The Phaserl


Precious Metals in 2014

by Alasdair Macleod,

“Now the New Year reviving old desires…The thoughtful Soul to Solitude retires” – Rubaiyat of Omar Khayyam

Yes folks, it’s that time of year again; but unlike old Khayyam who reflected bucolically on the continuing availability of wine, we must turn our thoughts to the dangers and opportunities of the coming year. They are considerable and multi-faceted, but instead of being drawn into the futility of making forecasts I will only offer readers the barest of basics and focus on the corruption of currencies. My conclusion is the overwhelming danger is of currency destruction and that gold is central to their downfall.

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