Now is the time to
invest in gold bars! In the wake of the Brexit referendum and the vote to
trigger Article 50, as well as the continuing fall in the value of the pound
and the rising national debt, UK investors are turning to gold and the demand
for bullion is surging.
Demand for gold bullion increased throughout 2016 and the early months of 2017 as investors sought ways to hedge against the growing uncertainty of the economic and political situation. According to reports in the Wall Street Journal, demand for gold bars rose by 39% in 2016 and has continued to rise this year.
The triggering of Article 50 at the end of March provided another warning about the difficult and uncertain political waters into which both the UK and the European Union are sailing.
The negotiations over the UK’s exit from the EU are likely to be protracted and divisive, and the implications for UK business and for a UK economy that is over £1.84 trillion in debt are worrying. The value of sterling fluctuated wildly this spring and the Euro is also likely to be subject to dramatic changes in value, as Brexit also has implications for the EU. The Union is less cohesive now than at any time since its inception and the economies of several member nations, including those of Ireland, Italy and Greece, are vulnerable.
Beyond Europe, the political chaos in the United States is also driving diversification into gold bullion. After an initial burst of optimism following the inauguration of President Trump, US markets and stock prices have been behaving skittishly as concern about Trump’s legitimacy and inability to pass his political agenda have knocked confidence. The failure to repeal the Affordable Care Act was a particularly telling blow to investors' early faith in Trump.
In the light of these political and economic uncertainties, the flight to gold makes sense and is a phenomenon that has been seen many times before. During the global financial crisis that began in 2007, global investment in gold bars rose from 237.7 to 1246.9 metric tons in the space of just four years, as investors sought security in bullion. Given the dramatic scale of the political and economic upheavals threatened by Brexit, demand for gold in the UK is likely to remain strong, and anyone opting to buy gold bars in the current market is making a sound investment.
If you are considering an investment in physical gold bars, Bullion for Less can help. We purchase directly from manufacturers and can offer the most competitive prices and unparalleled secure storage for your gold. Visit http://www.bullionforless.com to find out more.
Demand for gold bullion increased throughout 2016 and the early months of 2017 as investors sought ways to hedge against the growing uncertainty of the economic and political situation. According to reports in the Wall Street Journal, demand for gold bars rose by 39% in 2016 and has continued to rise this year.
The triggering of Article 50 at the end of March provided another warning about the difficult and uncertain political waters into which both the UK and the European Union are sailing.
The negotiations over the UK’s exit from the EU are likely to be protracted and divisive, and the implications for UK business and for a UK economy that is over £1.84 trillion in debt are worrying. The value of sterling fluctuated wildly this spring and the Euro is also likely to be subject to dramatic changes in value, as Brexit also has implications for the EU. The Union is less cohesive now than at any time since its inception and the economies of several member nations, including those of Ireland, Italy and Greece, are vulnerable.
Beyond Europe, the political chaos in the United States is also driving diversification into gold bullion. After an initial burst of optimism following the inauguration of President Trump, US markets and stock prices have been behaving skittishly as concern about Trump’s legitimacy and inability to pass his political agenda have knocked confidence. The failure to repeal the Affordable Care Act was a particularly telling blow to investors' early faith in Trump.
In the light of these political and economic uncertainties, the flight to gold makes sense and is a phenomenon that has been seen many times before. During the global financial crisis that began in 2007, global investment in gold bars rose from 237.7 to 1246.9 metric tons in the space of just four years, as investors sought security in bullion. Given the dramatic scale of the political and economic upheavals threatened by Brexit, demand for gold in the UK is likely to remain strong, and anyone opting to buy gold bars in the current market is making a sound investment.
If you are considering an investment in physical gold bars, Bullion for Less can help. We purchase directly from manufacturers and can offer the most competitive prices and unparalleled secure storage for your gold. Visit http://www.bullionforless.com to find out more.
No comments:
Post a Comment