Welcome to illuminati silver, we tell you
the truth about silver. Today is Thursday 23rd June 2016 and we are
dealing with the issue of Brexit and our belief on how it will affect markets.
In 1957 the Treaty of Rome was signed and in 1967 the European Community was established.
In 1973 the United Kingdom joined the EC and in 1975 a referendum took place which voted
by some 66% in favour of staying in. In 1987, The Single European Act was signed. This was
to create an internal market; “an area without frontiers in which the free movement of goods
and persons, services and capital is ensured.” In 1993 the European Union was created and
on the 1st January 2002 the single Currency was created which Britain opted out of.
Ever since, the UK and other EU members have constantly questioned the benefits of membership,
so much so that a referendum in the UK is taking place today, and the opinion polls
which have moved from in favour to stay to in favour to leave and most recently too close
to call, either way. Earlier this week, opinion polls suggested
that the UK may vote to remain in the EU and this resulted in gold falling from $1301 to
the current level of $1265 and silver less affected from $17.48 to $17.41.
The dollar index has fallen by 1 point and stock markets have gyrated somewhat.
The reason for this video is to warn everyone that the next 24 hours is crucial. If there
is no Brexit, something which the polls are gently leaning towards, then we shall see
a stock market boost, a strengthening of sterling, the Euro and quite likely the dollar and the
value of precious metals fall. If there is a Brexit, then we envisage significant stock
market falls, devaluations in the price of sterling the dollar and the Euro – particularly
the latter, and gold and silver prices to rise significantly – at least initially.
This is an index traders dream. The UK’s departure from the EU will create uncertainty
in all markets for some time and its ramifications will be good for gold in particular, and silver
as an associate. We still believe that the UK may just about stay in, but admit we could
indeed be wrong. Our forecast is 51% to remain and 49% to leave – but the figures could
be reversed. Either way gold and silver prices will be
affected and will create the momentum for the rest of the year.
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updates and offers. Our Facebook page which is updated daily can be found at facebook.com/illuminatisilver Disclaimer: Illuminati Silver owners come from a background
of Banking, International Wealth Management and Economics. Having now retired from these
worlds we are not qualified to give investment advice. Therefore, this and other productions
must not be deemed to be giving such advice and merely represent the personal views of