What I Told Alan Titchmarsh About $1920 Gold Prices
- US government debt was downgraded by the credit agencies;
- English cities and towns descended into rioting, looting and arson;
- Europe's single currency experiment looked set to explode in general strikes and violence.
"If you think the financial crisis is all over and everything's going to be sorted out, then gold [at $1920...£1194...or €1375] probably looks pretty expensive as insurance for your other investments right now."