COME GET DRUNK AND SHITPOST ABOUT BREXIT

>Who else shorting the pound???

If UK stays, SVXY will by a great buy tomorrow on open. It would have been better to buy before market close today though
I was planning on doing it but the market was so green today and I saw a gap play that I reallllly wanted to jump on overnight fuck now I'm stressed

KNIFE EDGE FUCK

what do i buy if UK leaves?

hopefully they rig the vote to "stay" like they rig everything else.

They're gonna stay, mark it.

Leaving would cause financial panic because the euro is already shit and they need the UK

UVXY and TVIX

GBP - Better to get in at the bottom friendo :^)

in the US of A when an election is this close they just fudge a few numbers and and get what ever they want.

If that was true, the leave vote wouldn't have so many votes.

I think the people want it buuuut you know about how those things go etc.

What will the GBP to AUD exchange rate be by the end?
Earlier this week, £1 got you roughly AUD$1.95
Today it's gone up to 1.98, then down to 1.94.
I have money in the UK i want to transfer to Australia

>but the market was so green today
Dude it has been going up irrationally for a week. Even with a stay vote the market just goes back to rates are gonna go up. If leave wins dow is going down 400 points tomorrow!

liverpool in
hold me guys look how close this shit is
how long would it take for things to stabilize if UK left EU?

So if they do agree to leave can we safely conclude that Bongland are the dumbest people in the Anglosphere?

no

Brexit is good for the UK
Bad for globalists and bankers

between UVXY and TVIX, which one is likely to jump more if the UK leaves?

How would Brexit be good for the UK? Did you even watch John Oliver? youtube.com/watch?v=iAgKHSNqxa8

>sovereignty is a bad thing

this fucker is lucky our country has a constitution

die in a fire pls.

honestly your too late too profit from a volatility eft. Most the volatility will take place in the first 30 seconds of market open if UK leaves. You will be too late to get the stock you want at the right price to maximize gains. If UK leaves your better off waiting for the massive dip and buying a good stock at bottom dollar price and holding it while the economy recovers. Take your pic, whatever falls the hardest

If Brexit, how long before the GBP returns to pre-referendum value?

explain?

200 euros to spend, money i don't care about, what should i throw this into and go to sleep?

John Oliver sure is a credible source of unbiased information.

how would it only last 30 seconds?

The brief rumor that the UK would stay in the EU caused it to drop 20%

imagine if the UK leaves? that shit is a rocket waiting for a light.

holy shit, the uk is doing it. They are going to leave. And i cant change my portfolio right now.

just hold your money. We're like half a percent from it going either way. If you make a bet now you have a 50% chance of making money and 50% losing. In the stock market 50% chance of success is pretty shitty
Uh cite one of his episodes that you think was biased? I'm not saying I love his show, but look at the topics he covers and dives into. What alternative motive would he have? They're all good topics. He has an episode on Patent Trolls like VHC, and how its being addressed, Payday loan companies, etc etc. He basically investigates scummy business practices. How on Earth does this piss you off lol

hahaha mother fuckers, you're all finished.

anyone?

Oh shit nigger. Should I put in an order to short the pound?

Or should I wait til there is blood in the water tomorrow and buy it for cheap as everyone is dumping it?

As much as I hate the bilderberg mafia I'd rather have the EU in tact and so therefore postponing the worldwide trillion dollar collapse that may ensue.

It will give me time to build my portfolio and prepare for the inevitable.

its the question nobody knows the answer too
"Nobody knows at this point how the world would look like with the U.K. out of the E.U.," said Emanuel Adam, head of policy and trade for BritishAmerican Business, which represents companies in New York and London. "This alone creates an uncertainty that businesses don't wish to see."

The United States exported $56 billion worth of goods to Britain last year, but that number is dwarfed by the $588 billion in U.S. investment there, in sectors ranging from banking to manufacturing to real estate. Likewise, Britain has plowed nearly

half a trillion dollars into the United States and employs more than a million workers here. Those deep ties mean that trouble on one side of the Atlantic easily can migrate to the other shore.

The heavy-equipment giant Caterpillar exemplifies the dilemma facing American businesses in Britain and the potential ripple effects of the referendum. The company manufactures heavy machinery and is headquartered in Peoria, Ill. More than 55 years ago, it opened its first facility in Britain, and now Caterpillar has 9,000 employees and 16 plants there making equipment, such as backhoe loaders and mini hydraulic excavators.

Much of that production is exported throughout Europe and other parts of the world, eased by the E.U.'s open market and standing trade agreements. A Brexit would undermine an economic alliance that the company has called "fundamental" to its business: Roughly a quarter of Caterpillar's sales and revenue comes from its European business and the more limited operations in Africa and the Middle East.

