VRA FLASH: BREXIT WINS! This Is What Happens Next - Vertical Research Advisory

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VRA FLASH: BREXIT WINS! This Is What Happens Next

As it turns out, Mohammed Ali is not the only one that can shock the world. Our faith in the "possible" has been restored...maybe the little guy DOES have a shot, after all. As I live tweeted the emerging victory for #Leave, with ...

Posted On June 24, 20164 MIN Read

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As it turns out, Mohammed Ali is not the only one that can shock the world. Our faith in the "possible" has been restored...maybe the little guy DOES have a shot, after all.

As I live tweeted the emerging victory for #Leave, with each city reporting their vote totals, it began to become more and more clear that Brexit actually had a chance. Gold started to spike...then the VIX started to spike...and the British pound began to plunge (to 30 year lows).

Then, at 10PM Houston time, it became clear. With 60% of the vote in, it became a near impossibility that "remain" could win. By then, gold was up $40/oz, the VIX was up 31% and Dow futures were off 550 points...which is essentially where we find things this morning.

Of my roughly 30 tweets during the vote, here are the two that seemed to resonate the most:

‏‪@KHerriage

Ironic.The US fought/gained independence from Great Britain, but it took Britain leaving the EU for the US to begin regaining our freedoms

‏‪@KHerriage

I'm feelin...

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