The Pure Gold Company for one has seen sales of its physical bars and coins to first-time investors explode 374% during the past seven days versus the broader 2019 average
Over the last seven days, The Pure Gold Company has seen a 378 per cent increase in first time investors purchasing gold bars and coins compared to the weekly average for 2019.
By Dan Atkinson For an asset whose fans claim it as… Continue reading capital.com: Gold fails to cash in on trade war, but that may be changing
Following the failure of the US and China to reach a trade deal, fear has spread throughout the markets that the trade war between the world’s two largest economies will not be coming to an end anytime soon.
By Mark Atherton The political and economic turmoil surrounding Brexit should… Continue reading The Times: Is gold still a good investment?
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The Pure Gold Company says that its clients, in a ‘high state of anxiety’ about Brexit, rush to gold. However, buying now comes at a price, because the metal already looks expensive when times are tough.
“Given the outlook for sterling is so volatile, more cautious investors should think about allocating a small part of their fixed income allocation to high quality investment grade debt denominated in foreign currency, such as highly-rated sovereign debt, to add additional currency diversification.”
Away from the backbenches of Westminster, there’s very few people who believe that a no-deal Brexit wouldn’t have a catastrophic effect on the domestic economy.
The pound has wobbled but shows little sign of a repeat of June 2016
The Pure Gold Company 16/01/2019 By Danielle Levy UK investors… Continue reading YourMoney: Brits flock to gold amid Brexit fears
The pound and the FTSE might have shrugged off Theresa May’s record defeat on Brexit, but Brits reacted by panic buying gold instead.