The End of the Gold Bull Market

The Guvnor's Casey Research report on the current gold market, which is worth a read. Also helpful for those who want to find out how to hold gold.

Casey suggest a personal gold-holding level of around 30%, and recommend ways in you should achieve this.

Obviously, being a Junior Mogambo Ranger, I have my own opinions on the subject, but it's always worth keeping up with other more professional thoughts.

Incidentally, they talk about the LibCon pact, and on how this Glorious Revolution government is going to attempt a massive cut of £8bn pounds in George Osborne's first 'emergency' budget.

(Some revolution.)

Yes, only borrowing £154bn this year, rather than borrowing £162bn, is going to make all the difference. (If they can even achieve that much.)

AngloAustrian prediction: The British government will this year (attempt to) borrow at least £200bn, rather than a measly £154bn. This rise in borrowing will in part be caused by the planned British government tax rises, which will throw even more people out of work, who will then turn to government welfare, hence 'requiring' the government 'stabiliser' of even more borrowing.

Ah, it's all fun fun fun attempting to navigate the tiny mind of Dave's mate, the preposterously dim George Osborne.