Brexit Today. Gold Tomorrow.

By Rich Checkan

As you read this, it is happening. The long awaited U.K. Brexit vote is in full swing all over Britain as 65 million citizens cast their votes across 382 different local area centers. Of course, by ‘Brexit,’ I am referring to the much heralded and long anticipated referendum to either remain part of or to leave the European Union (EU).

Early next week, we will share thoughts with you on the outcome of the Brexit vote and the resulting ramifications from a good friend and colleague in London. Nicholas Vardy, Editor of The Global Guru, will give us his take on the Brexit outcome direct from the epicenter of this historic vote.

Today, as the ballots are being cast, I’d like to do the following…

1. Let you know how the vote will unfold.
2. Share with you my thoughts on the impact on gold.
3. Suggest a way for you to save some money while garnering actionable financial insights for the post-Brexit world.

The Clash

I can’t help it. Whenever I hear Brexit, remain or leave, my mind goes straight to the 1982 Clash song entitled, “Should I Stay or Should I Go?”

“Should I stay or should I go now? If I go there will be trouble. An’ if I stay it will be double… This indecision’s bugging me.”

A couple things are very clear about today’s vote. First, it will not be decided today. Second, that will not stop reporters and commentators all over the globe from ceaselessly covering the event until the results are known.

And, that may not be until about 2AM or 3AM Friday morning here on the U.S. East Coast if the vote is a close one. Somewhere around that time, expect a press conference from Manchester where the U.K.’s Chief Counting Officer, Jenny Watson, will report the results to the world.

Prior to that, I suggest you get some sleep as the polls won’t even be closed – and the counting won’t even begin – until 5PM U.S. East Coast time Thursday.

I expect it will take a while to count and report results for some 65 million voters.

Gold – Remain or Leave?

According to the polls, the vote is a statistical dead heat. One day, the ‘leave’ side is at 45% while the ‘remain’ side is at 42%. The next poll has them reversed. In both cases, the variance is multiples of the slim 3% margin.

Simply put, this race is too close to call.

In my opinion however, gold’s fortunes are actually a bit more certain than the outcome of this referendum. I see gold winning either way.

If the U.K. chooses to remain in the EU, we are looking at business as usual… the status quo remains intact.

Let’s not forget, that status quo is a world of the following:

• Low U.S. and U.K. interest rates
• Negative European and Japanese interest rates
• Quantitative Easing (QE) and monetary expansion

Keep in mind, whether you are the benefactor of near zero or zero interest rate policy (ZIRP) or you are the benefactor of negative interest rate policy (NIRP), you are typically experiencing a negative real return on your investment.

And, although gold does not generate interest, earning no return with a real asset like gold is a better option than earning a negative real return, where you are guaranteed to lose purchasing power.

Of course, that is a big reason for the surge in precious metals since this bull market began in December 2015.

On the flip-side, if the U.K. chooses to leave the EU, it opens a whole new can of worms.

Since the plan for a U.K. departure from the EU will need to be negotiated and eventually set into motion, nobody really knows how this scenario will unfold. Most believe, if an exit plan is needed, it will be developed and implemented over the next couple of years, and it will come with severe monetary penalties for the U.K.

In other words, if the decision to leave becomes a certainty, the future of the U.K. and the EU becomes anything but certain.

Gold, as a safe haven, thrives in an uncertain world.

Post-Brexit Action Plan

You know the old adage… “Fail to plan; Plan to fail.”

I am certain none of us hope to fail. But, the first step in planning for success is gathering the knowledge to make a worthwhile plan.

To this end, we can help. And, we can save you a good bit of money in the process just for receiving this alert…

As I did last year, I will be attending and speaking at this year’s Stansberry Conference at the Aria, Las Vegas, September 19th and 20th. I encourage you to join me there.

Those of you who joined me their last year will no doubt agree you got your money’s worth – and then some. Those of you who join me this year are in for an even more spectacular and informative event. You will be exposed to the right knowledge from some of the financial world’s best analysts and researchers.

Of course, all your favorite Stansberry Research editors will be there along with me – Porter Stansberry, Steve Sjuggerud, Dr. David “Doc” Eifrig, David Lashmet, Matt Badiali and Jeff Clark. In addition, Porter has arranged for a strong cast of guest speakers – Dr. Ron Paul, P.J. O’Rourke, Steven Eisman, Todd Buchholz, Andrew Left and many more.

If you register here before July 1st, you will save $450 per person on the conference registration. That’s nearly 30% off the standard registration fee of $1,599 per person.

You get one-on-one access with some of the best investment minds in the industry, at arguably the best location in all of Las Vegas, and you save over 28% on the cost of registration.

By all means, join me at this year’s Stansberry Conference September 19th and 20th. I look forward to seeing you there.

Register here to make it happen.

Should You Stay or Should You Go?

By this time tomorrow, the Brexit vote will most likely be decided. In the meantime, consider…

1. You should stay with gold. It stands to benefit regardless of the outcome of the U.K. referendum.
2. You should go to Las Vegas in September to meet with me and the experts Porter has assembled to formulate your post-Brexit plan. And, if you can't make it to Las Vegas, you can still sign up for their Online Live Streaming Access Pass. You will still get all the great investment ideas, speaker presentations and access to the conference video archive.

And, keep an eye out for our report from Nicholas Vardy in London next week as the Brexit dust settles.

As always, call us toll free at 800-831-0007, or send us an email to let us help you Keep What’s Yours!