More and more people are seeing the point of holding gold here in the UK
Former nanny Elaine Pickin went 60 years without investing a penny, but when she acquired a six-figure sum, she realised that had to change.
After deciding to downsize following the death of her husband, she suddenly found herself with a spare £120,000.
Not content to let the cash sit idly in her bank account, she bought 28 gold coins through Bullion Club…
…At the start of December, the number of customers who had purchased gold bullion Sovereigns was already 31pc higher than by the same point in 2024, with the total value of sales up by 71pc.
https://archive.is/mZi5P
Given the opportunity voters routinely vote for more govt services and oppose taxes. Ie, they prefer deficits. That seems to make gold an attractive investment.
It has just reached £3,300 an ounce here in the UK 
It all depends on when one buys gold.
Looking at the chart at the link; for my money 2015 thru 2018 was the last buying opportunity. YMMV
For those that bought gold in 1985; they had to wait 17 years to break even.
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As with everything else.
From the link:
Jason Hollands, of wealth manager Evelyn Partners, says: “Gold has long been an asset that investors typically flock to in times of macroeconomic uncertainty.
“This year that role has been reinforced by a combination of tariff jitters, worries about ballooning deficits, the record long US shutdown and concerns about an AI bubble in the equity markets.”
My concerns as well. i don’t hold gold just to make money, it’s an insurance against the insanity of the financial system we live with.
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I’m a geezer. Lived through stagflation in the 1970’s, Black Thursday 1987, dot.com & real estate bubble bursts. OK today might be different but I don’t believe so. YMMV
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Me too. If gold dropped in price it wouldn’t worry me as it would indicate that my other assets were doing well and that the financial system was sound. It’s my insurance policy.
The yellow stuff just proves more interesting than my other assets.