Friday, September 28, 2012

Barclays' opens new precious metals vault







Give me the real thing! I want gold not pieces of paper. The demand for physical gold has created demand for storage. Barclay's bank has opened a new vault within the M25 ring in London. 

Gold has been a better investment than stocks over the QE periods and is again showing live as inflation expectations have increased in the US and EU. If the central banks want to reflate financial assets, gold looks good. 

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