As the grass courts of Wimbledon get their final cut before match day Chris Justham explores the back and forth of gold investing
Wimbledon is imminent, which gives me a (thin) excuse to talk about gold as an investment … starting with my favourite fact: Despite being mined for more than 5,000 years, all of the gold ever extracted from the ground would fit onto a tennis court with a height of 19 metres. Isn't that crazy? Think about all of the jewellery, gold bars in vaults, pirate treasure (?) and Olympic medals in existence – melt it down and you end up with a cuboid just poking out of the roof of Centre Court. This scarcity is one reason that many people continue to attribute so much value to it. Chris: L...
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