Blog
What do the wealthy do during a recession?
2020 has been an unprecedented year. The global economy looked precarious even before the world was forced to shut down as COVID-19 spread. The outcome for markets was devastating and, while recovery is repeatedly forecast, second waves and other obstacles to growth (particularly Brexit) stand in the way. While many people try to build...Read more >
What does the Biden presidency mean for the economy and gold demand?
Joe Biden is widely accepted as having won the election and will become the 46th president of the United States on 21 January 2021. The nature of US political divisiveness means the handover of power will not be smooth, and it comes in the midst of a global pandemic that shows every sign of...Read more >
I have £10,000, what shall I invest in?
In these COVID-uncertain times, having a lump sum to invest for the future is a significant advantage, and anyone would want to ensure that its value is not eroded over time. The political and economic outlook is uncertain at best and distinctly gloomy at worst. So how do you safeguard your assets with a UK...Read more >
Can Britain’s banking sector survive the winter of discontent?
Economies are reliant on the efficacy and stability of banks to effect commerce, to borrow, lend and save. While bank collapses are relatively rare, the memory of the financial crisis of 2008 and the financial collapse of several lenders including Northern Rock and Lehman Brothers remains recent and cautionary. The crisis that caused these banks...Read more >
How will the US 2020 election affect gold?
The US election is just days away, and the outcome will shape the international political and economic landscape at a very uncertain time in history. The COVID-19 pandemic has plunged global economies into recession and debt and changes of political power, especially in the US, have profound economic ramifications. Throughout 2020, gold has been on...Read more >
Investing your pension lump sum
Chancellor George Osbourne’s pension reforms in 2014 opened-up the pensions market and enabled people to take much more control of their future income than before. Since 2015, retirees have had the freedom to invest their pension pots in assets that suit their requirements. Before 2015, withdrawals were largely nominal and only available to people with...Read more >
Second chance in a second wave – protecting your assets in another slump
The Coronavirus pandemic delivered a sudden and unexpected shock to every part of global society, and the dramatic economic impact could not have been foreseen. Global markets plunged, and recessions were foretold, but only a couple of months on those markets started to recover amid the optimism of easing restrictions. Now, an eerie sense...Read more >
Understanding Gold and Silver Investment
Gold and silver has been coveted for centuries, with evidence of treasures dating as far back as 4000 years. For almost 2500 years both gold and silver have been used as currency, valued for their rarity and exchanged for goods around the world. Today, gold and silver coins are no longer used to buy and...Read more >
What is the outlook for the global economy in 2020?
The world is an unrecognisable place from just five months ago. Lockdowns have paralysed economies across the globe and there is no clear path back to normalcy. As the UK eases itself out of lockdown against a backdrop of fear, confusion and uncertainty, it’s clear the economy won’t be bouncing back within the year. So,...Read more >
UNDERSTANDING GOLD INVESTMENT AND TAX
Living in a society and consuming the services offered by it, from political leadership to bin collection requires the payment of taxes. Income tax, capital gains tax, national insurance, VAT, fuel duty and a raft of duties on luxuries like cigarettes and alcohol all swell the coffers of the government. These taxes fund the...Read more >