gold, page-5778

Ironically the DAX and CAC are down 3x as much as the FTSE 100. But still I think focus should be on the 250. Would be like us saying the ASX 50 is down 1% while the All Ords is down 5%.

Leaving the EU will be good eventually. I think the EU is a masking of a huge amount of systemic issues that need to play out. It will take time though and it will affect corporates for months and years to come. When we already have markets that are overinflated, to cut profits even further has to have equity ramifications...if they were to play out without intervention