My job with Stephen Flood: Brexit bringing gold from London to Dublin

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THE movement of a large quantity of gold bullion from London to Dublin following the opening of GoldCore vaults earlier this year reflects a growing demand from investors to relocate tangible assets out of the UK. The first consignment consisted of gold bullion coins and bars weighing 2,000 troy ounces and worth more than €2 million.

“Brexit is a threat to the UK, to Ireland and the entire EU project, it is a phenomenon that has ramifications for the entire 27 countries in the EU and its citizens,” says Stephen Flood, CEO of Goldcore. “With the rise of both left-wing and right-wing political movements, people are railing against the impact of globalisation including mobile workforces, corporatism and rising inequalities.