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About Mark Uttley
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From The Daily Telegraph article The World's Worst Holiday Destinations.
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Niet
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Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
Let that be a nelson for us all. -
Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
Pathetic response. If you don't know the difference between portfolio and assets, then you understand nothing. -
Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
Utter tosh. You are confusing assets with portfolio, and not for the first time, so I assume you either don't understand the difference, or that you are deliberately trying to mislead. It's quite possible to have substantial assets and zero portfolio, in which case the correct holding of PMs is zero. An obvious example would be an elderly couple, who own their £100K house and have £4K in savings. According to you, they should sell their furniture and stack up their front room with gold. -
Wow. He sounds a smart cookie.
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The bit about him being a "former ice-cream salesman" is true. He was rather good at it it seems. Not easy when there are pitch wars to be fought in Glasgow. He also had a string of Nursing homes, mostly purpose built. In a simila vein he built and ran a number of Nurseries (child care). This was the business that launched him into the multimillionaire bracket when he sold it. From there he went on to form his Fitness Club. So, no, not a one-trick pony.
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Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
And the ones who seek only affirmation deserve to lose money. -
Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
When I first joined this site there were property bulls that used the same argument against anyone who dared to suggest that houses were too expensive. I suspect some of them have gone bust since then. -
Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
No he isn't. He says -
Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
I clicked on your link. R K said.... That's not bearish, nor a prediction. Just an observation. -
Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
ad-vice n: 1. an opinion or recommendation offered as a guide to action, conduct, etc.: Of course it was. -
Gold strategy in the current economy
Mark Uttley replied to Lepista's topic in House prices and the economy
It is a seriously bad idea to put 10% of your assets into gold. You may wish to put 10% of your portfolio into gold, but for most people this equates to zero.