the £ has fallen quite a bit over the past couple of weeks - from 1.20 to 1.10 to the Euros - although the "experts" are saying that it is over done - but what do they know.
normally when the £ falls against the US $ the market, FTSE, goes the other way!!!!!
I've briefly addressed this in the Pit - https://forum.tz-uk.com/showthread.p...=1#post5349371
I thought investors turned to gold in times such as these. So why is the gold price dropping as well? Where's all the cash going when everybody is selling?
Yep when precious metals are getting thumped too you know it’s bad. Platinum looks extremely cheap now for anyone feeling brave.
We would probably expect to gold hit a bottom and then recover quite strongly in these sorts of conditions. However, who knows?
I think I would invest in a pram/baby seat manufacturer. After all, this self-isolating/event cancelled/pubs-closed/stay-indoors situation can only result in a massive birth bubble late 2020 early 2021.