The game of musical chairs can be a useful metaphor for financial market dynamics, in particular crises. But does it apply to gold, a non-financial asset?
At what point does the government realise they have run out of private sector workers to tax? In a way, that has already happened. Not just here in the UK, but globally. It’s why government debt continues to rise. As grim as it may seem, we do have hope. And we are optimistic.