Why I’d buy UK shares in an ISA instead of gold to get rich during the economic downturn

Why I’d buy UK shares in an ISA instead of gold to get rich during the economic downturn

There’s a number of ways that investors can protect themselves from the worsening Covid-19 crisis. Buying UK shares of companies that produce gold remains a good idea as the threats to the global economic recovery rise. But this isn’t the only reason, as ongoing central bank money printing bolsters inflationary concerns as well.

Much has been made of gold’s sharp fall below August’s record highs around $2,070 per ounce. But this negative price action results from recent US dollar strength and strong profit booking.

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