Sunday, June 26, 2016

What Brexit Means
For Gold Going Forward
GoldMoney published essay on the implications of Brexit to the gold market .. "While only time will tell what the eventual economic implications will be, one thing is already for sure: The reality of BREXIT is shaking financial markets at the core. Asian and European equity markets closed with huge losses, commodity prices tumbled and currency markets are in disarray. We haven’t seen market moves like this since the credit crisis." .. conclusion: "A loss in confidence in the monetary system could have a far bigger impact on gold prices than changes in real-interest rates and longer dated energy prices alone."
LINK HERE to the essay

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