http://illuminatisilver.comhttp://facebook.com/illuminatisilverToday’s Brexit Vote is critical for Gold, Silver and the Stock Markets
Today is Thursday 23rd June 2016 and we are dealing with the issue of Brexit and our belief on how it will affect markets.
Ever since, the UK and other EU members have constantly questioned the benefits of membership, so much so that a referendum in the UK is taking place today, and the opinion polls which have moved from in favour to stay to in favour to leave and most recently too close to call, either way.
Earlier this week, opinion polls suggested that the UK may vote to remain in the EU and this resulted in gold falling from $1301 to the current level of $1265 and silver less affected from $17.48 to $17.41.
The dollar index has fallen by 1 point and stock markets have gyrated somewhat.
The reason for this video is to warn everyone that the next 24 hours is crucial. If there is no Brexit, something which the polls are gently leaning towards, then we shall see a stock market boost, a strengthening of sterling, the Euro and quite likely the dollar and the value of precious metals fall. If there is a Brexit, then we envisage significant stock market falls, devaluations in the price of sterling the dollar and the Euro – particularly the latter, and gold and silver prices to rise significantly – at least initially. This is an index traders dream. The UK’s departure from the EU will create uncertainty in all markets for some time and its ramifications will be good for gold in particular, and silver as an associate. We still believe that the UK may just about stay in, but admit we could indeed be wrong. Our forecast is 51% to remain and 49% to leave – but the figures could be reversed.
Either way gold and silver prices will be affected and will create the momentum for the rest of the year.
Please view our latest videos:
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https://youtu.be/VZfS6aBQ7rYGold and Silver Update w/e 3rd June 2016 - by illuminati silver
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https://youtu.be/74_hXkZiKaQUS FED warns rates may go up in June – we say No they won’t.
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https://youtu.be/btQ0wT-F71APanama Papers database goes online today
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