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Briton leaving the EU ?

rodoconnor

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Watch the price of Au if Great Briton exits the EU. I've heard some wild predictions.
 
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Herb if gold ever gets that high , my 1 grain of gold would make it all worthwhile ! :)

HMmmmm $15 a grain, $245 a gram, and $380/dwt.... yea, I could do that.
 
If it goes up great, I don't see it dropping down much, anyway you look at it, still a good time to go mining.
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just 10 years ago the price was much lower.
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The UK dumping the euro will be small peanuts compared to what will happen to the price of gold (not to mention wall street and our economy) when the world decides to dump the US dollar as the primary international trade note.........57 nations and counting are trying torpedo the buck. If and when that happens, the gravy train of cheap goods, fuel and low interest rates will be history as we slide into deep recession.

It happened to the Romans, Dutch and British and it will happen to us I fear sooner than later. Get ready to dig and move material
 
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The UK dumping the euro will be small peanuts compared to what will happen to the price of gold (not to mention wall street and our economy) when the world decides to dump the US dollar as the primary international trade note.........57 nations and counting are trying torpedo the buck. If and when that happens, the gravy train of cheap goods, fuel and low interest rates will be history as we slide into deep recession.

It happened to the Romans, Dutch and British and it will happen to us I fear sooner than later. Get ready to dig and move material

The U.K. has never used the euro. They are leaving a trade and international relations consortium, not a currency.
 
All the pain, as far as the naysayer's are concerned is only going to be in the short term. Everything will rebound, except for those that have money in the market dependent on the the EU. More freedom loving nations are talking about leaving, because their tired of socialism being foisted on them. Currency will go down, but real wealth like real estate and precious metals will stay stable, or rebound quickly.

By the way, that petition for a re-vote was a joke. Early on they found that 70% of the 2 million signatures were from outside the EU.
 

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