Brexit, but Buy Gold – Daily Reckoning
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Brexit, but Buy Gold
Daily Reckoning The U.K. has 310 tonnes of gold, giving it a miniscule 0.5% gold-to-GDP ratio. This compares with gold-to-GDP ratios of 4.8% for Russia, 2.8% for the Eurozone, 2% for the U.S., and 1.6% for China. (The Chinese ratio uses reliable estimates of 4,000 … |