>because oliver is right about some things this means he is right about other things :^)

Just lost £200 betting that there would be a rally in the pound against the dollar

I'd wait a bit.

Because specifically the Brexit video is very bias. He goes into great detail about what is wrong with the leave side's campaign but doesn't talk about all the issues with the stay campaign other than crack some jokes. If there was literally no ground for the leave campaign to stand on, do you think they would get any real support?

Its not about him being right or wrong, I'm asking simply to cite where you think there is bias in his shows? I find his personality annoying as shit and I dont know if he has a laugh track or thats an actual audience but its pretty awful. But I have a hard time finding bias in his show. And I watch his show regularly despite hating his personality because they are insightful and the journalism from his team is quite thorough. If more of the /rhg/ guys watched that they wouldn't have listened to Noko and invested their life savings in $VHC and Leo (rest in peace) wouldnt have killed himself over losing his kids' college funds on that one

LEAVE IS GOING TO WIN IT

RULE BRITANNIA

FUCK ALL YOUR PORTFOLIOS

Then you tell me what ground the leave side has to stand on? Because the more I read about it, the more it makes absolutely no sense. It's about "muh independence" but they don't realize that its going to hurt them in every way. Higher taxes to trade, hurt the domestic GDP and job growth, their economy is going to tank hard. If trade taxes are higher in the UK than companies will pick up and move the same way we outsource jobs to evade taxes. There is literally no point. It would be like us leaving NAFTA.

Immigration is the only one that makes sense to me. This is all about the fucking muslims

Econ illiterate here:

What will it mean if the UK leaves the EU? Is it only going to be a temporary sink or will this essentially cripple every yurop? Will UK be better off? Does it even matter for the US?

the amount of regulations that the EU puts on britain sucks the life out of the British economy

Watch the fucking brexit movie you idiot
how have you not looked into this thing until literally right now?

this

I have nothing as a cushion if the economy hits the fan, except cash.

Expect all your share prices to go to 0 tomorrow. You'll be broke. This is big. BTC? To the moon. 10,000 by morning

yuropoors will burn up but britain will be ok in the end

its a good thing for britain

immigration
and being part of an undemocratic state, where (((the bankers))) pick every law, every rule, everything you will ever do. Oh and here's more muslims.

youtube.com/watch?v=U-nwKX6LrC4

OFFICIAL BRIT/POL/ STREAM HERE

leave at 51.1% 10 mins later 51.2% 10 mins later 51.3%

So basically tomorrow is going to be a great day to essentially buy anything?

What about the major point about country after country is failing in the EU? Literally, the only 2 countries that aren't in recession and needed a bailout was UK and Germany. Greece comes back over and over again for money and they have to fork it over.

If your economy is doing relatively decent, do you want to be dragged down by the rest of the EU?

Now 1 true point to their campaigning is the part about the experts are wrong very often and lots of what they pitch are driven by other agendas. I mean, how many predicted the last few recession that hit? The housing bubble?

What about something that hits closer to home like the pound? When UK joined, experts were adamant that by not adopting the Euro and keeping the Pound, they would be digging their own grave. Years later we can clearly see that they were all wrong. All the arguments against the keeping the pound are the exact same things UK is pitching about the EU. They were wrong once, why would they stand to believe them this time?

anybody making money off of the uk leaving the eu? how?

if you do forex you can short the GBP

if you do futures you can short the FTSE

if you do american stocks you can buy gold and oil tomorrow

or just buy bitcoins lol

No because this referendum will actually change the way the stock market works. It reinstates the colonial tax by allowing share prices to go into the negatives. You'll not only lose money, you'll OWE money, and it all goes directly to Britain.

Any suggestions on which stocks for Americans?

>Country after country in recession
The Global Economy is tanking ever since 2008, just because we're stimulating our economy by adjusting interest rates and printing money doesnt mean things are actually going well right now. China is right now trying to figure out how to deal with their impending housing market crises. I'm not one of those guys who run around saying "The economy is going to tank tomorrow, its all a bubble!" , but in truth it is all a bubble. We're paying for debt with debt and we dont have a sustainable plan to ever get OUT of debt. We're just bullshitting our way by and other countries are realizing their economies are fucked, 1 by 1.

EU vs pound, yeah a uniform currency is going to make everyone approach a median. If we all adopted bitcoin tomorrow it wouldn't be any better. Same way as high pressure moves to low pressure, Bernoulli principle, everything moves towards uniformity. Look at what this is doing to the pound already! As the vote swings to 'leave' the pound has lost 10 cents value. If they actually leave the pound may be worth less than a dollar. All your arguments are going to be proven wrong if they leave by sunrise.

