Don't they know it's the end of the world?

CONTRARIAN INVESTOR

clock • 4 min read

I have always been curious why no-one offers an end of the world investment product.

Not because I have survivalist tendencies, although my wife complains my purchase of one gold sovereign coin every month is money that could be better spent on a new extension – she maintains I watch too many zombie films and “what is the use of a bunch of coins when it has all gone Pete Tong?” My protestations about the possibility of monetary collapse and “you never know what might happen” do not wash. Where I share her cynical view is on the relative value of emergency protection assets in portfolio asset allocation terms. Many smart managers are betting on physical gold in a dangerou...

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