Live Stoner Chat So is England about to leave the EU?

[derek420colorado]

I know there are a lot of folks here from the UK, is this as big a deal as the news is saying it is?

 

[MedLion]

Less immigrants flocking into Britian? Short term boost in exports due to slight devaluation in currency value, ?

 

[MedLion]

Fyi I AM marginally influenced by alcohol on the very short term so disregard my comments completely

 

[derek420colorado]

I have been wondering what the thoughts are from the other side of the pond for sure, I mean this is some historic shit! Craziest thing is this can never be undone unless they change the laws.

 

[derek420colorado]

Hahaha I don't judge and I honestly am just lookin for some other opinions from folks who are there and not just mainstream American media

 

[MedLion]

Most significant change for me was the drop in value of the gbp/jpy this week, almost 3000 pips!!

 

[MedLion]

But one could expect that i suppose, - eu refferendum = risk event = jpy buying (savehaven currency) & gbp selling due to uncertainty around eu refferendum) = gbp/jpy Down

 

[derek420colorado]

That is also the aspect I am interested in, today the GBP is valued at what it was in the 80's that is scary stuff it went from 1.52 down to 1.30 to the American dollar eeks

 

[MedLion]

Yes but Yellen whooood up the usd into the most overbought sky ever (to make her long usd retirement trade thrive lol) with artificially manipilated unemployment data via QE3 recently tapered it down promised rate hikes into infinity, NOW that the money printing stopped the economy needs to be damn goood by itself , IMHO sooner than later its gona b QE4 [emoji23] ....its bargain price to buy at this price id say against the usd atleast and perhaps a few others

 

[derek420colorado]

Yep u are spot on