More signs of inflation. Coca-Cola ‘will raise prices’ due to higher commodity costs
Coca-Cola CEO James Quincey has indicated that prices of Coca-Cola products will rise due to higher commodity costs.
UK ‘e-pound’ coming soon. Digital money issued by the Bank of England
The UK Government will set up a new ‘taskforce’ to explore in more detail the introduction of a UK digital currency nicknamed the ‘e-pound’ in a series of reforms to…
Is it reckless NOT to have gold and silver in your portfolio?
In simple terms, precious metals such as gold and silver have historically been a hedge against currency weakness, stock market volatility, political instability and even the real risks of an…
China could set expiration dates for digital yuan
China has been testing expiration dates for the digital yuan which would encourage citizens and companies to spend it more quickly.
Central Bank Digital Currencies will grant authorities “absolute control” over money
The General Manager of the Bank for International Settlements (BIS) Agustín Carstens, has stated that Central Bank Digital Currency will give Central Banks “absolute control” over money.
More banks in Germany now charging savers as negative interest rates hit home
Banks in Germany are now charging savers and have told customers to pay 0.5% annual rate to keep sums of money with them, essentially telling customers to go away.
New 2021 Britannia Collection – introducing a ‘Premium Exclusive’ range and Gold Kilo
New 2021 Britannia Collection – introducing a ‘Premium Exclusive’ range and Gold Kilo. The Royal Mint has unveiled it’s 2021 Britannia collection celebrating the spirit of innovation. For the first…
Why do people buy gold and silver bullion?
People who buy gold and silver bullion often see these precious metals as the ultimate store of value, preserving wealth for generations.
Governor of Bank of England raises concern of rising inflation risk in the UK
The Bank of England governor Andrew Bailey, has raised concern about the real risk of rising inflation in the UK.
Tesla needs silver and ‘may invest in gold bullion’
Tesla recently indicated that it could potentially invest in gold and gold-backed exchange-traded products.