Andrew Anglin
Daily Stormer
June 24, 2016
The pound sterling has dropped drastically on the news of the Brexit.
BBC:
The London stock market has plunged more than 8% in the wake of the UK’s vote to leave the EU.
In the opening minutes of trade, the FTSE 100 index fell more than 500 points to 5,808.72.
Banks were especially hard hit, with Barclays and RBS falling about 30%.
Earlier, the value of the pound fell dramatically as the referendum outcome emerged. At one stage, it hit $1.3305, a fall of more than 10% and a low not seen since 1985.
The Bank of England said it was “monitoring developments closely” and would take “all necessary steps” to support monetary stability.
If I had liquid income right now – I don’t because I’m a broke-ass internet activist – I would move money into the pound as well as the pound.
Investing in the British stock market wouldn’t be a bad move either.
I can’t say when it would be best to do it, but probably sometime in the next 24 hours.
Beyond this, housing prices in the UK are going to explode.
The euro is going to collapse. If you have euros, get rid of them. If you don’t want to gamble on the pound, get dollars. That’s going up too.
Bitcoin is also going up, but that is always a gamble.
One thing is certain: over the course of the next year and a half, Britain is going to see a massive economic boom. Things will obviously dip for a while, and during the dip is when you want to invest.
I am not a money man, and am in no way qualified to give the advice I just gave. In fact, this isn’t even advice.
All I am doing is telling you what I would do if I had money.