Daily Wealth Letter from The Wealth Forums 08 July 2016

Reports — By on July 8, 2016 at 2:08 PM
Ian Brodie

Ian Brodie

Daily Wealth letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 249  FRIDAY,  JULY 8,  2016

Funds circle for Brexit bargains

Global sovereign wealth funds are waiting to pounce on bargains following the Brexit vote, a senior industry expert said on Friday. READ MORE: http://thewealthforums.com/2016/07/08/wealth-funds-circle-brexit-bargains/

Stock fall hits European wealthy most

The first half of 2016 has not been good to the richest people in western Europe. Over the past six months, the wealthiest citizens of Italy, Germany, Britain, France and Spain – Europe’s biggest economies – have had almost $17 billion erased from their combined net worth as the Stoxx Europe 600 Index fell 9.8 percent.   READ MORE: http://thewealthforums.com/2016/07/08/stocks-fall-hit-europe/

Japanese storing gold in Europe

Japanese investors are buying gold to store in Switzerland because of negative interest rates and fears the yen will depreciate as the government grapples with the heaviest public debt burden in the developed world, according to BullionVault, an online trading and storage company.  READ MORE:http://thewealthforums.com/2016/07/08/japanese-storing-gold-europe/

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