The Pure Gold Company
Ashitha Nagesh from Metro reporting on a Pure Gold Company client who buried a fortune in gold in his garden in order to store it for his descendants.
By Ashitha Nagesh
An elderly man has had the best idea of how to give out his inheritance after he passes – a good old-fashioned treasure hunt.
Ron, known only by his first name, has used a digger to bury £850,000 of gold in different spots around his back garden.
He’s plotted unique co-ordinates and has created 18 unique treasure maps (one for each of his 18 daughters and their children) that will reveal the gold’s whereabouts.
Josh Saul, chief executive of The Pure Gold Company, sold the gold to Ron and has him as a private client.
He said Ron, who is in his 80s, also asked that it was only delivered to him on sunny days so that he could bury it straight away.
But he didn’t do all this just to be cool. Apparently Ron decided to invest in gold because of worries we’ll have another financial crisis – fuelled in part by the possibility of a Brexit, and fears over the global economy.
‘Fear and uncertainty are powerful motivators and the gold price is the clearest indicator of how worried people are,’ Saul said.
‘There is plenty to be concerned about, from global political uncertainty to a Chinese slowdown, but closer to home people with savings and investments are increasingly worried about whether the UK will leave the European Union.”