Re: EU Referendum
 

BBC update ...

http://www.bbc.com/news/live/uk-politics-35601369

"Boris Johnson is political box office. He is one of Britain's most charismatic politicians. So his decision to support Brexit gives popular appeal to a Leave campaign that has lacked a talismanic figurehead.

And polls suggest that his is a voice that many will listen to as they make up their minds. So the Mayor of London will transform the referendum campaign. But will he transform the result?

Until now Mr Johnson has won his votes as a jovial character in two regional elections. He is now testing his appeal on the national stage in a contest of historic importance. And that matters because Mr Johnson could be our prime minister one day"

Re: EU Referendum
 

It's difficult to see team CameronSturgeonGoldmanSachsFTSE100 not winning.

Re: EU Referendum
 

Not long ago we had the 'pundits in the know' posters hinting at the CAD-Sterling rate plummeting to 2.20-2.40...... hmmmm....
Can we have some likewise knowledgeable people suggest what might happen to Sterling if the outcome is Yes and likewise if the answer is No. Those who think the answer will be 42 need not contribute.

Re: EU Referendum
 

I think it will be 42.

Re: EU Referendum
 

Boris joining team Brexit has already dropped the GBP-CAD$ exchange rate to $1.93 to the GBP. (XE mid-market rates). We're going on vacation to UK in August, so there may well be a window to purchase some GBP around the referendum date! Thanks Bozzer...

Re: EU Referendum
 

likely a small investment gain could be had on playing this.

Prior to the referendum could the pound drop to 1.50 Cdn, then right after a NO vote it pops back up to 2.00 Cdn?

Imagine even with a small a $15,000 investment, one would get a 33% gain

Now, if it goes a YES vote, the market would have already factored in the FX based on that outcome. Then, within 30 days of the YES vote, after the dust settles, simply cash out the $15,000 investment.

I'll buy within one week before 23 June, if its in the 1.50 range

.

Re: EU Referendum
 

wonder how many folks would play this?

What about shorting the GBP:CDN?

https://www.tradingview.com/chart/GB...Shorting-Plan/

Re: EU Referendum
 

The SNP are Europhiles through and through. Their 'independence' demands consisted of being ruled by Brussels rather than Westminster. Because FREEDOM!

I could easily see a majority in England voting to leave the EU, but Britain forced to remain because the Scots vote to stay. That would just accelerate the breakup of the UK.

Re: EU Referendum
 

This was my point last year - if the Scots had left, the RoUK is much more likely to leave Europe, giving some of us a choice between a RoUK citizenship or Scottish/European. I knew which one I'd take (buy since have discovered you can actually retain both).

Re: EU Referendum
 

Boris with Galloway and Farage. There is a trio !

Re: EU Referendum
 

I saw Galloway on the Sunday Politics Show just over a week ago on the same panel as Stephensonofneilandglenys with Andrew Neil asking them questions on Brexit. Galloway was the only one who spoke with any clarity on the issue. No doubt Stephen will expect to further follow in the steps of his parents.

Re: EU Referendum
 

I see that sterling dropped a little today on the Boris and referendum news.
A cynic might wonder how many of his school and city chums might have made a few quid, knowing the man and chatting to him as they do.

Re: EU Referendum
 

So there is a "Charter of Fundamental Rights" where the British opt out appears to have no legal force?

The crucial missing part of Cameron's EU deal » The Spectator

Boris may get some of his legal advice close to home.....

Re: EU Referendum
 

Does the UK have any less control over its laws than Germany does?

Is this a bad thing?

Re: EU Referendum
 

David Owen for Brexit now...

If the arch-Europhile Lord Owen wants out of the EU, it should make us all stop and think - Telegraph