UK’s Massive £5 Trillion Plus Real Debt Will Result In Currency Crisis

  • While all the focus is on Brexit, the UK faces a currency crisis

  • UK has over $8T in external debt: 2nd largest debtor in world after US

  • 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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