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Category: Campfire

Around the campfire: Economics starts to trump health – crowds are OK again

Spring is here and finally, we have some sunshine! In the UK, the mood is lifting, nicely coinciding with the easing of the government's restrictions...

1 April 2021

Jason Cozens

Spring is here and finally, we have some sunshine! In the UK, the mood is lifting, nicely coinciding with the easing of the government’s restrictions on social interaction. As of Monday, this week the rules allow six people (or two households) to be free to meet outdoors, and outdoor sports and open-air swimming pools are again open.

In the past 12 months – the UK went into its first ‘lockdown’ 23 March 2020 – we have acquired lots of new vocabulary; ‘social-distancing’, ‘flattening the curve’, ‘lateral flow tests’, ‘immunocompromised’, ‘intubation’, ‘personal protective equipment’, ‘proning’ … the list goes on. Will we still be using them a year from now or will they just be distant bad memories. We are told that Covid-19 (or some variants) will still be with us but that we will have to live with that. They can’t lock us away forever though. Economic need is starting to trump health anxieties. Policymakers are starting to realise (I hope) that they need to get the economy restarted.

From 12 April, gyms, hairdressers and other venues can re-open in England but not until 21 June (on current plans) will all legally-imposed limits on social contact be removed. Nightclubs from that date can throw their doors again.

Brits can, in other words, look forward to going back to ‘normal’. But after a year of more or less enforced social distancing, we have no idea what that might be. I presume that at most social gatherings there will be one main topic of conversation – ‘how was life for you under lockdown?’

But at least it will soon be legal to rub shoulders with strangers, shake hands with friends, and hug one another again – crowding will be back and I can’t wait.

For the Glint team, crowds are starting to re-appear. As we have been advertising in recent editions of The Treasury, we are offering Glint clients the chance to pre-register their interest in investing in Glint, and to join our gold-as-money movement. Very soon now, we are throwing the invitation open to the wider public – crowds are back!

Have a great week!

Jason.

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