Celebrate Brexit By Turning Up The Heat, Gorging On Chocolate

Sure, the global economy would be in panic, but you can trade chocolate like a mofo.
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Safer than Sterling. By Lupus in Saxonia (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Photo: Lupus in Saxonia, Wikimedia Commons

So investors are, with a little more than a week to go, finally starting to freak out about this whole Brexit thing. Over at The Upshot, Neil Irwin doesn’t think they are freaking out nearly enough, not just about the potential demise of this whole crazy European Union experiment, but everything else, as well.

Well, end of the world as we know it or not, there are at least two places where you might yet be able to make a killing on the catastrophe.

The cocoa and U.K. natural-gas markets are two of the last remaining commodities contracts still denominated in sterling…..

If Britain votes to leave the EU, the pound is expected to plummet, boosting these commodities by making them cheaper in other currencies.

The Two Niche Markets Where a ‘Brexit’ Would Be Good News [WSJ]
Investors Flee Banks in U.K. and Europe, as Brexit Jitters Mount [WSJ]
Are Financial Markets Too Complacent About the Global Economy? [NYT The Upshot blog]

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