LONDON, 28 February 2011 - BullionVault.com is now caring for $1 billion in client-gold property reports The Daily Telegraph, Britain's biggest-circulation 'quality' newspaper.
"If there is one thing that gold loves, it's a crisis - and once again the commodity has started to outperform," writes Garry White, the newspaper's Questor tipster.
"Gold is a form of crisis insurance, one that just keeps paying," The Telegraph quotes Adrian Ash, head of research at BullionVault - the world-leading gold ownership provider for private individuals.
"If [UK savers] bought when Northern Rock started to crumble you would have doubled your money by now. It has kept paying out as crisis insurance for the past four years."
Looking at the current unrest across the Middle East and North Africa, "There are interesting historical comparisons with 1980 when tanks were going into Afghanistan and there was weak leadership in the US," Adrian goes on.
"Back then we also saw soaring oil prices and runaway inflation, making events today sound very similar to the last time gold really outperformed."
Questor's report goes on to quote analysis from economist and fellow Telegraph columnist Roger Bootle of Capital Economics - who forecasts a gold price of $2,000 by end-2012 - as well as metals analyst Daniel Major at RBS, who notes the switch by central banks worldwide to buying, rather than selling gold in 2010.
You can read Adrian's full comments and analysis at The Daily Telegraph here.
Gold bullion - Buy online at live gold prices.
