Categories





The Phaserl








TheLibertyMill


LePen Euro Frexit Panic Over – “For Now”

by Mark O’Byrne, Gold Core:

LePen Euro Frexit Panic Over – “For Now”

by John Stepek, Editor of Money Week

OK, drama’s over.

The French election has turned out pretty much exactly as expected.

For all that some of the papers are leading with “French revolution” headlines, the reality is that a face-off between the right-wing Marine Le Pen of the Front National and independent/socialist candidate Emmanuel Macron of En Marche! has been on the cards for months now.

Marine LePen. Concerns about Frexit and the end of the euro has seen strong demand for gold in France and throughout jittery EU countries


So what happens now? And what does it mean for your money?

Looks as though Macron will win the French presidency

So what happens now? And what does it mean for your money?

Looks as though Macron will win the French presidency

Emmanuel Macron, the French Tony Blair, won about 24% of the votes in yesterday’s first round of the French presidential election. Marine Le Pen, the French Nigel Farage, won around 22%.

They go through to the final round on 7 May. The rest of the candidates are out of the race.

Who will win?

The polls say Macron. The markets also say Macron. The euro has leapt to a five-month high this morning. Bond markets are calming down – spreads across the eurozone region are tightening (for example, the gap between what it costs France to borrow money, compared to what it costs Germany to borrow money, is shrinking).

Read More

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>