Sunday, June 26, 2016
JIM ROGERS on BREXIT LEAVE VOTE - Prepare Yourself The Storm is Coming. World In Panic
In contrast, the front page of the Scottish edition of the pro-Brexit Daily Express read, Here We Go Again, and reported that Scotland “faced fresh constitutional chaos” after Sturgeon unveiled plans to pursue a second independence referendum within hours of the EU vote results. Nicola Sturgeon Says Scottish Government To Hold ‘Immediate’ Talks With EU
Scotland’s first minister said this afternoon she will establish an advisory panel with experts to advise her on legal, financial and diplomatic matters as she seeks to continue Scotland’s membership.
The age of globalisation began on the day the Berlin Wall came down. From that moment in 1989, the trends evident in the late 1970s and throughout the 1980s accelerated: the free movement of capital, people and goods; trickle-down economics; a much diminished role for nation states; and a belief that market forces, now unleashed, were unstoppable. France and Germany urge swift action by Britain as Tory MPs say Boris Johnson is preparing leadership bid
Adding to the sense of instability in Westminster and Brussels, the credit rating agency Moody’s cut the UK’s rating to “negative” and warned of a “prolonged period of uncertainty”. But after an emergency meeting of ministers from the bloc’s six founder members, Germany’s foreign minister, Frank-Walter Steinmeier, said negotiations should begin “as soon as possible” and that Britain had a responsibility to work with the EU on exit terms. UK food prices set to rise after Brexit vote
Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union.
Speaking outside 10 Downing Street, he said he would attempt to "steady the ship" over the coming weeks and months but that "fresh leadership" was needed.
The PM had urged the country to vote Remain but was defeated by 52% to 48% despite London, Scotland and Northern Ireland backing staying in.
UKIP leader Nigel Farage hailed it as the UK's "independence day".
The pound fell to its lowest level against the dollar since 1985 as the markets reacted to the results. "The British people have voted to leave the European Union and their will must be respected," said Mr Cameron. "The will of the British people is an instruction that must be delivered." project fear The Leave campaign argued during a bitter four-month referendum campaign that the only way Britain could "take back control" of its own affairs would be to leave the EU. "Jim Rogers" BREXIT "Stock Market" Pound GBP Forex UK Euro Europe "European Union" market trading Gold Silver Global Economy "Gold Coin" Future Humanity Vote Recession World Debt "Forex Trading" Scotland Bank Savings "Bank Account" "Savings Account" Offshore Elite News Media Entertainment Jobs British London
The PM says he fought "head, heart and soul" but that Britain now needs a new leader to oversee negotiations to leave the EU. Cameron Resigns After UK Votes To Leave EU The British people have voted to leave the European Union after a historic referendum in which they rejected the advice of the main Westminster party leaders and instead took a plunge into the political unknown.
Results from across the country suggesting the Brexit camp were on the brink of declaring a referendum victory saw sterling down 10% against the dollar The value of sterling slumped to a 31-year low on currency markets and was on course for its biggest one-day loss in history as panicking investors contemplated the prospect of a vote to leave the European Union.
Live Bank of England promises £250bn to calm markets after Brexit vote - live updates
Governor Mark Carney says the BoE has ‘extensive contingency plans’ to handle Britain’s decision to leave the EU, as shares slide across the globe
Results from across the country suggesting the Brexit camp was on the brink of declaring a referendum victory led to sterling reversing initial gains to leave the pound down more than 10% at $1.33, compared with $1.50 just after polling stations closed. That was the lowest since 1985. The pound was down more than 7% against the euro. The FTSE's slump was its biggest one-day fall since the collapse of Lehman Brothers in October 2008.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Who is Jim Rogers ?
James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator