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Gold is booming – but how safe is it for investors, really?
"What you have there is about £250,000 worth of gold," Emma Siebenborn says as she shows me a faded plastic tub filled with old, shabby jewellery - rings, charm bracelets, necklaces and orphaned earrings. Emma is the strategies director of Hatton Garden Metals, a family-run gold dealership in London's Hatton Garden jewellery district, and this unprepossessing tub of bric-a-brac is a small sample of what they buy over the counter each day. It is, in effect, gold scrap, which will be melted down and recycled. Also on the table, rather more elegantly presented in a suede-lined tray, is a selection of gold coins and ... (full story)