An easing in tensions between the US and China over trade has helped global equities markets to recover sharply over the past month, driving the FTSE 100 index of top UK companies to the highest levels this year. Expectations of major central banks cutting interest rates has also fueled a sense of optimism in share dealing rooms. The weaker pound has also driven the FTSE 100 higher, as many firms in the blue-chip index make the bulk of their earnings in foreign currency. The FTSE 100 has risen by about 200 points in the past month to trade around 7,670. https://www.theguardian.com/busines...xit-vote-affected-the-uk-economy-july-verdict
Latest GDP figures. https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/may2019
Most of the big players get paid in dollars The stock market world wide now is the next big bubble lets see if the world can print its way out of that. Free Markets love capitalism untill they all face bankrupcy then they become socialists
If you are looking to sell off your bullion, this might help you Keith: Gold:GBP https://www.xe.com/currencycharts/?...834_82d1ab988a0545382d3235b6aa2ed296&view=10Y
Incorrect.. I did once live in a bubble back there in the UK and it was a horrible experience for me personally. Believe it or not,there was once a time when I believed all about the investments and pension garbage/lies that they spewed weekly. That bubble burst many years ago and now I am free!
So that's your idea for promoting freedom of speech, is it? If I were Boots I'd tell you to crawl back into your box and hopefully someone will nail the lid firmly this time.
Didn't I? There again I don't go out of my way to upset my hosts nor do I believe that "free speech" means that one can say anything to anyone at any time.
If you are buying and selling gold, you are an investor not a saver. Saving is setting aside money you don’t spend now for emergencies or for a future purchase. It’s money you want to be able to access quickly, with little or no risk, and with the least amount of taxes. Financial institutions offer a number of different savings options. Investing is buying assets such as stocks, bonds, mutual funds or real estate with the expectation that your investment will make money for you. Investments usually are selected to achieve long-term goals. Generally speaking, investments can be categorized as income investments or growth investments. https://www.smartaboutmoney.org/Cou...g/The-Difference-Between-Saving-and-Investing Glad to be of assistance.
Its a mute point given that UK gold coins have a face value can be instantly cashed for fiat currency are Vat and Capital Gains excempt & have acheived more than 20% in the last quarter Current Price £1,185.25 3 Month High £1,193.22 3 Month Low £974.59 3 Month Change £+208.70 (21.38 %)
It's just an example of a commodity holding its value while a currency tanks, the same is true in a slightly different way regards the stock market at the moment, the only reason it is appreciating in the UK is that the currency is tanking and many of the companies that constitute the FTSE 100 earn overseas, it's the overseas earnings that hedge against the currency problems in the UK. Right now thank god that's happening, otherwise I would be in the s**t. In other words globalisation is protecting my investments, god knows what will happen as the country becomes more and more insular in future and likely forces business to become more insular as well. The majority who don't have the opportunity to make investments just lose out as their currency is devalued and the inevitable inflation eventually ruins their lives. Gold's value though is really a bet on global issues, it's high because people are scared globally.