Brexit Fear, page-7

Hey!

My take is there could be two outcomes.... the ACTUAL impact and the PERCEIVED impact.

The markets are not rational creatures!!! Faaarrrr from it....

Brexit concerns seem to range anywhere from 'meh' to 'the end of the world as we know it!' type stuff....

What I think is worth bearing in mind is how the MARKETS might react.... Fear and greed and all that.

Brexit itself probably has little or nothing to do with GXY (in MY opinion)

But GXY trades on the ASX.

The ASX as a WHOLE is impacted by Brexit....

Vis a vis, there COULD be an impact on GXY as the market as a whole reacts.....

Again.... maybe this sentiment comes down to POV of holders... LT vs ST....

I'm in it for the long haul, so I'm a bit of a 'meh' candidate myself when it comes to this....

But if you've just topped up in the 50's, I can see why they may be immediate concerns....

Suffice to say, it's up to us to take our view and react accordingly.... If you think there's a risk, you might dump and buy back. If you don't care, just sit and let it unfold.....

Whatever you choose to do, good luck with it and I hope your strategy works for you!

J.