Scrooge McBuck

Benefiting from the devaluation of money via gold and silver...

Ever since the end of the gold standard in 1971, governments have been able to print money at will, and they have done so, in some instances, with abandon. Gold and Silver, as the legacy form of independent money, have risen accordingly. Gold is among the most widely traded forms of money in the world to this day, and a key reserve asset of central banks, which hold it both for trade and in case of a currency crisis.

Since 2008 and especially during the pandemic, money printing went almost vertical. Many major world governments finances are, by their own reckoning, on an unsustainable path, which if not corrected may lead to massive inflation or worse.

Gold is the hedge par excellence for that scenario and its price has reacted accordingly, handily outperforming most assets so far this century. Our expectation is a continued rise, and this thesis bucket also represents a form of insurance against all the financial assets held elsewhere in the portfolio.

Pynk One Ltd is a company registered in England and Wales (No. 12940786) with the registered office at 20-22 Wenlock Road, London, England, N1 7GU.

Thesis Portfolio is the trading of Pynk One Ltd. Pynk One Ltd (FCA reference no. 942958) is an appointed representative of WealthKernel Limited (FCA reg no. 723719), which is authorised and regulated by the Financial Conduct Authority.

Investing involves risk to your capital. Past performance is not an indication of future results; the value of your investments can go down as well as up, and you may get back less than you originally invested. The information contained herein does not constitute investment advice or investment research and should not be relied upon to make any investment decisions. References to specific assets or securities are included for illustrative purposes and should not be understood as an endorsement or a recommendation to engage in investment activities.

Please invest aware.