Gold Bullion Will Protect from Politicians, Brexit And Increasing Market Volatility in 2019
The comments below are an edited and abridged synopsis of an article by Mark O’Byrne
“Historically, gold has proven to be a very safe investment; could it remain so in times of a massive global debt bubble, Brexit, trade wars and an uncertain world economy?
‘You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the government. And, with due respect for these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold.’
The words of Irish playwright and philosopher George Bernard Shaw will resonate with investors in Ireland, the UK and internationally today, given the UK government’s handling of Brexit and the rise of Trump and other radical politicians on the left and right.
Populist politicians are creating increasing political, economic and financial risks for us all. This is clearly seen in the complete mess that is Brexit – for Ireland, the UK and indeed the EU.
Shaw was a keen student of history and saw the economic problems that monarchies and governments have created over the years. Only the most foolhardy investor would claim that the coming years will be any different than our past.”
O’Byrne discusses gold’s safe-haven historical status; movement towards owning physical gold in safe jurisdictions; and gold’s purchasing track record.