The last time this happened, gold soared for 10 years

Gold is closing in on its all-time highs. On Monday, gold broke above $2,000 per ounce—the highest it’s been in over a year: Its all-time high of $2,074 is now within reach. And if history repeats, gold could soar 600% from here. Here’s what I mean… The gold price has been stuck in neutral for the last 12 years. …Visit Risk Hedge to read full story Image Credit: Yahoo/Finance / Risk Hedge

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London house price growth slows while rents record greatest increase since 2013

London house prices increased by 3.3 per cent in the year to January, which is down from the 5.9 per cent annual growth seen in December 2022. London recorded the lowest price growth of any region in England in the year to January 2023, according to the Office of National Statistics (ONS). House prices in the capital remain the most expensive of any region in the UK, with the annual increase of 3.2 per cent in January taking the cost of a home to £534,000 on average. As the housing…

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Populous’ spherical music venue gets go ahead to be built in London

Architecture studio Populous has won planning approval for the MSG Sphere music and esports arena, which will be London‘s largest indoor venue. Designed for the organisation that runs New York’s Madison Square Garden (MSG), the 90-metre-high spherical music venue would be built near the Olympic Park in east London. It is set to be built after the London Legacy Development Corporation‘s planning committee voted six to four in favour of the proposal. It made the decision despite 852 objections submitted in opposition to the project. In total, 355 responses were received supporting the proposal. …Visit dezeen to read full story…

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