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Now the Losers Want a Second Referendum to Overturn BREXIT

A petition has gained 1 million signatures to overturn BREXIT and hold a second referendum. Of course, they will do a far better job at rigging this one if it goes...

Dow – Down & Dirty?

The Dow has been bouncing off the Reversals as well. Despite being above 17800, it would fail to close above that. The question becomes WHEN will the Dow breakout...

The Impact of BREXIT on the EU

The true impact on Britain and Europe will start to become visible rather quickly. It is absurd to think that anything has to change in respect to trade between...

The Contagion Begins

Brussels will now try to punish Britain as they punished the Greeks for daring to vote against them. Our sources are already saying the attitude behind the curtain...

Market Talk Close June 24, 2016

Interesting price action – it is the UK that is leaving Europe and yet we saw the DAX fall 6.8%, CAC -8.35% and IBEX down 12.35% whilst FTSE declined just...

US Share Market for the Closing of June 24, 2016 Post-BREXIT

The Dow has fallen in a knee-jerk reaction to BREXIT, which really is hype thanks to politicians. The gains for Britain are clear. It escapes the forced...

Forecasting & Beating the Odds

COMMENT #1: Marty, Socrates just beat every polling organization out there. The bank I work at conducted its own poll and said remain has it. Gold fell and bounced...

Market Talk – Morning of June 24th, 2016 (Post-BREXIT)

As we witness the biggest fall in GBP in over 32 years, UK bank stocks are declining anything from 5% (HSBC) to 25% (Lloyds). Gold rallied and there was a flight to...

Private Blog Metals Update

Private Blog Metals...

The British Pound & the Aftermath of BREXIT

  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...