Gold Rush

Since writing my last blog the world has changed, unfortunately not for the better.  The property market is very much in the doldrums both here in the UK and abroad so the type of enquiries I am receiving now from investors is not so much for commercial/residential property overseas, but for commodities and in particular gold.  As a result, I have over the past months studied this market and gained reputable contacts in various parts of the world with expertise in commodities.

I have gathered from various reliable sources, that against the recent chaotic backdrop the one investment that does not appear to be affected and in fact is doing  well is GOLD.  It is purported to be the one currency that survives when all others are failing.

It seems that the price of gold goes up when everything else goes down and if in great demand the price will go up and up.  Gold has a very long history as a monetary asset which it retains today.  It can be easily transported and stored relatively cheaply which is impractical for other commodities such as fuels.  Central Banks are major holders of gold and  it is reported will remain an important reserve asset for the foreseeable future.

For those seeking a safe haven for their investment, gold could be the answer but caveat- emptor (buyer beware) – as in any other business there are a lot of disreputable companies out there so it is advisable to check out the source you are dealing with very thoroughly.

Apart from gold, other commodities such as diamonds, fuels etc. could be worthwhile investments in these turbulent times but here again the most important consideration is to deal with a reputable source who will advise on the current situation.

all for now and until next time

Eugenie