The Betts name has been inextricably linked with precious metals for over a quarter of a millennium and the family business is the oldest surviving precious metal refining and dealing business in the UK. 1760 saw the dawn of the industrial revolution in England and the ascension of King George III to the throne. Alexander Betts came from Battle in Sussex to the village of Birmingham...
Latest bullion news
Gold Price Target Unchanged at $10,000/oz
The fundamental factors have hardly changed; money printing will accelerate as this is the only tool that the central bankers have at their disposal. India, the Islamic world, China, et al, will continue to consume most of the annual production of the physical metal, adding to an already tight physical market. This first bull phase of this market is over and so is its correction, the second phase has started and will challenge and beat the previous all-time high.
Going for gold – but is it a good investment?
Is gold an investment? Last week I would have been very tempted to answer “who cares?” as I fondled a kilogram bar a little smaller than an iPhone. The colour, smoothness and sheer weight of such a small object was totally seductive.