
“A rush into haven assets that began during the financial crisis is getting a new lease on life from an upsurge in populist politics and a quickening of inflation. Two firms say they’re planning to open vaults in Europe capable of holding more than 100 million euros ($112 million) in gold, offering customers lower costs than exchange-traded products and protection from rising prices.”
Read more: https://www.bloomberg.com/news/articles/2017-06-06/the-new-gold-rush-is-all-about-vaults
Related posts:
The global wine drought that never was
Switzerland looks to liberalise cryptocurrency banking access
Bitcoin hedge fund launches with Silicon Valley and Wall St. support
Homeland Security Puts Live Video Feeds In Boston Buses
China stuns financial markets by devaluing yuan for second day running
Spaniards Fight to Get $10.3 Billion In Savings Back From Bank Investment Schemes
Green Party MP Caroline Lucas arrested at UK fracking protest
Dubai to Build the First Air-Conditioned Mini-City
Obamacare ‘navigator’ in Kansas has outstanding arrest warrant
The People Making Real Money On Bitcoin
San Diego cop kills service dog after knocking on wrong door
China, India and Pakistan beefing up nuclear arsenals
Ex-cop accused of groping women gets two-year sentence
Banks Face Deadline to Upgrade ATMs From Windows XP
The ‘Cheapest’ Country in the World