Transcripts For FBC Risk And Reward With Deidre Bolton 20160

Transcripts For FBC Risk And Reward With Deidre Bolton 20160623



europe. they don't like being told what to do by a group of bureaucrats in brussels. >> europe changed from all recognition what we signed up for in 1972. >> my inclination would be to get out, you know, go it alone. it's a mess. >> to leave the eu would send a signal to the elite that political class, the bureaucrats, that they can only go this far. >> we can vote to take control of our country back. we can vote to get our borders back. we can vote to get our pride and self-respect as a nation and who we are as a people back. >> the idea that we can do better by staying in the eu i'm afraid a sham, a snare and a delusion. >> brits don't quit. we get involved. we take a lead. we make a difference. >> if we vote leave, and take back control, i believe that this thursday could be our country's independence day. [cheers and applause] deirdre: polls are just closing now in the u.k. at issue, whether the uk will leave or stay in the eu. this is risk and reward. i'm deirdre bolton. as soon as we have early indications of the results we'll bring them straightaway to you. it's a decision that has global repercussions. if you invest we'll tell you how it will affect your money. fox business's team has you covered. we'll bring you first to london. charlie gasparino on the ground there. you can see as well as adam shapiro in berlin in germany. charlie, first to you, polls just closing. what was the tone? what were people telling you today as they went to vote? >> polls just closing and guess what's opening now? the brits can actually report on this and give opinions. there has been a news blackout for the last 15 hours since polls opened this morning. british television is airing opinion about what is going on. listen, man on the street, i have to be clear it is 50, 50. the polls themselves, not the polls where you go to vote but the polls we always cite, split down the middle. maybe an edge to remain. bookies heavily in favor of remain, heavily in favor of remain. why you saw markets go up at the end of the day big time. if there is big time, if britain exits. expect a market selloff both in the u.s. clearly selling pressure on the pound. you will be hearing how s&p and moody's might downgrade country's sovereign wealth and credit. i will say this, and i have never really seen something like this before where the establishment, from wall street, from the media, from most politicians, even the celebrity class, have been so much against an issue like this. they are against "brexit" in a way that i have never seen before, for remaining. it is going to be pretty -- just based on that to me, seems like "brexit" is huge uphill battle to achieve. we'll know in a few hours, 3:00 a.m. our time here. the final tally will be known and we'll know whether they're in or out. reading the tea leaves and that's all they are, tea leaves, it just doesn't look good for "brexit" but we'll see tonight. deirdre: charlie, thank you very much. depending on you throughout the evening. the night there for you for coverage. we'll bring you now from charlie gasparino in london over to berlin. adam shapiro is standing by. so, adam, we just heard the point of view from london. what are people telling you in berlin? how do they feel about this? >> reporter: it's a great question to ask, for instance we've been at the brandenburg gate. it attracts people all over the world. spoke to people from the uk. i showed you video from polling in the united kingdom there were brits here who already voted early and they were telling me, i heard this from a couple of people their hearts were to leave. they were in favor of "brexit" but their heads they said, vote to stay. so despite their hearts saying leave, they voted to stay. that is a small group of people we spoke to. but here in germany angela merkel talking about the fact she hopes, this was just today at a press conference, she hopes that the eu will remain intact with the uk voting to stay within the eu. there is also the fact that they're looking ahead to the future. the chancellor, or prime minister from france will actually be coming to berlin ahead of an eu summit in which eu leaders from all of the eu nations will be meeting in brussels next week, talking about how they go forward no matter the outcome from the vote in the united kingdom. there was an incident today in germany which distracted people for a few minutes. it was taking place south of frankfurt which is about five hours south of where i am in berlin. a man went into a cinema. he fired a gun four times into the air. took about the 17 people hostage. german security forces moved in and they shot him and he is dead. nobody was injured by this man, even though he did take some hostage. there were people injured by the tear gas which the police officers fired to subdue the man but, this is not expected to had any real impact on the voting in the united kingdom. what they're talking about right now is how you go forward regard let's of the outcome, deirdre. deirdre: adam, thank you so much. adam shapiro with us there from berlin with the point of view from the continent. opposing views on the possibility of the uk leaving the eu from former mayor of london boris johnson, and also uk prime minister david cameron. so you will hear one clear vote for "brexit," one clear vote against. >> this vote, if we leave, is irreversible. if you jump out of the airplane, you can not clam per back up through the cockpit hatch. >> if we get it wrong, vote to remain i want to get over to people, that is it, we're locked in the backs of the cargoing in the wrong direction. deirdre: we have our own pro and con right now on the economic angle. trump's economic advisor steve moore says the uk should get out. and remainder, putting that in quotes, lbv asset management chief economist corneal yaw meyer. welcome to you both. glad to have you here. corneallia. almost halve the uk's exports go to europe what happens if the uk loses favorable terms, is that a threat that would never happen anyway? >> i think that is real and present threat. if you look the uk's number three country in terms of receiving foreign direct investment after the u.s. and china and foreign direct investment has created 88,000 jobs in this country over the last two years. a lot of these investments are in the manufacturing sector. it is japanese car manufacturers, indians, american companies and they're not here for the 64 million uk people. they're here for the 7,471,000,000 people in the -- 741 million people in the eu, if they lose the terms, they will lose the terms, they will have to negotiate, it will be very, very tough. it will be uncertainty for about two, three years. deirdre: okay. so hold that thought. we are just showing right now a few of the polling stations. as we mentioned we do in fact can tell you that the polls have closed in the u.k. we'll keep you up-to-date as soon as we get early indications on what is going on. we are feeding you live feed from our sister channel, sky news. so steve, to just go back to her point on this idea that manufacturing would be hurt in the uk, and therefore the economy gets weaker, and, the uk becomes, by definition, a much smaller power, does it lose negotiating muscle? >> well, look i actually think she makes a very strong case for why britain should stay in the eu. she is right. the strongest argument for change is exactly what you said. as we know, deirdre, london is sort of financial capital of europe. that is one of the reasons london is really booming right now. my argument against britain staying in eu, is different one. worried about the direction europe gone in last three years. i would worry british gets european disease, high tax rates, high welfare benefits, mass immigration. deirdre: steve, that's a great point. i have spent a lot of time in various countries there. asfrance in particular, started out as fairly wealthy country has dragged people down through taxes and really inhibited innovation. what do you make of steve's idea of eu getting dragged to the left and maybe to the detriment of business? >> on the contrary, i actually think it is very important for the uk to remain in the eu, very important for the eu to remain in. especially germ mans. why is angela merkel and so strongly for the uk remaining in eu. we are, a force for good. we are a force for free trade. we are a force for free economy. , if we're include we have very strong voice. we have a strong voice. if we leave, we are outside. we don't have that voice, still be affected by a lot of rules and regulations of the eu if we want to trade with them. ask the swiss, ask norwegians, exactly that position. so given reality of our economy, materiality of our political clout, we should stay in because we can be we have been and will be a force for good. >> let me answer that question about, you asked the question, why do some of the europeans want the uk to stay in. the answer to that is very clear. if i were european i absolutely want britain in. deirdre: uk economy is a star. >> because it is strong. not only that, deirdre, the uk is a big subsidizer of europe through the eu. the uk would save money and taxpayers would save money if they got out. my estimates are 10 to $15 billion the uk has to pay in for privilege being part of the european union. so of course germany and these other countries want them to be payer. deirdre: steve, some people say that money in part flows back to them. >> well -- deirdre: we have to leave it there. we are going to be monitoring these early results. i thank you both for the conversation, steve moore and ccornelia meyer. we have latest coverage all night. as soon as results come in we'll bring them to you on fox business. some britains may want to leave the eu because they're concerned about immigration. some say it is out of control. my next guest says it sounds a lot like what is happening in the u.s. sebastian gorka is guest next. you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? 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>> well i just published a book, defeating jihad, in it there is a three-step plan for defeating the global jihadi movement. the first thing speaks catastrophe that is the department of justice response, loretta lynch's press conference yesterday. get politics and especially political correctness out of the threat assessment. the fact that we have a cabinet member endorsing the censorship of the reality on the ground in the pulse nightclub in orlando is insanity. whiting out what the enemy says, trying to paint a different picture of their motivations, that means we're going to lose this war, deirdre. deirdre: so i hear what you're saying. i want to ask you about one of the uk leaders, key figure calling for britain to leave the eu. looks like remain camp will win thursday's referendum. sky news is reporting this. so, just taking a look at some market reaction. i'm looking at the pound. what is your take on this, what it means for the eu. what it means or immigration. >> well it is saddening. remain side wins, it is clear that business interests and partisan political idealogical interests won over common sense. it is about national security and sovereignty. that's the main plank of the exit group in this choice has to be made by the nation. they have lost their sovereignty. the idea that you're having laws made in brussels must be incorporated into your constitutional order, that is unbrittish, it is un-american. also uncontrolled, unfettered migration from war zones is not smart. we are christian nations. we help people when we can. but the idea you allow hundreds of thousands of individuals into an area that you have your people in, that you are responsible in, you are responsible for, you can't vet them that is practically suicidal. deirdre: one thing maybe people here in north america, maybe people don't, once you have the passport for any eu nation, you can travel anywhere you like, there is one he eu queue, you can work anywhere you like. i'm assuming on best days. that is part of the population that needs monitoring. worst days feels like there is much easier access routes with no checks and balances and stops put on the way. what is your take as an expert? >> with the exception of uk, they maintained border controls after master treaty was implemented. other countries there is no border control. if you swim across the mediterranean and on continent. eu you can go anywhere portugal to belgium, absolute freedom of movement. we know after the paris and brussels attacks that the terrorists exploited the refugee streams. at least one of them used a fake syrian passport and pled refugee status. the bad guys are going to use this again and again and again. deirdre: dr. gorka, i could talk to you forever. thank you very much for sharing some of your thoughts with us. >> my pleasure. deirdre: dr. sebastian gorka with me there, author and anti-terrorism expert. we are waiting for results from britain's historic vote. of course at issue here. whether or not uk will leave the eu, conservative european parliament member is my guest next. your car got rear-ended and you needed a tow. did your 22-page insurance policy say, "great news. you're covered?" no. it said, "blah blah blah blah..." the liberty mutual app with coverage compass makes it easy to know what you're covered for and what you're not. liberty mutual insurance. when a moment turns romantic why pause to take a pill? 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the. >> they're not results, deirdre. they're based on opinion polls. i would wait to see if we have hard data to work with. deirdre: fair enough. >> one thing we do agree on it is a close result. given the sort of mismatch of resources, it is incredibly close result. whichever side wins the winners need to take in account nearly half the country voted other way. that wilt impose a certain kind of constraint on winning side. deirdre: you have been very vocal in your points of view. what is most important when you thought about this issue, as a leader? what was the clearest element -- >> democracy. deirdre: for you to leave? >> you know i was votes leave i prefer democracy than oligarchy. i prefer to do what you do and every other self-governing nations does, to hire and fire its own lawmakers. i believe in free trade and globalization. i think we can do better than part after regional customs union, protection it customs union in one area of the world where economy fared badly last 10 years. our democracy only will work where we feel community of identity. we feel that as british, portuguese, swedish or hundred gang i can't remember people. anyone outside of brussels feels european in that sense. i think whole european project is wrong for our age, it is outdated and it is not responsive to what a flexible modern nation-state needs. as you squeak with businessman as you do -- speak with businessman as you do, manufacturing, 40% of exports from the uk go go to europe, there is lot of foreign direct investment in the uk, a lot of other countries would rather invest, say with europe, through the uk, they feel more comfortable doing business because of your legal system, than perhaps in other areas. so are you concerned at all about the business community? >> outside of the european union we would still have free trade with european union. every country in this part of the world whether in the eu or not, is part of a tariff-free area. look non-eu country, norway, turkey, switzerland, aisle of mann, they have tariff-free access. they're part of common market. nobody is suggesting that britain would impose trade barriers or restrictions in i kind much we're a global free trading company. the problem with the eu it prevents us signing our own bilateral free tied dials with australia, india, china, these countries are growing. the european union is at best stagnant. we're, as i say we're a merchant country, we're a maritime country, we're linked by language and law, by habit and history to every do not -- con continent. this why i want to raise my our eyes to more distant. deirdre: member parliament, good to have you here. >> thank you. >> donald trump joining many britons who want to leave the eu. trump spokesperson katrina pierson with me next to respond. . it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services - all with dedicated, responsive support. with centurylink as your trusted technology partner, you're free to focus on growing your business. centurylink. your link to what's next. >> deirdre: donald trump is traveling to scotland to attend the official opening of a remodeled trump resort. since he was in the region, he did comment on the u.k.'s exit vote. >> my inclination was to get out. got it alone. it's such a mess. when you look at what happened with the migration. when you look at the things going on over there. my inclination two got it alone and go back to where you came from. deirdre: katrina pierson, trump sportsperson, is with me now. welcome back. trump supports britain's exit from the e.u. he's not scheduled to meet with any scottish or english leaders. but do you expect him to address the topic while he's there? >> m tru still being the esent d ceof the trump orgazati. he'soingor aafison ent touppo thifami. hetatehe w in pporof exitecau soveign is someing suprts hom it'smpornt f peoe to fendhemsves d suort themlves that'senerlyhat he stas fo deirdre: some critics are concerned his attention may be divided between his business and his campaign. i have heard people who support him saying why is he in scotland? he should be here fighting hillary clinton. >> he is fighting hillary clinton. he's working every second with taking two days to make this trip for his business isn't going to do anything to his campaign while most of the pundits out there saying this was going to go to the convention anyway. deirdre: the supreme court today dealing a sharp blow to president obama's ambitious program on immigration. i want to play a comment from president obama. he's clearly disappointed. here is the president's comment. >> today's decision is frustrating to those who seek to grow our economy and bring a rationale to our immigration system it's heartbreaking for the millions of immigrants who made their lives here. deirdre: president obama's critics say his executive actions are unraveling because one person, a president, cannot unilaterally change the law. but how is donald trump who is used to making iewn latd rall decisions, how is he going to handle the job of being a consensus builder? >> you can't have the level of success that donald trump has had in business without the ability to negotiate with all parties involved. that's one of the reasons he says he will be successful as president because he can get these things done. the president is disappointed. more importantly, hoik who wanted to take the executive overreach and go even further, that's really scary. they are using this as a political opportunity. if democrats were really concerned about immigration and families, they would have done something about it when they had control of the atlantic lay tough process and they didn't. this is a tool they will use to try to use racial divisions and divide us and push emotion to the ballot box. he's right about one thing, this will be on the ballot. in 2014, executive amnesty was on the ballot. republicans want house seats, senate seats, as well as governorships. katrina pierson with me there working with donald trump as the campaign national spokesperson. stay with us for continuing coverage of britain's historic vote. coming up in the meantime, a famous investor warning if britain leaves the e.u., the country's elites will pay. ben stein says they are not the only ones. we'll give you the very latest when we come back. this is your daughter. and she just got this. ooh boy. but, you've got hum. so you can set this. and if she drives like this, you can tell her to drive more like this. because you'll get this. you can even set boundaries for so if she should be here, but instead goes here, here, or here. you'll know. so don't worry, mom. because you put this, in here. hum by verizon. the technology designed to make your car smarter, safer and more connected. put some smarts in your car. with new cabinets this wfrom this shop,house, with handles designed here, made here, shipped from here, on this plane flown by this pilot, who owns stock in this company, that builds big things and provides benefits to this woman, with new cabinets. they all have insurance crafted personally for them. not just coverage, craftsmanship. not just insured. chubb insured. >> to leave the e.u. would send a signal to the elite that polite cool class, the bureaucrats that impose regulation and new laws, that economic development, that they can only go this far. deirdre: marc faber with me yesterday. today jonah goldberg says america's arrogant elites should be worried as well. joining me, ben stein. what do you make of this western populist movement and what does it mean for the economy? >> well, i don't think it means anything for tour economy. the amount of trade we do with england is not trivial by the standard of the national income accounts. it means nothing for us except a trade to manipulate the stock prices to make money. i think mr. berger said people are sick of the immigrants coming here and i will add and frightening people to death, and the american media has had a blackout on the fact that when a large number of middle eastern immigrants come to europe, they do a lot of crime, especially a lot of sexual crime. the british are sick of that, they don't want it to happen, if it already happened, they don't want more of it. it's much more about a cultural difference in how these i am grants view women as compared with how western men view women. deirdre: a reminder of new year's eve where 400-500 women were attacked. >> if i may respectfully say this. sweden was the most law-abiding country in the world until they took in a large number of middle eastern immigrants, they now have the highest rape rate of any city except cities in africa. the people are terrified. these crimes are being committed by middle eastern and african immigrants. they have had an awful lot of child sex abuse from immigrants or children of immigrants. they don't want anymore. we don't want tonight this country. we have enough crime, we don't need to be importing crime. deirdre: you agree with marc faber that an exit sends a signal. donald trump, hillary clinton taking their best shots on each other on the subject. >> she is a world class liar, just look at her pathetic email server statements. hillary clinton has perfected the politics of personal profit and theft. the hillary clinton foreign policy cost america thousands of lives and trillions of dollars. and unleashed isis across the world. hillary clinton may be the most corrupt person ever to seek the presidency. deirdre: what is the most important fact, phrase or idea you have heard from either candidate on the u.s. economy? what matters most to people. do they have a job in do they have money in their pocket? will they get a raise? >> the most important thing is we should not follow mr. trump down that garden path to block free trade. free trade in the long run is an enormous boon to america. we should give them compensation and retraining. but free trade is a tremendous boon to america because america is a very, very large manufacturing and agricultural exporter. but let me add something that is important. if brexit wins or loses. the effect on the ordinary person in this country is nil. the amount is so small it can barely be found with a microscope. i don't like traders scaring people to death. there may be movement in the stock exchange for a week or so. it means nothing for the american retiree. deirdre: as a further contextual point to thank you for your wisdom as well. even if the u.k. were to vote to leave, there would and 2-year negotiation that would start. whatever changes that would happen, would happen very, very slowly. thanks for lending us your wisdom. ben stein with me there. economist and author. we do have continuing coverage all night of britain's historic vote. we'll bring you the very latest result as they come in on fox business. polls closing. we are waiting for results. we'll bring you all the details as soon as we have them. then preparing your portfolio in the case the u.k. does leave the e. up. my my next guest says maybe you should consider gold. if you need advice for your business, legalzoom has your back. our trusted network of attorneys has provided guidance to over 100,000 people just like you. visit legalzoom today. the legal help you can count on. legalzoom. legal help is here. if you a dry mouth can be ations common side effect. that's why there's biotene. it comes in oral rinse, spray or gel, so there's moisturizing relief for everyone. biotene. for people who suffer from a dry mouth. perfect driving record. >>perfect. no tickets. no accidents... >>that is until one of you clips a food truck, ruining your perfect record. >>yup... now, you would think your insurance company would cut you some slack, right? >>no. your insurance rates go through the roof. your perfect record doesn't get you anything. >>anything. perfect! for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claim centers are available to assist you 24/7. for a free quote, call liberty mutual at switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. >> the exit would be good for britain and it would not destroy the financial markets. to leave the e.u. would send a signal to the elite, the political class, the bureaucrats that impose new regulations and new laws, that economic development, that they can only go this far. deirdre: famous investor marc faber said an exit from the european union for britain would be great for the country. with me now, author, economist, currency expert, jim rickert. how do you see this decision affecting investors? >> it's too close to call. i don't know how it will turn out. but the markets are priced to remain. so if remain wins, not a lot happens. but if leave wins, there will be a change because the markets are leaning the other way. if the vote to remain, the dan is done to gold and it has nowhere to go but up from here. deirdre: in the past people look to gold when they believe the market is less stable. >> it's a safe haven play. but a more important way to understand it is the dollar price of gold is the reverse of a strong dollar. a weaker dollar means a higher price for gold. yellen is out to weaken the dollar. she is december that pore inflation, can't get it. they raised rates when they maybe should not have. deirdre: i hear what you are saying as far as the fed's role as well. >> it makes the point that gold is money. to me the gold dollar, sterling dollar, it's just another cross rate. we need another dollar. yellen is not going to raise rates until maybe december. but not until the rest of the year as far as i can tell, so it's bullish for gold. deirdre: i'm assuming will help up s. manufacturers. if the dollar is lower. our goods and services will look a lot more attractive. we'll have cheaper goods to offer. >> it can be good for u.s. manufacturers. boeing had a big contract with iran. it doesn't do anything for world growth and that's a bigger problem. japan had a weak currency for three years. they didn't make any structural reforms. so now they are being told by g4 you will have a stronger currency, weaker dollar. deirdre: with your global view, marc farer said europe is increasingly irrelevant as a bloc of nation states. >> i have a lot of respect for marc, but i disagree on europe. the european union is not going to fall apart. even if the u.k. leaves. it's the world's largest economy if you take it as a bloc. they have good teg, and china -- it's china, russia, europe and the rest of the world. china is trying to get out from under the dollar and europe will be part of that in the future. deirdre: we are going to continue to talk about what this decision, what this vote means for your money. top money manager my next guest. ♪ ♪ it's here, but it's going by fast. the opportunity of the year is back: the mercedes-benz summer event. get to your dealer today for incredible once-a-season offers, and start firing up those grilles. lease the e350 for $499 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. when you cook with incredible thingredients...ato. you make incredible meals. fresh ingredients, step-by-step recipies, delivered to your door for less than nine dollars a meal. get your first two meals free at blueapron.com/cook . deirdre: u.k.'s conservative atyokethheel far an faraghas ben decision, how will it affect u.s. markets and investors. >> the attention has been under the surface. if you look at the equity markets in the last few weeks they have been reasonably well behaved. if you wanted to buy insurance for brexit, you had to pay as much as if your neighbor's house was on fire. a lot of these insurances will have to be unwound. since that got expensive everybody else did something else to protect themselves. the swiss frank has been plunging. and it's now retreating as the odds of remain are higher. you will see liquidity is quite low this time of day. that's the most dangerous time when markets are moving without much information. >> the translation i'm hearing you say is if indeed the polls are correct and the u.k. stays in the european union, that essentially is what some traders call risk-off. that is to say all of these insurance contracts you alluded to are not there anymore. >> especially since it's been signaled so well. is the s & p really going to rally? i think when it comes to where the action is, the sterling, we might be up for a surprise. but when it comes to the peripheral things. having bought the yen, that might last longer. we have a stakes in financials because we have been buying some of those. if calm comes back to the market janet yellen might be tighter and tougher and that tends to be good for financials. we'll see ripple effects. some this attention hopefully is deflating. don't think deflating evening counts because there will be so many ripple effects we'll see moves that we might not be anticipating. deirdre: gym jim farage says gold look good as a safe haven. what do you make of gold as an investment. >> we like gold long term because we think janet yellen wants to be behind the curve. we have seen continued buying in our own gold etf. if there is a remain cap winning and one of the reasons gold is down is because there might be less need for that. there might be short-term volatility. i think european financials are the big up side in the short term. that said, again, we do like gold, but overnight i cannot predict that gold will do well. deirdre: european financials i heard you say might be a better investment for those who are interested. >> if they can get it. the markets are closed right now. it's late to trade many of these things. if the sterling weakens, that might be a buying opportunity. but leave it up to the pros. deirdre: that's a key point, to leave it to the pros. thank you very much. axle merk. we want to highlight where the markets did close. the votes still being tallied in the u.k. we had the dow topping 18,000. stocks surging and that was up around 1% ahead of this e.u. or u.k. decision whether or not it will leave the e.u. we do have continuing coverage of this historic vote. we are here all evening. we'll keep you updated. stay with us for the latest on fox business. charles payne going to continue right now on "making money." charles: stocks ending on a high note, rallying to session highs. it seems investors are confident british voters will decide to stay in as part of the e.u. one of the officers in the freddie gray case found not guilty. but the war against police officers rages on. voting wrapping up in england. the brits took to the polls in record numbers to decide whether they will stay as part of the european union. the u.k. party leader said it

