There was a good turnout for a recent GoldMoney breakfast seminar on the benefits of owning physical gold as opposed to paper gold. During the seminar delegates also had the rare opportunity to handle gold and silver bars.
The global bullion market has recently witnessed the dichotomy of falling prices, but rising demand for physical gold. GoldMoney's Head of Research, Alasdair Macleod shared his research on how the two are interacting: 'I believe that gold is undervalued and I wanted to explain how I reached that conclusion. It was a wonderful opportunity for us to meet with existing and new customers, and there were some excellent questions afterwards which showed the level of interest in this subject.'
Alasdair Macleod first became a stockbroker in 1970 and a member of the London Stock Exchange in 1974. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. After 27 years in the City he moved to Guernsey, where he advised a number of offshore institutions as a consultant, becoming an executive director for an offshore bank in Guernsey and Jersey.
The breakfast briefing was held at Grand Jersey Hotel.