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Bobwins

06/24/16 10:55 AM

#169169 RE: Bobwins #169168

Dow and S&P500 down 2%+, gold and gold equities +4%

I think Brexit will fade now that it's done. Europe is going to struggle because of the uncertainty. Brexit signals a dissatisfaction with the way things have been going. Benefits of Quantitative Easing go to higher income, not working man. That dissatisfaction is exemplified here in Trump and Sanders supporters. Also shows that the polls aren't very accurate.

Microcaps sometimes escape the carnage just because they don't trade much. However, if there is a true panic, small volume can kill the stock prices and you can't get out because there are few bids.

We'll see how long the hangover is. What will CNBC talk about now that Brexit is off the table? They will fill the air will other excrement.

Keep your head down. This too will pass.

Check junior miners board for some gold picks.