I hate to say ‘I told you so’, but I did. What goes up and all that. Gold and silver’s steep rise and then fall shows the potential volatility of investing in a single asset class. Many will have hopped on the soaring bandwagon as prices hit all-time-highs and, by the time they were aboard, found that they’d lost a percentage equivalent to a Covid stock market crash. But that could happen if we invested in shares, what about that AI Bubble, isn’t that all equally dodgy? Yes, if you try to be clever and pick which bit of the market, sector or companies you think might be right for your money but spread it around, hang on in there and your returns will even themselves out. Just as gold prices are heading back to the straighter line on the graph – which, in the long-term, means just about keeping pace with inflation.
Budget Rumours and Possibilities
The Budget Rumour Machine is not the shambles it was last year. Before Rachel’s Swansong all sorts of stuff was leaked to see what sort of puddle it would create.
