SELLING GOLD, THE WORST INVESTMENT DECISION OF ALL TIME?


Hello and welcome to the May edition of the Priscum newsletter. The 7th of May marked the 20th anniversary of what some have called the worst investment decision of all time. Chancellor Gordon Brown commenced selling over 400 tons of gold between 1999 and 2002 at an average price of $275 an ounce. The price today is about $1,279, a reminder perhaps that investment is a long-term game. Some think that it was sensible to diversify our assets.

Sad news The financial adviser has stopped publishing Cartoons in their Newspaper so I have had to find my own Cartoons to add to todays Newsletter I shall have to draw my own in future as the ones on Ze Googlez are not as good.

As we are shortly are to have a new prime minister I here by announce my Candidacy for Prime Minister. Here is my manifesto. ALL Politicians to move into a disused tower block and blow it up with them all inside. Parliament would then be a museum. My justice policies would be 2 things a fire breathing Dragon and Sharks with Freaking Lazer Beams on their Head. But if the sharks are to expensive I will use ill-tempered mutated Sea Bass. I also have the following policy’s, The compulsory serving of asparagus at breakfast, Free corsets for the under fives, Tougher sentences for geography teachers and the Abolition of Slavery.


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