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The right questions here? No matter what job figures, inflation, BOE rate rise GDP or what ever are reported. Common sense says to me pre -covid the country has a huge debt due to Brexit. Post-covid that huge debt became Monstrous. Now with £billions leaving for Ukraine who currently look like they will not be paying back the money when Russia takes the reigns in guiding her towards a more communist way of living wether they like it or not. Our debt levels look like they are on course for a re-write as it seems every country within the west has this issue. The only way the debt will get written off is if the west go to a war time economy. Only some big event will help those who failed us start again. Is this the way we are heading because you would be rather foolish to look at the figures our systems offer us even though they contradict what we know is factual.
GOLD! GOLD! GOLD! Whiskey, wine, art antiques, old vehicles as a compliment... imho
Not sure whiskey would be a good investment option...
I have in my collection a 1990s bottle of southern comfort(I know it's not exactly whisky( Retailed at at around £20 34years later valued at £360 simply because they changed the design of the bottle. The trouble with whisky is it doesn't store well in your gut :)
I inherited some top notch Scottish whiskey there last year.
Opened some of it and tried it.
I drank it under protest as it was a bit smoked for my liking.
I prefer the Irish pure drop, that is triple distilled, than that lower quality Scottish, that is only distilled twice.
Notwithstanding, I will not be investing in Whiskey. I will stick to shares, thankyou.
Proper12 is the one STP. Maybe pour a glass whilst you embark on your journey of learning economics. My advice, start with Thomas Sowell: Basic Economics. But yeah, the whisky will help, it might turn the wheels so to speak. Let me know how it goes.
I could not believe the furlough scheme. It was not policed and they threw money at people like confetti. It was a joke. Everyone had their snouts in the trough. Then chickens came home to roost!!
Gold does not pay a dividend...
Why not go for gold miners instead..!
I do have a few miners, but they have been a bit of a roller coaster.
STP.
“I do have a few miners”
A few? How many is a few?
Must be too many to count. Quite the prolific investor, I wonder why you keep changing you handle on this site.
Cost of living itself would drive £16 bottle up to £19 in one year.. keep going COL.. keep going Inflation... 😃
TFE, I guess it must be a bit of bitter pill to swallow, when you realise that I have a much wider portfolio of shares than you hold. I have been prudent over the years and put money aside to fund my retirement.
ATB
DCB
''Scottish whiskey''
showing his Irishness
DCB
after many years, now claiming to be an extensive shareholder - good for a laugh.
Probably trying to keep his 131st ID. going
STP
“when you realise that I have a much wider portfolio of shares than you hold.”
You have no idea how many investments, sectors and companies I hold. But when you post here that you “have a few miners” it just smacks of 🐂💩.
So when your reply didn't, or more likely couldn't expand on “a few” that too smacks of 🐂💩.
You could have said… I prefer not to say, but instead boasted about “a much wider portfolio of shares,” we can all smell more 🐂💩.
I'm sure some contributors on this BB are genuine and therefore believable but nobody will believe you no matter what you post.
Afternoon TFE.
It is a sort of take it or leave it statement.
If you accept, then well and good, and if not, as you choose.
STP,
Haven't we established you shouldn't be offering advice or education until you achieve your understanding of Economics. Pick up the books and put down the narcotics.
Everyone else have a lovely day in some beautiful British sunshine. I might even crack open a nice Italian beer later. Facciamolo!!!!