Friday, June 9, 2017

UK Election Chaos Sparks Selling Spree In Bonds & Bullion

Because nothing says sell safe-havens like a shocking election result in the nation at the center of European Union chaos...

Exit Polls signal May failure... sell Gold


At least bonds initial reaction made some sense... but since then it's been Sell the dip in yields and buy stocks... because more QE will paper over any political cracks, we're sure...


Some have suggested that this is due to the May colatilion implying a 'softer' Brexit, implying less global turmoil, implying less need for safety? We remind those 'thinkers', like pregnancy, there's no half-Brexit.

- Source, ZeroHedge

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