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Brexit fears prompting savers to stuff gold bars in safes at home

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Chris Powell

GATA

Published : June 22nd, 2016

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Category : GoldWire


	Worried savers are buying gold bars and stuffing them in safes at home, data suggests, as fears mount that a Brexit-induced financial meltdown could be just around the corner. Google searches for the term "home safe" are running at 61 percent of the level at which they peaked in November 2008, the point of the financial crisis, and are now higher than at any point since. Royal Mint, Britain's official producer of gold and silver coins and bars, said sales have soared by 32 percent over the past month, with customers rushing to buy sovereign and Britannia bullion coins and signature gold bars in particular. ... ... For the remainder of the report: http://www.telegraph.co.uk/news/2016/06/21/br...pting-savers...

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Chris Powell 13 abonnés

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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