UK’s Massive £5 Trillion Plus Real Debt Will Result In Currency Crisis (GoldCore Video)

May 22, 2019
  • While all the focus is on Brexit, the UK faces a debt and currency crisis
  • UK has over $8T in external debt: 2nd largest debtor in the world after the U.S.
  • True UK government debt exceeds £5 trillion as pension liabilities not in official numbers
  • Total UK national nominal debt surged over £2 trillion; Increasing at over £5k per second
  • Total debt (government, private, business & bank debt) as a percent of GDP is over 500%
  • Total UK debt could total £6.7 trillion by 2023, rising to nearly 260% of GDP – PWC
  • Diversify and own gold in the most cost effective way (CGT free gold sovereigns and gold and silver Britannias in the UK) and safest way in fully allocated and fully segregated storage

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

The purity of gold is measured in carat weight.

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