GoldMadeSimple is featured in The Daily Telegraph newspaper in an article by the personal finance editor.
Click here to read the full article on The Telegraph website
Gold: safe haven from shrinking sterling and rising inflation
Savers worried about rising inflation, shrinking sterling and dismal returns on bank deposits are seeking a safe haven in gold. Bullion pays no income and, after storage costs, can be seen to have a negative yield but it has delivered much better returns than shares during the last decade - and has a history of doing particularly well in election years.
While the FTSE 100 remains below its level 10 years ago, the sterling price of gold has soared by more than 320 per cent to £745 at which individual investors can buy today. That is lower than the record of £754 it hit earlier this month but gold bugs claim there are good reasons to expect a recovery.
>> more...
|