First of all I never though the Brits would leave the EU; I thought that would make too much sense and it would disrupt the globalist plan for larger governments across the world. As we saw the mainstream politicians Clinton, Obama, Cameron, they all backed stay. They like that one government controls more people. The non-traditional politicians Trump, Boris Johnson, Nigel Farage, all wanted to see Britain a sovereign nation again.
When I heard the news my friend text me when I was on my way home from the Guns n Roses concert in Detroit. Having just experienced the best concert of my life, I received even better news, the Brits declared independence! Well, England did, with the exception of London city, Wales, Scotland, and N. Ireland, who all wanted to stay.
I knew I was going to wake up to chaos in the markets so this is what I decided to do. The market immediately when down, so with some cash I had on the sidelines I bought an index that tracks the S&P. It dropped right away and I slowly bought it. We have to understand that the stock market is like an emotional girlfriend; it will completely overreact from small problems. I knew this was just irrational fear. A week later it recovered completely. It lost and gained 100 points in one week. As far as the talking heads on CNN, FOX, CNBC, etc. They will say one thing and the next day say the opposite. They need things to talk about or they don’t have a job. Everybody was saying this is going to ruin the markets, now everyone is excited.
Then I saw that the Pound Sterling hit a 35 year low! This was the lowest the Pound has been in my entire life. I didn’t get too crazy but I bought a little of the currency too. This is a long-term play, the pound will go back up and Britain will remain a financial and economic capital in Europe. People over react; I think logically. Buy when the sky is falling and have the courage to stay in, this will always be a lucrative long-term strategy.
This will be a good test for the whole western world; there will be more exits from the European Union and may even be a push to smaller governments. David Cameron already announced he is stepping down in October because of this independence vote. The elections this year are going to be exciting and might for once actually bring real change.