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http://www.guardian.co.uk/money/2010/aug/26/gold-price-golden-goose-investors

This assessment seems particularly telling to me:

"The truth is that the rally has become self-fulfilling, with its appeal to investors dependent almost entirely upon its continued gains."

In fact, it reminds me of another can't loose asset category.

Are can't loose assets quite tight then?

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Well worth reading the comments on the article by the way, tells it how it is.

Unfortunately as one commentator points out, if the banks fail to keep the price of gold suppressed then you can guarantee governments will tax gold to the hilt. This is why it's important to own physical gold rather than gold in an easily traceable ETF that cannot be liquidated without the authorities knowing.

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sorry, couldn't resist!

I once knew a wealthy dyslexic prostitute, she ended up buying a warehouse

I used to go out with an English teacher once, but she dumped me.She said she didn't approve of my improper use of the colon.

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  • 418 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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