MoneyWeek roundup: The hopeless optimism of homeowners

James McKeigue highlights the week's best pieces from the MoneyWeek team, including: why homeowners are hopeless optimists, how to stop the government raiding your gold, and how the West is striking back.

From strict official sponsors clamping down on local businesses, to bungling security contracts, it seems the Olympics have given us a chance to excel in our most competitive sport moaning.

But the British aren't always pessimistic, says Merryn Somerset Webb in her blog. When it comes to house prices, we are "hopelessly optimistic".

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James McKeigue

James graduated from Keele University with a BA (Hons) in English literature and history, and has a certificate in journalism from the NCTJ. James has worked as a freelance journalist in various Latin American countries.He also had a spell at ITV, as welll as wring for Television Business International and covering the European equity markets for the Forbes.com London bureau. James has travelled extensively in emerging markets, reporting for international energy magazines such as Oil and Gas Investor, and institutional publications such as the Commonwealth Business Environment Report. He is currently the managing editor of LatAm INVESTOR, the UK's only Latin American finance magazine.