Volatility due to Brexit concerns waning – Is it warranted?
Chris Temple joins us to discuss the upward moves in the US markets and move does in gold. We also look at the outlook for oil and gas in a different light. It is important to note that gold has received from its lows and gold stocks are preforming quite well.
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All this Brexit crap is BS…….A vote to leave will be dismissed as –Non-Binding.
But a vote to stay will be received as a total endorsement of the EU…..
The British people are screwed, like the rest of Europe…Unless the British Gov invokes something called Article 50 ……The British Parliament & Cameron will totally ignore a vote to leave the EU. It’d cost ’em those cushy 200,000 Euro a year gigs in Brussells to let the Brexit really happen.…never mind the theater of this Brexit vote.
4 oz speaks the truth.
Cameron speaks with forked tongue. (Probably damaged by his silver spoon.)
Give ’em the old razzle dazzle
Razzle dazzle ’em
Give ’em an act with lots of flash in it
And the reaction will be passionate
Give ’em the old hocus pocus
Bead and feather ’em
How can they see with sequins in their eyes?
What if your hinges all are rusting?
What if, in fact, you’re just disgusting?
Razzle dazzle ’em
And they’ll never catch wise
Give ’em the old razzle dazzle
Razzle dazzle ’em
Back since the days of old Methuselah
Everyone loves the big bamboozler
Give ’em the old three ring circus
Stun and stagger ’em
When you’re in trouble, go into your dance
Though you are stiffer than a girder
They let you get away with murder
Razzle dazzle ’em
And you’ve got a romance
Give ’em the old razzle dazzle
Razzle dazzle ’em
Give ’em an act that’s unassailable
They’ll wait a year ’till you’re available
Give ’em the old, double whammy
Daze and dizzy ’em
Show ’em the first rate sorcerer you are
Long as you keep ’em way off balance
How can they spot, you got no talents?
Razzle dazzle ’em, razzle dazzle ’em
And they’ll make you a star
yep, Chicago, great movie and great music with Richard Gere, Catherine Zeta,Rene zellwegger,
The EU IS DESTINED TO BREAK UP REGARDLESS OF THE BREXIT REFERENDUM.
It evolved from a trade agreement into useless bureaucracic un-democracy.
If the Brit don’t leave the Germans eventually will.
CFS everything got beyond stupid. I’m quite relaxed over Thursday’s vote, not that I don’t want to exit – of course I do. But Greg Hunter’s interview with Bill Holter and Jim Sinclair make the point that it doesn’t much matter what happens on the 23rd. Europe’s going down and the ‘good’ thing is if we lose on Thurday Cameron has to take the blame rather than using the Brexiteers as the reason for blaming everything on going belly up.
Good thinking, Andrew. I didn’t want Ron Paul elected for the same reason. The moronic masses would have blamed him for the same unstoppable problems that he fought against for decades.
See you’ve just stated that the EU is going regardless. Here’s the GH post…
Hey Chris
Any update on Sarepta?
Have a lengthy one in my current issue, yes.
https://ig.ft.com/sites/brexit-polling/
Latest Brexit poles
I am not going into the markets this week. It is still far too close to call. Loads of propaganda around at the moment. Lots of suspicious things going on.
Regarding your comments on Brexit, I agree with all of you!
Jo Cox’s birthday would have been this Wednesday. There will be a memorial on Wednesday of her birthday and on Thursday, the day of the voting, there will be a memorial service.
I don’t believe in conspiracy theories but, gee…
Her district in Yorkshire was sucking at the EU tit for development funds, so, of course, she was anti-leave.
(She didn’t deserve to die, though.)
No, I feel for her children who will never have their Mum in their lives.
Give me the ole Razzle dazzle
Razzle dazzle em,
Razzle dazzle em
Haven’t you heard the Brits are staying,
All because of the Jo Cox slaying,
Razzle dazzle em, Razzle dazzle em
Didn’t see stocks are soaring,
So let’s get the party rip and roaring,
Razzle dazzle em, Razzle dazzle em
Give em the ole hocus pocus,
The maybe they’ll lose their focus.
Razzle dazzle em, Razzle dazzle em.
Silvers going to 500 easy,
Boy those articles sure are sleazy.
Give em the ole Razzle dazzle,
Razzle dazzle em, Razzle dazzle em
Janet’s saying the economy growing,
Look at her face though, it’s just not showing.
Razzle dazzle em
Razzle dazzle em
Golds going to 500 too
Didn’t you know Dent has no clue
Razzle dazzle em
Razzle dazzle em
Looks in the sky for the easy money,
Boy this land ain’t no milk and honey,
Razzle dazzle em, razzle dazzle em.
Jayant Bhandari nails it…
What Chris is saying is what I’ve been saying for 18 months. Natural gas has a better chance of sustainable growth than oil. I put money in Natural Gas Royalty Trusts last year.
Chris is one of the few people – not heard anyone else say it – that staying on the sidelines this week, and perhaps early into next week, is sensible until this BREXIT vote is over and we know what the result is.
I think the markets will move big time on Friday but, until we know the result, I do not have a clue as to what will go up and what wll go down.
Exactly right, Bob — maybe more dramatic (albeit briefly) than some moves following Fed meetings we’ll get a 1 or 2-day “wonder” of a move and then things will settle out (this is the vote is to STAY; if the “Brexit” side wins, there might be more fur to fly.) As I said, the big picture doesn’t change; only the speed of the inevitable, depending on the outcome.
If the UK does BREXIT then Friday morning we could see one heck of a crash in conventionals. It could be Lehman style in nature.
The Brits are more stupid than I thought if they are swayed by the media propaganda to remain.
Nail down the coffin lid of independence and complete the burial of the British Empire.