Along with several prominent hedge fund managers, a government minister, and a former U.S. Federal Reserve chairman, I just attended a closed-door conference. And I was privy to some surprising intelligence about the upcoming Brexit vote, as well as a secret agreement that’s been made between the major governments of the world…
You keep seeing the Brexit polls from various sources, but as you know these kinds of polls are notoriously unreliable. What you probably don’t know is that Prime Minister David Cameron secretly has extremely accurate polls that are only for the eyes of him and his cabinet, and what he’s seeing currently seems to be way off what the mainstream polls are saying.
Some of the prominent people I just met with told me, off the record, that they know what Cameron knows. Straight away, I figured out how I could place a bet on this insider information…
But now I believe I know the result, and I can tell you that the world will still turn after the vote, and you will still need a way to increase your wealth and income.
The global economy is struggling, and Brexit is just one problem among many in the world, but you can profit from all this massively.
This has been exposed a little as I write, but it would appear that Cameron’s intel is saying that the vote to LEAVE is a lot higher than the polls and bookies are suggesting. The situation is obviously changing daily, and when it actually comes to writing on the dotted line, will Brits back away out of fear and vote to stay?
Who knows, but in any case, what I’m looking at is across the other side of the pond as The Federal Reserve meets. With Brexit looming and lousy jobs numbers in the US, The Fed is almost certain to keep rates as they are for the foreseeable future.
What does this mean?
It’s bullish for gold, and I think we’re witnessing a new bull market unfold there, long term. Shorter term, watching the GDX- the gold miners’ ETF- hovering at a new support level around $26.
Based on what’s happened in the past, GDX (and anything gold related) should move higher if The Fed continues to make noises along the lines of “easing”. Only any mention of raising rates would send it lower, and in this fragile environment that’s hard to imagine.