George Kerevan: Scotland's economy is a diverse one, despite what Unionists say

A worker at Bruichladdich distillery takes a whisky sample from a cask in Islay. (Photo by Jeff J Mitchell/Getty Images)

THE price of an ounce of gold is up on the year by around £200. When you have rampant inflation, investors seek to park their cash somewhere that holds – or increases – value. Like gold.

And inflation is increasing faster than even the Bank of England is telling us. The latest forecast from Goldman Sachs is that CPI inflation (always an underestimate) will hit an annualised 14.4% at the start of next year. Ouch!