By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. John Maynard Keynes, The Economic Consequences of the Peace (1919)
Secure logistics operators can't build new vaults fast enough and are taking over nuclear-bomb proof mountain bunkers from the Swiss Army to handle the demand for private storage.
Latest data suggests that both Brexit and UK election have negatively impacted the already overheated property market. With little foresight as to how the economy and government will move forward
We live in an age of advanced monetary surrealism. Signals suggest that we are about to face a big shift within the financial and monetary system. Sell economic ignorance, buy gold.
Gold reaches 7 week high and surges 6% in the last 30 days from £942/oz to £1,001/oz. Vote set to boost political turmoil in UK, complicate Brexit talks with EU whose hand is strengthened
* Gold prices could see strong intraday volatility – analyst * UK election, Ex-FBI director testimony, ECB meeting set for later in the day * Downside for gold is “limited” - especially in sterling (see chart)
