Mark Uttley

Niet

A leftie "friend" just posted this link on his FB page. https://medium.com/@theonlytoby/history-tells-us-what-will-happen-next-with-brexit-trump-a3fefd154714#.rzm6k65pc Brexit and Trump's election might lead to nuclear war in Europe and a return of the Black Death, apparently.

Let that be a nelson for us all.

Sven-Goran Eriksson: I hate only one person on earth - the man who cost me £10 million Oopsie!!

Pathetic response. If you don't know the difference between portfolio and assets, then you understand nothing.

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.

Apologies. I think it was Doncaster.

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.

And the ones who seek only affirmation deserve to lose money.

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.

No he isn't. He says

I clicked on your link. R K said.... That's not bearish, nor a prediction. Just an observation.

ad-vice n: 1. an opinion or recommendation offered as a guide to action, conduct, etc.: Of course it was.

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.