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Re: Brexit
If instead of the Remain side saying that Sterling would fall, they said it would rise, then it would rise, instead of fall.
The markets follow the prediction, NOTHING ELSE. If the prediction is that it will fall, then they have to sell as quickly as they can to get the best price. Guess what happens when they sell? The price of Sterling goes down making it FALSELY look as though the prediction was right. It was the ANTICIPATION of a fall that created the fall. Not only that, but once the price has bottomed out, they can buy back Sterling at a LOWER price, thereby ending up with MORE money than they started out with.
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