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europe. they don't like being told what to do by a group of bureaucrats in brussels. >> europe changed from all recognition what we signed up for in 1972. >> my inclination would be to get out, you know, go it alone. it's a mess. >> to leave the eu would send a signal to the elite that political class, the bureaucrats, that they can only go this far. >> we can vote to take control of our country back. we can vote to get our borders back. we can vote to get our pride and self-respect as a nation and who we are as a people back. >> the idea that we can do better by staying in the eu i'm afraid a sham, a snare and a delusion. >> brits don't quit. we get involved. we take a lead. we make a difference. >> if we vote leave, and take back control, i believe that this thursday could be our country's independence day. [cheers and applause] deirdre: polls are just closing now in the u.k. at issue, whether the uk will leave or stay in the eu. this is risk and reward. i'm deirdre bolton. as soon as we have early indications of the results we'll bring them straightaway to you. it's a decision that has global repercussions. if you invest we'll tell you how it will affect your money. fox business's team has you covered. we'll bring you first to london. charlie gasparino on the ground there. you can see as well as adam shapiro in berlin in germany. charlie, first to you, polls just closing. what was the tone? what were people telling you today as they went to vote? >> polls just closing and guess what's opening now? the brits can actually report on this and give opinions. there has been a news blackout for the last 15 hours since polls opened this morning. british television is airing opinion about what is going on. listen, man on the street, i have to be clear it is 50, 50. the polls themselves, not the polls where you go to vote but the polls we always cite, split down the middle. maybe an edge to remain. bookies heavily in favor of remain, heavily in favor of remain. why you saw markets go up at the end of the day big time. if there is big time, if britain exits. expect a market selloff both in the u.s. clearly selling pressure on the pound. you will be hearing how s&p and moody's might downgrade country's sovereign wealth and credit. i will say this, and i have never really seen something like this before where the establishment, from wall street, from the media, from most politicians, even the celebrity class, have been so much against an issue like this. they are against "brexit" in a way that i have never seen before, for remaining. it is going to be pretty -- just based on that to me, seems like "brexit" is huge uphill battle to achieve. we'll know in a few hours, 3:00 a.m. our time here. the final tally will be known and we'll know whether they're in or out. reading the tea leaves and that's all they are, tea leaves, it just doesn't look good for "brexit" but we'll see tonight. deirdre: charlie, thank you very much. depending on you throughout the evening. the night there for you for coverage. we'll bring you now from charlie gasparino in london over to berlin. adam shapiro is standing by. so, adam, we just heard the point of view from london. what are people telling you in berlin? how do they feel about this? >> reporter: it's a great question to ask, for instance we've been at the brandenburg gate. it attracts people all over the world. spoke to people from the uk. i showed you video from polling in the united kingdom there were brits here who already voted early and they were telling me, i heard this from a couple of people their hearts were to leave. they were in favor of "brexit" but their heads they said, vote to stay. so despite their hearts saying leave, they voted to stay. that is a small group of people we spoke to. but here in germany angela merkel talking about the fact she hopes, this was just today at a press conference, she hopes that the eu will remain intact with the uk voting to stay within the eu. there is also the fact that they're looking ahead to the future. the chancellor, or prime minister from france will actually be coming to berlin ahead of an eu summit in which eu leaders from all of the eu nations will be meeting in brussels next week, talking about how they go forward no matter the outcome from the vote in the united kingdom. there was an incident today in germany which distracted people for a few minutes. it was taking place south of frankfurt which is about five hours south of where i am in berlin. a man went into a cinema. he fired a gun four times into the air. took about the 17 people hostage. german security forces moved in and they shot him and he is dead. nobody was injured by this man, even though he did take some hostage. there were people injured by the tear gas which the police officers fired to subdue the man but, this is not expected to had any real impact on the voting in the united kingdom. what they're talking about right now is how you go forward regard let's of the outcome, deirdre. deirdre: adam, thank you so much. adam shapiro with us there from berlin with the point of view from the continent. opposing views on the possibility of the uk leaving the eu from former mayor of london boris johnson, and also uk prime minister david cameron. so you will hear one clear vote for "brexit," one clear vote against. >> this vote, if we leave, is irreversible. if you jump out of the airplane, you can not clam per back up through the cockpit hatch. >> if we get it wrong, vote to remain i want to get over to people, that is it, we're locked in the backs of the cargoing in the wrong direction. deirdre: we have our own pro and con right now on the economic angle. trump's economic advisor steve moore says the uk should get out. and remainder, putting that in quotes, lbv asset management chief economist corneal yaw meyer. welcome to you both. glad to have you here. corneallia. almost halve the uk's exports go to europe what happens if the uk loses favorable terms, is that a threat that would never happen anyway? >> i think that is real and present threat. if you look the uk's number three country in terms of receiving foreign direct investment after the u.s. and china and foreign direct investment has created 88,000 jobs in this country over the last two years. a lot of these investments are in the manufacturing sector. it is japanese car manufacturers, indians, american companies and they're not here for the 64 million uk people. they're here for the 7,471,000,000 people in the -- 741 million people in the eu, if they lose the terms, they will lose the terms, they will have to negotiate, it will be very, very tough. it will be uncertainty for about two, three years. deirdre: okay. so hold that thought. we are just showing right now a few of the polling stations. as we mentioned we do in fact can tell you that the polls have closed in the u.k. we'll keep you up-to-date as soon as we get early indications on what is going on. we are feeding you live feed from our sister channel, sky news. so steve, to just go back to her point on this idea that manufacturing would be hurt in the uk, and therefore the economy gets weaker, and, the uk becomes, by definition, a much smaller power, does it lose negotiating muscle? >> well, look i actually think she makes a very strong case for why britain should stay in the eu. she is right. the strongest argument for change is exactly what you said. as we know, deirdre, london is sort of financial capital of europe. that is one of the reasons london is really booming right now. my argument against britain staying in eu, is different one. worried about the direction europe gone in last three years. i would worry british gets european disease, high tax rates, high welfare benefits, mass immigration. deirdre: steve, that's a great point. i have spent a lot of time in various countries there. asfrance in particular, started out as fairly wealthy country has dragged people down through taxes and really inhibited innovation. what do you make of steve's idea of eu getting dragged to the left and maybe to the detriment of business? >> on the contrary, i actually think it is very important for the uk to remain in the eu, very important for the eu to remain in. especially germ mans. why is angela merkel and so strongly for the uk remaining in eu. we are, a force for good. we are a force for free trade. we are a force for free economy. , if we're include we have very strong voice. we have a strong voice. if we leave, we are outside. we don't have that voice, still be affected by a lot of rules and regulations of the eu if we want to trade with them. ask the swiss, ask norwegians, exactly that position. so given reality of our economy, materiality of our political clout, we should stay in because we can be we have