RE: Good Morning !11 Dec 2020 12:12
Brexit is non event. Most of the world is shut and the stock market is hitting all time high. These markets are running on viagra (stimulus or QE infinity) .....it's all about when US sending out helicopter money. If they can get this stimulus through then we will have another big move up in the stock market and if they keep fighting then we will get a nice dip (20%-40%) before they panic and pass the stimulus bill. Brexit is not going to affect VAL or many of AIM companies. Think about it....how will it affect a mining company based in UK but has operations in Australia or Africa? See, it's a non-event! Just like the YK2 problem... Anyone remember that?.... Billions were spent and nothing happened! This is called marketing! Unless you are a supermarket then you had years to stock up! But i noticed many people here just panic because they don't think.
I remember the day the Brexit happened. I got a call from one of my clients who is EU doctor working in London hospital. He was crying on the phone to me because he thought that the government was going to send him back home. I asked myself several times how can an intelligent man in his 50's can act like this? THIS IS THE POWER OF MEDIA! People read and they believe without thinking.