UK gold coin sales jump on concerns over Labour’s fiscal plans
While the possibility of a capital gains hike by Labour adds to the coins’ appeal, it’s one of many potential drivers for the Mint’s increased sales.
Back in April my firm was a bit presumptuous, believing the gold stocks would soon bottom. The ongoing correction was a water-torture decline that avoided capitulation. Finally, in the middle of May we were confident that a major bottom was at hand (see…