Advice to Europe – Part II

Antiquities

The big money has been buying Art, Real Estate, and ancient coins that are an international market. If you cannot get stock that is liquid, you need other “movable” assets be it coins or diamonds. Real Estate is not really movable. Fine Art has jumped more than 25% on the top end. Even retail sales in Britain were so robust they may have exceeded 2006 levels. It appears the big money is moving out of Europe getting off the grid as rapidly as it can.