The weekend BREXIT poll shaped markets as soon as Asia opened today. The GBP bounced 1% from the open while global equity markets followed with DAX, CAC, Nikkei, Shanghai all over 2% better than the Friday close. Treasuries and Gold saw profit-taking as we saw a 1% decline from the opening bell. Japan did release Im/Export […]

  There is disturbing opinion circulating that Jo Cox may have been assassinated to prevent a BREXIT vote. Many are starting to believe there is a conspiracy plot to ensure a sympathy vote to remain within the EU. People are pointing to the familiar tool of assassination often used to achieve political agendas. Of course, […]

If everyone in Britain were to vote on whether to kill the pound and adopt the euro, I seriously doubt there would be more than a 10% vote for such a decision to end the pound. Many say if they had to end the pound, they would prefer the dollar to the euro. Yet, this […]

Based on the fact that the majority of big money trades fundamentally, we should expect the overall trend of the euro to rally against the pound. We can see that the euro has been strong, rising sharply, and we may yet see a further rally. Keep in mind that the LONG-TERM projections are bearish for […]

The propaganda to keep Britain in the EU is highly dangerous and an outright fraud upon the British people. On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This is an incredibly important vote for it will determine […]

I have been warning that this has been, perhaps, the most sold rally in history. Domestic buyers and net foreign investors are both approaching historical lows. This is the most shorted market ever. Yet, the chart pattern defies all their selling. This is setting itself up for the pop to the upside because the selling […]

The propaganda to keep Britain in the EU is highly dangerous and an outright fraud upon the British people. On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This is an incredibly important vote for it will determine […]

COMMENT: Dear Martin, Another element that strongly supports your view is that US equities will fly at some point in the future. If you take the trailing 10y avg real earnings yield from S&P500 (you can easily get them from Shiller’s site) and you normalise it by the 10 year US yield you get the attached […]

  The debate shifted following the Jobs Report, and people now assume that the Fed will not raise rates. Hence, we have a bounce in gold and the euro. That makes no fundamental sense regarding gold since higher rates indicate inflation and lower rates warn of deflation. The real confusion has been that most only focus […]

On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This is an incredibly important vote for it will determine the fate of, not just Britain, but Europe as a whole.

This vote will decide the fate of Britain and Europe, and will directly impact the trend in global currencies that will impact the United States and the fate of the dollar.