Brexit = Smackup, Bremain = Smackdown

Discussion in 'General Precious Metals Discussion' started by sammysilver, Jun 22, 2016.

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  1. SilverDJ

    SilverDJ Well-Known Member

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    SilverDJ, Jun 24, 2016
    #61
  2. Peter

    Peter Well-Known Member

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    Gold up $53aud.
    Aud $2 down.
    Stocks down 1.5%
     
    Peter, Jun 24, 2016
    #62
  3. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Odds of Brexit up to 85%

    How long until the gold traders catch on??
     
    BuggedOut, Jun 24, 2016
    #63
  4. SilverDJ

    SilverDJ Well-Known Member

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    Knew I should have bought some this morning...
     
    SilverDJ, Jun 24, 2016
    #64
  5. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    GBP is getting slammed!

    Gonna be a sweet capitulation low to buy when the result comes in. Is there a GBP ETF or some vehicle I can trade on the ASX?
     
    BuggedOut, Jun 24, 2016
    #65
  6. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    The Japanese Yen is screaming higher
     
    Caput Lupinum, Jun 24, 2016
    #66
  7. aleks

    aleks Well-Known Member Silver Stacker

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    Doom level is over 9000!!!!
     
    aleks, Jun 24, 2016
    #67
  8. Ouch

    Ouch Active Member

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    ASX:pOU is one such ETF
     
    Ouch, Jun 24, 2016
    #68
  9. Peter

    Peter Well-Known Member

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    Now up $100 aud, gold.
     
    Peter, Jun 24, 2016
    #69
  10. aleks

    aleks Well-Known Member Silver Stacker

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    lol do not touch FX in this environment
     
    aleks, Jun 24, 2016
    #70
  11. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    ASX code POU tracks GBP vs AUD. Down over 5% but the buy/sell spread is 2% which is kinda sucky. Any other suggestions?
     
    BuggedOut, Jun 24, 2016
    #71
  12. aleks

    aleks Well-Known Member Silver Stacker

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    Put down the crack pipe, do not touch FX
     
    aleks, Jun 24, 2016
    #72
  13. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    LOL. Looks like the gold traders finally woke up ;)
     
    BuggedOut, Jun 24, 2016
    #73
  14. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Leave vote is over the halfway mark. Waiting for remain to finish with a flurry
     
    Caput Lupinum, Jun 24, 2016
    #74
  15. kramer

    kramer Member

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    Smackup!
     
    kramer, Jun 24, 2016
    #75
  16. boneyard

    boneyard Well-Known Member Silver Stacker

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    [​IMG]
     
    boneyard, Jun 24, 2016
    #76
  17. Peter

    Peter Well-Known Member

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    Wild swings for pound as EU vote results announced - http://www.bbc.co.uk/news/business-36611512

    Currency traders say these moves are more extreme than those seen during the financial crisis of 2008.

    "Never seen anything like it. These are once-in-a-lifetime moves, bigger than Lehmans and Black Wednesday, and we haven't even had the result yet," said Joe Rundle, head of trading at ETX Capital.

    "It's looking more and more like a Leave win and these massive moves in sterling and stocks will only get bigger if that is the case," he added.

    A short while ago the pound was trading at $1.3820, down almost 7% - a massive move in just four hours of trading.

    .......
    My comment.
    English gold holders just gained 7%.
     
    Peter, Jun 24, 2016
    #77
  18. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    If the Brexit wins with England and Wales voting to leave and Scotland and Norther Ireland voting to stay as is the current trend; then expect Scotland to again want to leave the UK so it can join the EU, and expect Northern Ireland to reunite with Ireland to stay in the EU. Meanwhile, Southern Europe will then make moves to leave the EU.
     
    sammysilver, Jun 24, 2016
    #78
  19. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Just took some more stay at $17.50

    Massive price and a very cheap hedge already paid for with the gains in gold. Happy days.
     
    BuggedOut, Jun 24, 2016
    #79
  20. Ouch

    Ouch Active Member

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    Hasn't this insanity gone far enough? Expecting the operatives to be deployed pretty soon to remove all those leave votes
     
    Ouch, Jun 24, 2016
    #80
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