going to hold a national referendum on whether or not Britain should quit the European Union.

But even now — before the date of the vote has even been set — the Royal Bank of Scotland (RBS) is trying to help investors get ready.

Investment strategists there are aggressively recommending investments that should soar when Britain’s stocks and currency craters in response to the debate and the British exit (“Brexit”) itself.

“We want to make sure we’re ahead of the curve on it,” says Andrew Roberts, head of European rates strategy at RBS in London.

RBS is not alone. Commerzbank AG and UBS Group AG are also warning that the pound is likely to slide.

They have every reason to be concerned. Polls are showing that more and more Brits are in favor of fleeing the EU. In a recent survey, more than 97% of the respondents said Britain cannot get a fair deal in the EU.

The EU:Like a toy balloon in a room full of razor blades

Despite pallid media reporting … despite unfounded assurances from officials … my supercycle forecast stands: This month, the crisis in the EU is reaching fever pitch.

There seems little doubt that a Brexit would be the death knell of the European Union. Britain boasts the second largest economy in Europe with an annual GDP of nearly $3 trillion.

The loss of Britain, combined with Germany’s recent descent into deflation and economic crisis would almost surely spell the end of the Union.

My forecast stands: Barring a miracle, the European Union is racing towards a massive, crippling economic catastrophe.

Investments that rise when the euro plunges … that soar when European stocks crater … and that spin off huge profits as trillions of euros in flight capital move into U.S. dollars and investments … will make savvy investors rich.

Yours for supercycle survival and profits,

Larry Edelson

Senior Analyst, Weiss Research
Editor, Supercycle Trader