Low confidence in UK banking system coupled with volatility in stock markets has increased the demand for gold coins and bars among private investors which can be termed as the highest in the last twenty five years. The unprecedented rush for gold among investors has seen gold prices cross the mark of $1,000 on several occasions.
As per UK’s biggest gold bullion dealers, Tony Baird of Baird & Co, gold business was getting bigger with each passing day where customers have been investing in gold coins and bars in the price range of £1,500 to £150,000. If the trend of the last forty years is studied then the gold demand of today can be compared to what existed in the late seventies.
People have lost confidence in the banking system and stock markets therefore gold has emerged as the safest investment in the current scenario. The market has seen private investment in gold double when compared to last year and at present BullionVault.com is holding 3.5 tonnes of gold as compared to 1.5 tonnes for the investors of UK. Whenever the economy slows down gold tends to emerge as a favorite investment option. It’s not just gold but even Exchange Traded Funds are in high demand.
Inflows of $265m were recorded with ETF Securities with London Stock Exchange (LSE) witnessing record trading worth $225 million in Gold ETCs. As per LSE report, gold ETCs held two positions within the top four spots in terms of June 2008 trading volumes.
A report from DB Research stated that last month top three traded ETFs were all gold including the likes of ETFS Physical Gold ETF Securities Ltd, Lyxor Gold Bullion Securities and ZKB Gold. As of now gold ETCs continue to break records in terms of trading volumes and inflows.
Besides investment in gold there is another arena which can fetch you fabulous returns. The world of internet gaming can work to your advantage and with the help of latest software you can get hold of global prices within a matter of time and expect guaranteed returns to the tune of as much as 12% every month.
Rajeev Shah, a London-based investment banker and author of ‘Sports-Arbitrage – How to Place Riskless Bets and Create Tax-Free Investments’ explains: ‘An arbitrage occurs when different bookmakers’ prices on the same events overlap. In these cases, it is possible to bet on all of the outcomes in that event in such a way as to be guaranteed a total return which is greater than the total outlay”.
The UK Government has even declared that gains achieved from sports arbitrage trading will continue to remain tax free and you can definitely adopt it to supplement your income with some extra cash.
Shah continues, ‘The mathematics of this type of trade are precise & the resultant profits are free of all risk. This type of trading has become possible only because the internet provides a platform for transparent price discovery. Using state-of-the-art software called ArbAlarm, ordinary people can now easily profit from this unique method of investment’
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