Are we heading back to the gold standard?

Pretty soon, wealthier countries like Germany are going to demand security for their loans, says Bengt Saelensminde. Here’s why that's good news for your gold holdings.

Here's the problem with the debt crisis in Europe

Every time we see another ailing European nation bailed out, the stakes get higher and higher. As the debt piles up, so do the interest payments. And everyone begins to wonder how long the likes of Greece and Spain can keep up.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.