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On a vaugely related note, if we see 'quantitive easing' next year, is now a good time to convert some sterling to gold? I had some in bullionvault some time back and, from what I can see, the price hasn't moved that much this year...
No, you should not convert Sterling to Gold, you should spend it. If you do so, you will be no better than a traitor and should never be allowed to convert it back to Sterling.
thats called hyperinflation
its happening now in zimbabwe, which is probably an economic model for UK according to New lie
the current situation is very dangerous, we have a competitive devaluation of the UK pound, to fuel inflation
On a vaugely related note, if we see 'quantitive easing' next year, is now a good time to convert some sterling to gold? I had some in bullionvault some time back and, from what I can see, the price hasn't moved that much this year...
Do you want to buy gold for long-term stability, or as a speculative commodity?
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