been and will be a force for good. >> let me answer that question about, you asked the question, why do some of the europeans want the uk to stay in. the answer to that is very clear. if i were european i absolutely want britain in. deirdre: uk economy is a star. >> because it is strong. not only that, deirdre, the uk is a big subsidizer of europe through the eu. the uk would save money and taxpayers would save money if they got out. my estimates are 10 to $15 billion the uk has to pay in for privilege being part of the european union. so of course germany and these other countries want them to be payer. deirdre: steve, some people say that money in part flows back to them. >> well -- deirdre: we have to leave it there. we are going to be monitoring these early results. i thank you both for the conversation, steve moore and ccornelia meyer. we have latest coverage all night. as soon as results come in we'll bring them to you on fox business. some britains may want to leave the eu because they're concerned about immigration. some say it is out of control. my next guest says it sounds a lot like what is happening in the u.s. sebastian gorka is guest next. you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. >> their common humanity transcends our differences and our most effective response to terror and to hatred is compassion, it is unity and it is love. deirdre: one week after the orlando massacre, attorney general loretta lynch facing criticism for saying that love is the best tool to fight terrorism. with me now, anti-terrorism analyst, author, dr. sebastian gorka. dr. gorka, thanks as always being with me, appreciate it. it may or may matter how we talk about the issue but we have to improve our skills. what is one move we could make right now to make innocent people safe? >> well i just published a book, defeating jihad, in it there is a three-step plan for defeating the global jihadi movement. the first thing speaks catastrophe that is the department of justice response, loretta lynch's press conference yesterday. get politics and especially political correctness out of the threat assessment. the fact that we have a cabinet member endorsing the censorship of the reality on the ground in the pulse nightclub in orlando is insanity. whiting out what the enemy says, trying to paint a different picture of their motivations, that means we're going to lose this war, deirdre. deirdre: so i hear what you're saying. i want to ask you about one of the uk leaders, key figure calling for britain to leave the eu. looks like remain camp will win thursday's referendum. sky news is reporting this. so, just taking a look at some market reaction. i'm looking at the pound. what is your take on this, what it means for the eu. what it means or immigration. >> well it is saddening. remain side wins, it is clear that business interests and partisan political idealogical interests won over common sense. it is about national security and sovereignty. that's the main plank of the exit group in this choice has to be made by the nation. they have lost their sovereignty. the idea that you're having laws made in brussels must be incorporated into your constitutional order, that is unbrittish, it is un-american. also uncontrolled, unfettered migration from war zones is not smart. we are christian nations. we help people when we can. but the idea you allow hundreds of thousands of individuals into an area that you have your people in, that you are responsible in, you are responsible for, you can't vet them that is practically suicidal. deirdre: one thing maybe people here in north america, maybe people don't, once you have the passport for any eu nation, you can travel anywhere you like, there is one he eu queue, you can work anywhere you like. i'm assuming on best days. that is part of the population that needs monitoring. worst days feels like there is much easier access routes with no checks and balances and stops put on the way. what is your take as an expert? >> with the exception of uk, they maintained border controls after master treaty was implemented. other countries there is no border control. if you swim across the mediterranean and on continent. eu you can go anywhere portugal to belgium, absolute freedom of movement. we know after the paris and brussels attacks that the terrorists exploited the refugee streams. at least one of them used a fake syrian passport and pled refugee status. the bad guys are going to use this again and again and again. deirdre: dr. gorka, i could talk to you forever. thank you very much for sharing some of your thoughts with us. >> my pleasure. deirdre: dr. sebastian gorka with me there, author and anti-terrorism expert. we are waiting for results from britain's historic vote. of course at issue here. whether or not uk will leave the eu, conservative european parliament member is my guest next. your car got rear-ended and you needed a tow. did your 22-page insurance policy say, "great news. you're covered?" no. it said, "blah blah blah blah..." the liberty mutual app with coverage compass makes it easy to know what you're covered for and what you're not. liberty mutual insurance. when a moment turns romantic why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card. freshly made in the tokyo-japanese tradition, each batch is small. special. unique... every bowl blurring the line between food...and art. when you cook with incredible ingredients... you make incredible meals. fresh ingredients. step-by-step-recipes. delivered to your door. get your first two meals free blueapron.com/cook. deirdre: nigel faraj is clear in calling for britain to leave the eu. pains him to sayings looks like remain camp will win. our sister network sky news reporting that voter turnout was just shy of 84%, with me now, dan hannon. he is pro-"brexit." that is to say, he also wants the uk to leave the eu. so, dan, given these early results, these early indications, what is your reaction. if true? the. >> they're not results, deirdre. they're based on opinion polls. i would wait to see if we have hard data to work with. deirdre: fair enough. >> one thing we do agree on it is a close result. given the sort of mismatch of resources, it is incredibly close result. whichever side wins the winners need to take in account nearly half the country voted other way. that wilt impose a certain kind of constraint on winning side. deirdre: you have been very vocal in your points of view. what is most important when you thought about this issue, as a leader? what was the clearest element -- >> democracy. deirdre: for you to leave? >> you know i was votes leave i prefer democracy than oligarchy. i prefer to do what you do and every other self-governing nations does, to hire and fire its own lawmakers. i believe in free trade and globalization. i think we can do better than part after regional customs union, protection it customs union in one area of the world where economy fared badly last 10 years. our democracy only will work where we feel community of identity. we feel that as british, portuguese, swedish or hundred gang i can't remember people. anyone outside of brussels feels european in that sense. i think whole european project is wrong for our age, it is outdated and it is not responsive to what a flexible modern nation-state needs. as you squeak with businessman as you do -- speak with businessman as you do, manufacturing, 40% of exports from the uk go go to europe, there is lot of foreign direct investment in the uk, a lot of other countries would rather invest, say with europe, through the uk, they feel more comfortable doing business because of your legal system, than perhaps in other areas. so are you concerned at all about the business community? >> outside of the european union we would still have free trade with european union. every country in this part of the world whether in the eu or not, is part of a tariff-free area. look non-eu country, norway, turkey, switzerland, aisle of mann, they have tariff-free access. they're part of common market. nobody is suggesting that britain would impose trade barriers or restrictions in i kind much we're a global free trading company. the problem with the eu it prevents us signing our