>trying to actually have a level-headed discussion on Veeky Forums

It's time to leave, friend.

GLD
NUGT
USO
UWTI

Avoid banks

If you are going to buy then I would stick with something heavily discounted that is not dependent on the EU. Maybe Chipotle, netflix, etc.Don't buy anything unless it is heavily discounted. This actually may lead to another US recession, so don't rush to buy on friday.

Thanks for the advice. Would you recommend selling what I do have right away I'm anticipation it tanks further.

Mostly have sdrl and lvs right now.

Ffs was Braveheart a lie? What happened to "give me liberty or give me death?"

SDRL will rise if oil rises i would think

LVS who knows lol casino stock you are literally gambling right now

...

>Would you recommend selling what I do have right away I'm anticipation it tanks further.

I sold 2/3 of my stock anticipating this. I'm keeping like $4000 in VOO, because I can take the risk of it going down because I wasn't ready to sell anyway.

Too late to sell. DOW will open 400 points down.

I have 15k in pounds. How fucked am I?

TOTALLY FUCKED

Don't buy tomorrow. The markets will drop a few % and crash on Monday. Have a buy list of stocks ready for Monday or Tuesday

Spend it on hookers and blow tonight.

Thanks. Figured as much. Been long on lvs since 07. Wish I would have bet the farm when it was at $2 but instead only threw 5k on it. Ah well.

You are royally fucked if UK leaves EU.
>Dragged down by EU's recession, keeping the pound saved them
The pound is right now worth what it was worth in 1986. How's that for recession?

This fucked

I am not talking about just technical recessions, it is full blown ones. You can tell by the shrinking GDP, the high unemployment and high debt loads most the EU countries are in. Being the UK, do you want to pulled into this?

As for the EU vs Pound, currencies aren't an indicator of economic strength shown by the Yen. Japan is trying to devalue their currency and it is doing nothing but go up. As for what happens tomorrow, did you also factor in the more than just tomorrow? What about the S&P 500 gaining 100 points in 3 days? They are betting on something long term instead of short.

Literally all my assets are in GBP. How fucked am I

oh snap, is the EU really the reason they are flooded with Muslims? If so they will DEFINITELY vote leave.

Don't listen to this guy about oil.
Pound is crashing, so dollar will rise big.
Oil is in dollars and higher dollars means less oil sales. Oil stocks will go down!

ill give you 20k usd for it...19k...18k...17k...

> what are currencies

Implying that a lower pound is necessary a bad thing when every single country is lowering interest rates to try to devalue their currency.

I won't need the 15k anytime soon. I'll be fine...

yeah man
youtube.com/watch?v=rNJ05NfM-4Y

first time I've laughed all night thanks for that

youre fine. you missed your opportunity to sell so ride it out. itll be fine in the long term.

Why did you not think until RIGHT now about doing anything about this?
How does a shrinking GDP of other EU nations impact UK anymore than it would if UK was out of the EU? Either way it hurts them. Yes having a seperate currency would provide a layer of protection but at what cost? If the UK stands alone the pound is going to lose all value anyway. The world is eventually going to use a uniform currency, I think its trending towards that (despite not being a bitcoin holder myself).

I'll get one

Rock and fucking roll uvxy!

maybe... i guess that makes sense...

you could always play inverse index ETFs like

EPV
YANG
RUSS

>itll be fine

>maybe... i guess that makes sense...
Trust me man I've been following and investing in Exxon for a year. Sold a few days ago.

well Veeky Forums doesnt seem to understand that reactionary moves are, by necessity, shitty ones. if you have to sell out at a certain value, so be it, but dont think you can reposition and make solid gains.

you need to do all this beforehand. people are very bad at avoiding risk concentration. your best bet now is to ride things out and pony up some more cash near the bottom. can also consider taking modest premium writing decently out of the money calls on long positions

but i mean, why would USD/barrel change based on the GBP falling

USD isnt getting stronger in general
its just stronger in /relation/ to the GBP

because GBP falls

I honestly dont think the oil price is going to be affected the way you are thinking

then they will stay. Globalists and bankers control literally everything and they will never let it happen. I'm surprised they are even letting the people vote.

Actually Scotland turn out was pathetic. Remain was counting for a biggest blow out. England has Voted in the majority for leave with the exception of the liberal stronghold cities. Wales was also key for remain and leave won.

It is over at this point Brexit is the most likely scenario unless the UK puts an Austria with the mail in votes.

thread theme
youtube.com/watch?v=1lWJXDG2i0A