Property News · August 8, 2016

Gold can be a big deal for small investors, but nothing is certain


Outstripping house prices, the FTSE 100 and fix-rate bonds, the precious metal looks tempting. Just remember that what goes up…As the Chinese economy began to lose steam this year and there were continuing concerns about the health of global banking, Laura and Simon Delow focused on their investments for the future. Seeking security in case their other pension plans went south, the pair sank £40,000 into gold – an investment popular in times of crisis – which turned out to be a shrewd move before the Brexit referendum at the end of June.“We see the price rising considerably due to global economic instability, particular in the banking sector,” says Laura, 59, a semi-retired financial consultant. “We may now buy more due to Brexit uncertainty.” Continue reading…

Source : theguardian.com
Read more…Gold can be a big deal for small investors, but nothing is certain

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