own bilateral free tied dials with australia, india, china, these countries are growing. the european union is at best stagnant. we're, as i say we're a merchant country, we're a maritime country, we're linked by language and law, by habit and history to every do not -- con continent. this why i want to raise my our eyes to more distant. deirdre: member parliament, good to have you here. >> thank you. >> donald trump joining many britons who want to leave the eu. trump spokesperson katrina pierson with me next to respond. . it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services - all with dedicated, responsive support. with centurylink as your trusted technology partner, you're free to focus on growing your business. centurylink. your link to what's next. >> deirdre: donald trump is traveling to scotland to attend the official opening of a remodeled trump resort. since he was in the region, he did comment on the u.k.'s exit vote. >> my inclination was to get out. got it alone. it's such a mess. when you look at what happened with the migration. when you look at the things going on over there. my inclination two got it alone and go back to where you came from. deirdre: katrina pierson, trump sportsperson, is with me now. welcome back. trump supports britain's exit from the e.u. he's not scheduled to meet with any scottish or english leaders. but do you expect him to address the topic while he's there? >> m tru still being the esent d ceof the trump orgazati. he'soingor aafison ent touppo thifami. hetatehe w in pporof exitecau soveign is someing suprts hom it'smpornt f peoe to fendhemsves d suort themlves that'senerlyhat he stas fo deirdre: some critics are concerned his attention may be divided between his business and his campaign. i have heard people who support him saying why is he in scotland? he should be here fighting hillary clinton. >> he is fighting hillary clinton. he's working every second with taking two days to make this trip for his business isn't going to do anything to his campaign while most of the pundits out there saying this was going to go to the convention anyway. deirdre: the supreme court today dealing a sharp blow to president obama's ambitious program on immigration. i want to play a comment from president obama. he's clearly disappointed. here is the president's comment. >> today's decision is frustrating to those who seek to grow our economy and bring a rationale to our immigration system it's heartbreaking for the millions of immigrants who made their lives here. deirdre: president obama's critics say his executive actions are unraveling because one person, a president, cannot unilaterally change the law. but how is donald trump who is used to making iewn latd rall decisions, how is he going to handle the job of being a consensus builder? >> you can't have the level of success that donald trump has had in business without the ability to negotiate with all parties involved. that's one of the reasons he says he will be successful as president because he can get these things done. the president is disappointed. more importantly, hoik who wanted to take the executive overreach and go even further, that's really scary. they are using this as a political opportunity. if democrats were really concerned about immigration and families, they would have done something about it when they had control of the atlantic lay tough process and they didn't. this is a tool they will use to try to use racial divisions and divide us and push emotion to the ballot box. he's right about one thing, this will be on the ballot. in 2014, executive amnesty was on the ballot. republicans want house seats, senate seats, as well as governorships. katrina pierson with me there working with donald trump as the campaign national spokesperson. stay with us for continuing coverage of britain's historic vote. coming up in the meantime, a famous investor warning if britain leaves the e.u., the country's elites will pay. ben stein says they are not the only ones. we'll give you the very latest when we come back. this is your daughter. and she just got this. ooh boy. but, you've got hum. so you can set this. and if she drives like this, you can tell her to drive more like this. because you'll get this. you can even set boundaries for so if she should be here, but instead goes here, here, or here. you'll know. so don't worry, mom. because you put this, in here. hum by verizon. the technology designed to make your car smarter, safer and more connected. put some smarts in your car. with new cabinets this wfrom this shop,house, with handles designed here, made here, shipped from here, on this plane flown by this pilot, who owns stock in this company, that builds big things and provides benefits to this woman, with new cabinets. they all have insurance crafted personally for them. not just coverage, craftsmanship. not just insured. chubb insured. >> to leave the e.u. would send a signal to the elite that polite cool class, the bureaucrats that impose regulation and new laws, that economic development, that they can only go this far. deirdre: marc faber with me yesterday. today jonah goldberg says america's arrogant elites should be worried as well. joining me, ben stein. what do you make of this western populist movement and what does it mean for the economy? >> well, i don't think it means anything for tour economy. the amount of trade we do with england is not trivial by the standard of the national income accounts. it means nothing for us except a trade to manipulate the stock prices to make money. i think mr. berger said people are sick of the immigrants coming here and i will add and frightening people to death, and the american media has had a blackout on the fact that when a large number of middle eastern immigrants come to europe, they do a lot of crime, especially a lot of sexual crime. the british are sick of that, they don't want it to happen, if it already happened, they don't want more of it. it's much more about a cultural difference in how these i am grants view women as compared with how western men view women. deirdre: a reminder of new year's eve where 400-500 women were attacked. >> if i may respectfully say this. sweden was the most law-abiding country in the world until they took in a large number of middle eastern immigrants, they now have the highest rape rate of any city except cities in africa. the people are terrified. these crimes are being committed by middle eastern and african immigrants. they have had an awful lot of child sex abuse from immigrants or children of immigrants. they don't want anymore. we don't want tonight this country. we have enough crime, we don't need to be importing crime. deirdre: you agree with marc faber that an exit sends a signal. donald trump, hillary clinton taking their best shots on each other on the subject. >> she is a world class liar, just look at her pathetic email server statements. hillary clinton has perfected the politics of personal profit and theft. the hillary clinton foreign policy cost america thousands of lives and trillions of dollars. and unleashed isis across the world. hillary clinton may be the most corrupt person ever to seek the presidency. deirdre: what is the most important fact, phrase or idea you have heard from either candidate on the u.s. economy? what matters most to people. do they have a job in do they have money in their pocket? will they get a raise? >> the most important thing is we should not follow mr. trump down that garden path to block free trade. free trade in the long run is an enormous boon to america. we should give them compensation and retraining. but free trade is a tremendous boon to america because america is a very, very large manufacturing and agricultural exporter. but let me add something that is important. if brexit wins or loses. the effect on the ordinary person in this country is nil. the amount is so small it can barely be found with a microscope. i don't like traders scaring people to death. there may be movement in the stock exchange for a week or so. it means nothing for the american retiree. deirdre: as a further contextual point to thank you for your wisdom as well. even if the u.k. were to vote to leave, there