“Neither the publisher of the list, nor a single one of the 1,000 wealthy UK individuals realise that in the next 5-10 years they will have lost on average at least 75-90% of their wealth in real terms.”
You know what I say to that? They will still be ahead of where they would be if they would have held gold and gold stocks.
My portfolio is littered with ridiculous losses that will never be recovered even if gold doubles from here. If it goes to $5K maybe I have a shot, but it’s doubtful because I’ll be paying $10 a gallon for milk.
Great effing insurance Egon.
Waiting for the last hour smash. Weaker USD is really helping pm’s today…LOL
Sorry folks, I’ll head back to the cave.