Gold's Diminishing Allure and Retail Resurgence Struggles

This chapter examines the recent underperformance of gold as an investment despite rising inflation, exploring its correlation with real interest rates and challenges from cryptocurrencies. It also addresses the struggles faced by traditional retail stores, particularly in Oxford Street, due to e-commerce growth and the impacts of the pandemic. Additionally, it discusses a controversial urban project in London aimed at revitalizing shopping areas, which has received criticism for its design and effectiveness.