The "black Swan" (a sudden and unpredictable event), about which so much was said economists had happened. The British voted to secede from the EU. Black Swan fluttered in the financial markets and brought them around the world. Japanese index Nikkei falls to 8%, the British pound depreciates against the dollar by more than 10%! Of course, all investors immediately run in gold - the yellow metal jumped by 5% (which is the highs of the year), reaching the level of $1335.
Expected falling oil prices. A barrel of Brent fell by 6 percent, falling to 47 dollars. Speculators dreading the opening of the stock markets of Europe. Yet, it is difficult to imagine how much will drop the stock exchanges of Germany, France and the UK. Of course, the ECB and the Bank of England will inject into the financial markets fresh portions of liquidity. The banks will refinance and theoretically will be able to redeem part of the rapidly desheveyuschih assets. But will it want? Loose monetary policy and so is not particularly helping the markets, and against the background of Brexit is possible to expect the beginning of a Domino effect.
The dominoes can start to fall not only in the financial sector, but also in the United Europe. Strong separatist sentiments exist not only in Britain but in Italy, Spain and other southern countries, which suffer from the hegemony of Germany and France. And now investors have to provide for the risk of EU collapse in the price of virtually all the world's assets.
And what is Russia? Despite the sanctions, the outflow of foreign capital, the country does not remain isolated from the global turmoil in the financial markets. After oil, will fall the ruble. The domestic currency can lose from 3 to 5% and the Central Bank will have to closely monitor the situation, and possibly even raise interest rates in order to cool the ardor of speculators playing against the ruble. Nothing good is waiting for the Russian stock market. The MICEX, RTS will now show a strong decrease. A lot will depend on how the financial authorities of Europe and the USA to cope with the panic. If it is able to quickly arrest measures monetary policy, then in Russia there will be a rebound after the fall. In any case, until the storm in the financial markets settles, the best way for conservative investors - gold.
<b>Alexey Vyazovskiy, Vice President of Golden coin house</b>