--- a/src/cmd/link/internal/ld/lib.go	
+++ a/src/cmd/link/internal/ld/lib.go	
@@ -1194,6 +1194,11 @@ func hostlink() {
 		argv = append(argv, peimporteddlls()...)
 	}
 
+	// The Go linker does not currently support building PIE
+	// executables when using the external linker. See:
+	// https://github.com/golang/go/issues/6940
+	argv = append(argv, "-fno-PIC")
+
 	if Debug['v'] != 0 {
 		fmt.Fprintf(&Bso, "host link:")
 		for _, v := range argv {