Britain to exit the EU

Everyone knows British Prime Minister David Cameron is going to hold a national referendum on whether or not Britain should quit the European Union.

But even now — before the date of the vote has even been set — the Royal Bank of Scotland (RBS) is trying to help investors get ready.

Investment strategists there are aggressively recommending investments that should soar when Britain’s stocks and currency craters in response to the debate and the British exit (“Brexit”) itself.

“We want to make sure we’re ahead of the curve on it,” says Andrew Roberts, head of European rates strategy at RBS in London.

RBS is not alone. Commerzbank AG and UBS Group AG are also warning that the pound is likely to slide.

They have every reason to be concerned. Polls are showing that more and more Brits are in favor of fleeing the EU. In a recent survey, more than 97% of the respondents said Britain cannot get a fair deal in the EU.

The EU:Like a toy balloon in a room full of razor blades

Despite pallid media reporting … despite unfounded assurances from officials … my supercycle forecast stands: This month, the crisis in the EU is reaching fever pitch.

There seems little doubt that a Brexit would be the death knell of the European Union. Britain boasts the second largest economy in Europe with an annual GDP of nearly $3 trillion.

The loss of Britain, combined with Germany’s recent descent into deflation and economic crisis would almost surely spell the end of the Union.

My forecast stands: Barring a miracle, the European Union is racing towards a massive, crippling economic catastrophe.

Investments that rise when the euro plunges … that soar when European stocks crater … and that spin off huge profits as trillions of euros in flight capital move into U.S. dollars and investments … will make savvy investors rich.

Yours for supercycle survival and profits,

Larry Edelson

Senior Analyst, Weiss Research
Editor, Supercycle Trader


About Editor, cairnsnews

One of the few patriots left who understands the system and how it has been totally subverted under every citizen's nose. If we can help to turn it around we will, otherwise our children will have nothing. Our investigations show there is no 'government' of the people for the people of Australia. The removal of the Crown from Australian Parliaments, followed by the incorporation of Parliaments aided by the Australia Act 1987 has left us with corporate government with policies not laws, that apply only to members of political parties and the public service. There is no law, other than the Common Law. This fact will be borne out in the near future as numerous legal challenges in place now, come to a head soon.

Posted on October 24, 2015, in General. Bookmark the permalink. 1 Comment.

  1. Even if Britain leaves the EU it will be contaminated by Islam and its ideology of hate. Merkel, Muslims and Stasi, infiltrated by Russia, will leave Britain isolated and under intense pressure to take in Europeans who are being subjected to intimidation by Germany and Muslim bullies. After two World Wars, Europe is once more turning into crap.

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