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Uncertainty for the Pound Sterling as Memo is Leaked


pound-uncertainityTheresa May, the UK Prime Minister, told the country to take the new opportunities ahead and to set the standard for other nations to follow during her recent speech. The speech had a positive reception but was later overshadowed by a memo that was made to the Cabinet Office. The Times and the BBC saw the memo and reported that it spoke about the lack of a common exit strategy for the country. The government denied what the memo said, according to a BBC report. The memo noted that it would take at least another six months to prepare to Brexit and require as many as 30,000 additional staff members to handle the amount of paperwork involved. Read more of this post

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Please Help Me Understand Gold


I graduated in 2000.In the same year I made my first purchase of  gold.Since then I’ve been watching the price of gold.The first thing to attract my attention was the relentless upward movement in the price show in the graph below:                                                                                                                                                                              wealthymatters.com

Logic suggested that what goes up in price must come down.So I tried looking for the historic prices of gold to try to see if there was a cycle . Read more of this post

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