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I love it when people who know nothing about the financial markets suddenly feel the need to comment on one or two days movements.
The Dax hit 8300 in intra day trading when Greece was going down the pan. Last I checked the Dax was around 9600 and that includes a little negativity for when we leave. Clearly us going is a non event.
I'm surprised there aren't any 'buy gold' threads though. Probably because that lot got incinerated a few years ago.
Markets do not like uncertainty but if like me, you are invested for the long term, just sit it out, I will and have no worries about the long term. I'm voting Leave btw.
Because the global economy is an unfettered, unvarnished, turd and it couldn't cope with a quarter point increase in base rate by the Fed, let alone Brexit. The sooner we face economic reality, the better.
Over-valued global markets will fall ~10-30% and Sterling perhaps 10-20% in the short-term. Everyone knows this. Were this a decision for the next 1-5 years, I don't think anyone would back Brexit. Fortunately, people aren't that stupid, and ~50% will be backing Brexit
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