Could gold ownership be outlawed?

In the past, governments have tried massive interest rate hikes and the outlawing of gold ownership in order to protect their currency. But what can be done this time round to restore investors' faith in cash?

On the morning of Wednesday, 16th Sept. 1992, the Bank of England in London hiked UK interest rates from 10% to 12% the biggest jump in more than eight years.

The Old Lady promised a further hike to 15% for later that same day, too.

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Adrian has written all things gold related from if it’s worth buying, what the real price of gold should be and what’s the point of gold for MoneyWeek. He has also written for other leading money titles on his gold expertise including Business Insider, Forbes, City A.M, Yahoo Finance and What Investment Magazine. Now Adrian is head of the research desk at BullionVault, a physical market for gold and silver for private investors online.