Thread: Brexit
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Old 06-24-2016, 07:50 PM   #50
tw
Read? I only know how to write.
 
Join Date: Jan 2001
Posts: 11,933
Quote:
Originally Posted by Happy Monkey View Post
Silver lining - it's probably going to be a very good time to buy stock.
These events are what currency traders dream of. Profit margin on currency trades are typically tenths of a percent. People such as George Soros have made fortunes trading at the expense of a country's Central Bank when that country had contempt for its economy. This is as much as 10% profit margins in only weeks or months - if one understands that market. Plenty of money to be made because the Bank of England has been forced to lose so many billions of pounds to protect liquidity.
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