Markets around the world start freaking out

cnn.com ^ | June 23, 2016 | CNN

[Berlin_Freeper]

With investors on razor's edge, markets around the world turned sharply negative as initial results from the British referendum on European Union membership showed a nail-bitingly close vote. The pound plunged to its lowest level since 1985 as results gave a narrow lead to the Leave campaign. Amid volatile trading, the British currency sank below $1.35 after earlier touching $1.50.

[EagleUSA]

Yeah, and the earth was going to explode at 12:00AM on the millennium change too. A lot of hype about very little in the long term. It will be good for the UK if they get away from the EU....just a bunch of power-mad socialists.

[gaijin]

Taking a little medicine NOW instead of A LOT later.

Sounds good to me.

[familyop]

Looks like the U.K. is leaving the E.U.

51.5% Out
48.5% In

278/382 results

[qam1]

I wonder how Gold & Silver are going to do?

[CWW]

Sky News is all but saying it’s over. Brexit has a 700k vote lead. Lots of gloom and doom from Remain folks pretending that it’s not over yet.

[MeneMeneTekelUpharsin]

The opposite of what they should do. I guarantee it.

[Berlin_Freeper]

Pound down to 1985 level.

My the result fully counted it could be 1885.

[DocRock]

Gold is up 40/oz

[familyop]

51.6% Out
48.4% In

283/382

[familyop]

http://news.sky.com/watch-live

[ConservativeMind]

I like the BBC talking heads. They grill the Labour party idiots quite well, leaving them babbling into nothingness.

There are no real issues with the world economy and a BRexit. This is just hype over hype.

[MeneMeneTekelUpharsin]

Here you go, "mate":

Click here for up-to-date results.

[ameribbean expat]

First order of business for the Fed tomorrow? Suspend mark to market accounting.

[disndat]

I’m freaking out. I should have gone to bed 2 hours ago. But I am watching a couple of live Brexit links.

[entropy12]

What Brexit will do:

1. Stop people from 27 EU countries to have free access to move to UK and take jobs away from UK citizens.

2. Stop welfare benefits to people from 27 EU countries to move to UK and stay as long as they wish without needing visa. That will soon include all those Muslims Germany and others have imported with promises of amnesty towards citizenship.

[Berlin_Freeper]

Tells you something about those who insisted “leave would never be allowed to happen”.

[CWW]

If you stayed pat in the market this week based on projections of a Remain victory, tomorrow will be ugly for you and many others. The EU is now a hollow entity if the results hold.

[familyop]

51.6% Out
48.4% In

301/382 results

[entropy12]

The polls were wrong.