If you put Corbyn, BoJo, the traitor Farage and all his hard core Brexiters into a bag and kick the bag than you always kick the right person.
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Put Cameron into the above mentioned bag as well and the result will not change ;);
But its not one persons fault - what we have now is the result of British politicians of all colors blaming the EU for all the mess they used to create by themselves.
Like the fascists who blame(d) depending on the circumstances either the Jews. the Moslems or some other convenient scapegoat for all the problems their respective countries have, so did British politics blame the EU for all things the British used to screw up by themselves.
I agree but the most galling aspect is that the vote in favour was only by 2%. I have also been told by a residence in the UK they didnt bother voting because of the perceived confidence Cameron gave of the outcome. This could well break up the UK now that the Scots have a real reason to leave. I wonder what will happen to the Union Jack?
If Brexit indicates a pathetic delusion of exceptionalism or greatness, then only 37% of the electorate actually voted for it. The fact that 37% support can translate into an economically damaging and divisive Brexit with legal and other constitutional changes is down to the UK system.
Anyway, in the end I did add to my precious metals positions via Perth Mint Gold's fund. This is now 8% of my financial assets. It felt dirty buying gold at such high prices but whatever. I like the cut of Mark Mobius's jib and he said I should be buying gold at any price.
https://www.youtube.com/watch?v=DgLGIqhpwsA&t=1s
Will I keep it at around 8%? Probably. Most of my shares are now boring utilities and other dividend payers and I have cash on hand as well. I do have Rio and BHP which will probably sh*t themselves when the recession comes but I figure the world will still need copper and other commodities so I'll look away as they get cut in half, keep the DRP going, and think of sunny uplands.
The gold position is a hedge albeit a poor man's one. But importantly it means I will be able to stay broadly invested in the markets without too much panic. I've been too long at the Fair, like most of us, and my skivvy is stained with vomit and junk food from over indulgence on some exciting rides. It's the carousal for me from now on.