“The Liv-ex Fine Wine 100 Index (LIVX100) tripled in the past 10 years and gold advanced fourfold. The wine gauge rose 5.9 percent this year as bullion slid 17 percent. The Wine Investment Fund, which manages about $50 million of assets, expects the Liv-ex gauge to rise by about another 7.6 percent by the end of December. Demand for gold, wine and other alternative assets gained in the past several years as equities retreated and bond yields tumbled to record lows as central banks printed money on an unprecedented scale. Gold held through exchange-traded products exceeded all but two of the world’s central-bank reserves.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
US nationals 'under siege'; citizen dies at Border Patrol checkpoint
Tomorrow’s Advance Man: Marc Andreessen’s plan to win the future
Union's Pay Negotiations Play Big Role In Protests Over ‘Google Buses’
Animal torture, abuse called a 'regular practice' within federal wildlife agency
Jim Rogers Is Buying Gold Coins From North Korea
Czech Republic Legalizes Medical Marijuana Use
Unique institute unites capitalists who want to save the world
FBI’s Comey: Americans Should Not Expect ‘Absolute Privacy’
Pakistani flagmakers may see boost in sales after Obama victory spurs more effigies
Librarian wants to ban 5-time reading champ from contest
French doctors stand trial for covering up deadly radiation overdoses
Okla. prison head gets new bullet-resistant SUV after botched execution
France backs action on Syria as U.S. seeks coalition
PIMCO ex-CEO explains why his money “is mostly concentrated in cash”
Gitmo inmate who was deemed no threat on hunger strikes and force feedings