would and 2-year negotiation that would start. whatever changes that would happen, would happen very, very slowly. thanks for lending us your wisdom. ben stein with me there. economist and author. we do have continuing coverage all night of britain's historic vote. we'll bring you the very latest result as they come in on fox business. polls closing. we are waiting for results. we'll bring you all the details as soon as we have them. then preparing your portfolio in the case the u.k. does leave the e. up. my my next guest says maybe you should consider gold. if you need advice for your business, legalzoom has your back. our trusted network of attorneys has provided guidance to over 100,000 people just like you. visit legalzoom today. the legal help you can count on. legalzoom. legal help is here. if you a dry mouth can be ations common side effect. that's why there's biotene. it comes in oral rinse, spray or gel, so there's moisturizing relief for everyone. biotene. for people who suffer from a dry mouth. perfect driving record. >>perfect. no tickets. no accidents... >>that is until one of you clips a food truck, ruining your perfect record. >>yup... now, you would think your insurance company would cut you some slack, right? >>no. your insurance rates go through the roof. your perfect record doesn't get you anything. >>anything. perfect! for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claim centers are available to assist you 24/7. for a free quote, call liberty mutual at switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. >> the exit would be good for britain and it would not destroy the financial markets. to leave the e.u. would send a signal to the elite, the political class, the bureaucrats that impose new regulations and new laws, that economic development, that they can only go this far. deirdre: famous investor marc faber said an exit from the european union for britain would be great for the country. with me now, author, economist, currency expert, jim rickert. how do you see this decision affecting investors? >> it's too close to call. i don't know how it will turn out. but the markets are priced to remain. so if remain wins, not a lot happens. but if leave wins, there will be a change because the markets are leaning the other way. if the vote to remain, the dan is done to gold and it has nowhere to go but up from here. deirdre: in the past people look to gold when they believe the market is less stable. >> it's a safe haven play. but a more important way to understand it is the dollar price of gold is the reverse of a strong dollar. a weaker dollar means a higher price for gold. yellen is out to weaken the dollar. she is december that pore inflation, can't get it. they raised rates when they maybe should not have. deirdre: i hear what you are saying as far as the fed's role as well. >> it makes the point that gold is money. to me the gold dollar, sterling dollar, it's just another cross rate. we need another dollar. yellen is not going to raise rates until maybe december. but not until the rest of the year as far as i can tell, so it's bullish for gold. deirdre: i'm assuming will help up s. manufacturers. if the dollar is lower. our goods and services will look a lot more attractive. we'll have cheaper goods to offer. >> it can be good for u.s. manufacturers. boeing had a big contract with iran. it doesn't do anything for world growth and that's a bigger problem. japan had a weak currency for three years. they didn't make any structural reforms. so now they are being told by g4 you will have a stronger currency, weaker dollar. deirdre: with your global view, marc farer said europe is increasingly irrelevant as a bloc of nation states. >> i have a lot of respect for marc, but i disagree on europe. the european union is not going to fall apart. even if the u.k. leaves. it's the world's largest economy if you take it as a bloc. they have good teg, and china -- it's china, russia, europe and the rest of the world. china is trying to get out from under the dollar and europe will be part of that in the future. deirdre: we are going to continue to talk about what this decision, what this vote means for your money. top money manager my next guest. ♪ ♪ it's here, but it's going by fast. the opportunity of the year is back: the mercedes-benz summer event. get to your dealer today for incredible once-a-season offers, and start firing up those grilles. lease the e350 for $499 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. when you cook with incredible thingredients...ato. you make incredible meals. fresh ingredients, step-by-step recipies, delivered to your door for less than nine dollars a meal. get your first two meals free at blueapron.com/cook . deirdre: u.k.'s conservative atyokethheel far an faraghas ben decision, how will it affect u.s. markets and investors. >> the attention has been under the surface. if you look at the equity markets in the last few weeks they have been reasonably well behaved. if you wanted to buy insurance for brexit, you had to pay as much as if your neighbor's house was on fire. a lot of these insurances will have to be unwound. since that got expensive everybody else did something else to protect themselves. the swiss frank has been plunging. and it's now retreating as the odds of remain are higher. you will see liquidity is quite low this time of day. that's the most dangerous time when markets are moving without much information. >> the translation i'm hearing you say is if indeed the polls are correct and the u.k. stays in the european union, that essentially is what some traders call risk-off. that is to say all of these insurance contracts you alluded to are not there anymore. >> especially since it's been signaled so well. is the s & p really going to rally? i think when it comes to where the action is, the sterling, we might be up for a surprise. but when it comes to the peripheral things. having bought the yen, that might last longer. we have a stakes in financials because we have been buying some of those. if calm comes back to the market janet yellen might be tighter and tougher and that tends to be good for financials. we'll see ripple effects. some this attention hopefully is deflating. don't think deflating evening counts because there will be so many ripple effects we'll see moves that we might not be anticipating. deirdre: gym jim farage says gold look good as a safe haven. what do you make of gold as an investment. >> we like gold long term because we think janet yellen wants to be behind the curve. we have seen continued buying in our own gold etf. if there is a remain cap winning and one of the reasons gold is down is because there might be less need for that. there might be short-term volatility. i think european financials are the big up side in the short term. that said, again, we do like gold, but overnight i cannot predict that gold will do well. deirdre: european financials i heard you say might be a better investment for those who are interested. >> if they can get it. the markets are closed right now. it's late to trade many of these things. if the sterling weakens, that might be a buying opportunity. but leave it up to the pros. deirdre: that's a key point, to leave it to the pros. thank you very much. axle merk. we want to highlight where the markets did close. the votes still being tallied in the u.k. we had the dow topping 18,000. stocks surging and that was up around 1% ahead of this e.u. or u.k. decision whether or not it will leave the e.u. we do have continuing coverage of this historic vote. we are here all evening. we'll keep you updated. stay with us for the latest on fox business. charles payne going to continue right now on "making money." charles: stocks ending on a high note, rallying to session highs. it seems investors are confident british voters will decide to stay in as part of the e.u. one of the officers in the freddie gray case found not guilty. but the war against police officers rages on. voting wrapping up in england. the brits took to the polls in record numbers to decide whether they will stay as part of the european union. the u.k. party leader said it

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