With Brexit Certain Global Economic Collapse Imminent.

Trading halted in Japan Circuit breaker stop

Pound UK down a 30 yr low

It really an over reaction as they wouldnt be free of the euro for several years.

Dow down -650

damage !!!

gold way up

a reply to: onequestion

Perhaps. Although i have little to none to drop into precious metals. All tied up in real estate......

originally posted by: IAMTAT
a reply to: ladyinwaiting

What did you mean about Merkel and the immigrants?

It seemed like, in the midst of all this, some of the commentators expressed concern over Merkel and Germany. Didn't say a whole lot. Just sort of "where does this leave Germany, (with their refugees). Worried, about Spain and Italy also.

It was just a few brief statements.

originally posted by: Saiker
Trading halted in Japan Circuit breaker stop

Pound UK down a 30 yr low

It really an over reaction as they wouldnt be free of the euro for several years.

Got a link on that halting of trade in Japan

a reply to: xuenchen

WHAT? Where are you getting that? Link? Or TV station?

originally posted by: OtherSideOfTheCoin

originally posted by: rickymouse
If the Brits exiting the EU causes a collapse, then the markets are not very stable at all. How did we get to this point. How did we leave this kind of thing happen. This should only make a minimal effect on Stock markets, it shows me that all of the Markets are just a scam. The value of the stock is a hundred fold of what the assets of the companies are in a lot of cases. That is like gambling gone wild.

When the worlds 5th largest economy pulls out of a market of half a billion its going to have a huge effect, this is not a surprise guys, this was expected if there was a Brexit vote.

I can't see it impacting much, the brits won't be dumping their stocks overnight. The market is not a reliable place to put your money. They have been manipulating it by changing regulations governing it over the years. It can dive fast and the levels are still less than two years ago. Nobody is really making much in pensions.

a reply to: OtherSideOfTheCoin

www.jpx.co.jp...

originally posted by: ladyinwaiting
a reply to: xuenchen

WHAT? Where are you getting that? Link? Or TV station?

CNBC pre-market

and on CNBC cable or FoxBusiness cable

Dow Futures now down -620

originally posted by: nwtrucker
a reply to: rickymouse


No. The money is worth one hundredth what it was. It's called inflation.

If a company has assets worth a half a billion and it has outstanding stock values of 500 billion, there is something wrong. Many companies have sold all their real estate and many have bonds that they have sold.

a reply to: rickymouse

The market is not a reliable place to put your money

Not in the least. I learned the hard way. People should only invest completely disposable income.

__________

Woot! Some Brits are calling today "Independence Day". I'm glad they're happy.

a reply to: xuenchen

Thank you kind sir.

Live EU Brexit Referendum Results - BBC

You can buy Gold right now on eBay for old prices. I just got another 10 ounces and I will be able to resell it and make a huge profit in a matter of days. Too easy.

I also moved a bunch to my brokerage account yesterday in the hopes this would happen. Tomorrow I will be buying into the panic which almost always works.

People always overreact.

Dow down 680

The record day was down 777 in 2008

Watching all these reports of markets suddenly dropping reminds me of the hype surrounding mass shootings.

"THE SKY IS FALLING!!!!" A few days later, everyone wakes up and goes on about their business, just like they did before the "crisis".

If the markets tumble 25%, they will come back...simply because investors like to make money. Whether it's 2% down each day for a week, or 25% down at one time, does it matter? Recoveries always follow...sooner or later.

I have a question. I am sure it is dumb to most of you.

But I am just try to understand.

Isn't part of the reason they chose this, is to keep being overcome by refugee's?

a reply to: crappiekat

I think it means the British people can enforce their own borders again.

a reply to: IAMTAT

Thank you for your reponse.

Same thing.

I do get it.

FTSE 100 Futures -560

Dow Futures -640

Asia getting slaughtered.