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.

5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!

According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air… And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Indeed, safe-haven demand remains rock solid, as World […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet