The GBP is becoming more and more worthless everyday and inflation is just around the corner - summer/autumn by my reckoning, the time to move you savings is now if you want to keep their value.
I have just opened an account at BullionVault to purchase gold. In fact currently they are even giving a free gram of gold, plus £1, $1 and €1 deposited into your BullionVault account for you to sell straight away. If you choose to sign up to BullionVault, please use the link I provide here as I get an extra comission (you can do the same on your own blog once your account is set up).
Another way of hedging, though I'm not so sure of it's potential now is through Zopa. At the time of this post, they are still offering 9.1% ROI, but will there be a rise in defaults as the year rolls out? Only time will tell but the ability to spread your lending by as little as £10 deadens the risk. Again the link I provide is an affiliation link which gives me a small bonus, so much appreciation if you use the link to sign up.
This is just what I'm doing to hedge our savings against potential inflation. The truth is it's almost, but not dead, certain and I'm not financial advisor. I recommend doing your own research on gold but I found this article from The Motley Fool very helpful, in fact TMF are a good source of financial wisdom on many fronts - I'd recommend searching their archives.
Err, that's it for now.
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