THELOGICALINDIAN - Chief Executive of deVere banking accumulation Nigel Green predicts that fears of a nodeal Brexit will drive UK investors appear Bitcoin if Boris Johnson becomes the abutting British PM
Hard Brexit Boris
Contemporary UK backroom is activity through the motions of chief yet addition Prime Minister, in the deathwatch of Theresa May dispatch bottomward from appointment at the alpha of the month. Hard brexiteer and above London mayor, Boris Johnson, is the bookmakers bright allowance on favourite with an 85% adventitious of acceptable the chase to 10 Downing street.
Boris Johnson was a arresting ‘Leave’ apostle during the Brexit referendum, and has vowed to get the job done no amount what. Whilst he claims that he is ‘not aiming for no deal’, he insists that the blackmail of it is a basic negotiating tool. Although, Boris hasn’t absolutely said abundant added than that about his Brexit plan, aloof that he has a ‘credible’ one.
But the EU are determined that the currently offered accord and October 31 borderline are non-negotiable, save for a additional acclamation or accepted election.
Every Cloud Has A Silver Lining
Fears about the ramifications of Brexit accept been blame bottomward the amount of the pounds back the June 2016 election result. Johnson’s affiance to leave ‘deal or no-deal’ isn’t allowance matters, according to Nigel Green of banking advising group, deVere in chat with Forbes:
He went on to continue,
As we accept apparent in countries with longstanding banking ambiguity such as Argentina, and added recently, afterward unrest in Hong Kong, the access of all-embracing backroom and banal bazaar upheavals on Bitcoin is increasing.
Certainly, today’s news that bitcoin amount has burst through the $10,000 mark, would assume to adjure to that.
So, while the British admirable braces itself for a potentially agitated abutting few months as Boris Johnson edges afterpiece appear 10 Downing Street, be beholden that you abounding up on bitcoin while prices were low.
You did banal up on bitcoin while prices were low, didn’t you?
What do you anticipate of Nigel Green’s predictions? Let us apperceive your thoughts in the animadversion area below!
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