Peter Shakeshaft

The FTAdviser (4th September 2017) has reported on the increased demand for ‘safe haven’ asset, gold, in light of the increasingly antagonistic actions of the North Korean regime and response, in particular, from the Trump administration.

Gold BarsTrade in gold has increased to levels last seen at the time of the UK Referendum vote. Josh Saul, CEO of the Physical Gold Company, states that they have “seen an 89% increase in financial professionals purchasing physical gold. They cite the same geopolitical fears and are buying to protect themselves from the systemic financial consequences of increased volatility and uncertainty.”

Tangible assets such as gold and fine wine do have a track record of stable growth during periods of economic and political uncertainty and there is a very strong argument now to adding breadth and reslience to investment portfolios with fine wine.

To read the article, please see the link below:

https://www.ftadviser.com/equities/2017/09/04/gold-prices-near-one-year-high-on-north-korea-test/

Add comment


Security code
Refresh

Subscribe to our newsletter

Fields marked with * are required
© 2011 - 2017 Vin-X Ltd | Site by 3aIT | Sitemap | Registered Address: Bailey House, 4-10 Barttelot Road, Horsham, West Sussex, RH12 1DQ