Brexit for Breakfast

Last Update: June 24, 2016

Big news this morning: Brexit passes, Britain has voted to leave the European Union. This has big implications for one of my niches: Gold and Silver. What do UK (and other) WA members think of the results of this vote?

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Marcus1978 Premium
Ooh, you're on thin ice starting a topic about this.

To quote Kyle's rules which are provided (via a link) when you post here:

"Keep religion and politics out of your posts. Everyone comes from different walks of life and you know how fired up people can get about these topics. It is best to stay away from posts like this for the better nature of the community."
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mjdimarco Premium
Hi Marcus,
I appreciate your concern. This wasn't meant as a political pro or con. My interest concerns more the economic repercussions of the move. Clearly the markets are reacting to the news.
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Marcus1978 Premium
But you're posting about the most controversial topic right now. There are clearly passionate opinions on both sides. It doesn't really matter what your intentions are, people are going to dive in with their political opinions, as they are already doing.

I'm not saying this is not a great topic for discussion, because it is. I'm just saying there is a place for it, and WA is not it. Not my rules either, but Kyle and Carson's.
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KatieMac Premium
I am in Scotland and have lived in England in various places so I can understand the vote to leave, and as Mark says we will get on with it
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MoritzS Premium
I am living in England and can't understand the vote to leave. ;)
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mjdimarco Premium
Thanks Katie. Hope it works well for you.
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KatieMac Premium
If you go to the big inner cities from midlands upwards then yes I can and all lot of the port area's they are struggling to cope with the pressure of dealing with a large population, high unemployment and area's poverty,
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MoritzS Premium
We'll see what happens.
Pretty sure my company will consider moving their branches in England to a country in the EU.
We have people working here from all over the world and it was easy until now to get a visa for almost everybody.
If this gets more complicated now, they might take action.

But a bit too early to know what will happen.

Quite like this image here, though.
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theresroth Premium
Typical, but fortunately there are exceptions.

Too few, though, or not heard......
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mjdimarco Premium
I agree, the real repercussions won't be evident for a while. Nonetheless, the global markets are indeed in a tizzy.
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Nikiska Premium
Shame :(
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mjdimarco Premium
Thanks for commenting.
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Mark Tait Premium
Hi - I'm in Scotland.

We do business all over the world - so perhaps naively I don't see a business issue with it - if you still want to buy Whisky from Scotland, you will. If I still want to order snowglobes from China (which I am) then I will.

The EU is one small part of the countries of the world - being in it or out of it won't stop us trading with America, Canada, South America, Africa, Japan etc etc etc etc.

To me, it's more political - and I don't think it will affect us as much as the initial panic that seemed to follow the announcement.

Cheers, Mark
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KatieMac Premium
well said Mark I am with you on that
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Chrissies Premium
I'm seriously thinking of moving to Scotland!! :)
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mjdimarco Premium
Thanks for your point of view. I hope you are correct. I think you will be.
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Mark Tait Premium
Aside from the politics - it's a beautiful place.

We've just invested in a new local crowd funded distillery in our local town - set in the shadow of Ben Wyvis - Glen Wyvis Distillery - so things are looking good (at least in that respect) :)

Cheers, Mark
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KatieMac Premium
Why not Chrissie I feel we are blessed to have a nicer way of life
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Chrissies Premium
It does seem so Katie :)
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