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David Cameron is out too.

KevinPotts said:
Have you moved into gold as well?


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I've never been a fan of gold.
It's a good defensive stock, but I prefer to speculate on a rising stock, and gold I see as a safe haven for a falling market.
With hindsight, I should have been in gold Thursday, as everyone expected a 'remain' result, so as that was factored into the price, it could only stay the same, or go up, as it did, if leave won.

Although I may be tucking away a bit when the dust settles, the suggestion is there is a major recession on the way, possibly globally now.
 
SunnyExpat said:
I've never been a fan of gold.
It's a good defensive stock, but I prefer to speculate on a rising stock, and gold I see as a safe haven for a falling market.
With hindsight, I should have been in gold Thursday, as everyone expected a 'remain' result, so as that was factored into the price, it could only stay the same, or go up, as it did, if leave won.

Although I may be tucking away a bit when the dust settles, the suggestion is there is a major recession on the way, possibly globally now.
Click to expand...

I can't see us avoiding a very significant global correction.

I will sit tight until better times (maybe 10 years+) arrive again:)


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