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The Telegraph: Gold Shines, Silver Soars

LONDON, 16 October 2012 - Comment from world-leading gold and silver providers BullionVault features today at Telegraph.co.uk, website of the UK's best-selling quality newspaper, The Daily Telegraph.

Amid the UK's current political party conference season, The Telegraph compares the performance of different asset classes since the current Conservative-Liberal coalition took power almost two and a half years ago.

Asked to comment, "Both precious metals have risen faster since May, 2010, on an annualized basis, than they did during the 13 years of New Labour," says BullionVault head of research Adrian Ash.

"Now [chancellor] George Osborne is clearly failing to meet his debt-reduction targets, the International Monetary Fund (IMF) is urging a return to deficit spending, and Mervyn King, Governor of the Bank of England says beating inflation shouldn't be its sole aim. Savers may well fear a return of 1970s-style inflation to match these bell-bottomed policies."

You can read the full story at Telegraph.co.uk here...


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Source: 
The Telegraph