Brexit for Breakfast
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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Recent Comments
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Personally I think it great and agree with Boris Johnson100 % with his views. I live in Lithuania and so with the GBP falling I now lose over
100 USD per month from my pension !!!
Thanks Paul. There is indeed a diversity of views. The gold and silver market has certainly reacted.
If you want to see my opinion Mike, please read my blog!! What I think is too long to write here!! Stupid, Shortsighted, Blinkered Britain! Black Friday Indeed!
Historically, the UK has never been 'part' of Europe. She has fought many wars with, and for, many countries therein, but has truly not been a part of the Continent.
I mean Britannia 'ruled the waves' long before the rest of Europe got on the colonization bandwagon. At its most massive, under Queen Victoria, the British Empire controlled better than a third of the world's population and fully 40% of the landmass.
So, I'm not surprised that they chose to go it alone. I WILL affect certain things, like you say, but I feel that it will be better for the Brits in the long run. They don't have to stay under the strictures of the Euro Community's rules concerning pricing and trade. I am waiting for the morning news right now and I want to see where the London FT Exchange sits.
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."
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.
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.
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
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,
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.
I agree, the real repercussions won't be evident for a while. Nonetheless, the global markets are indeed in a tizzy.
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
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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I think it's a courageous move for the people of the UK, regardless of how the vote would've gone the UK will survive, grow and become a better Country - just one Kiwi's perspective.
Thank you Gaylene for your view.