goldfinger
- 09 Jun 2005 12:25
Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).
Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.
cheers GF.
goldfinger
- 16 Apr 2013 16:05
- 23899 of 81564
he he........
Dave Camoron@EtonOldBoys11m
Panic selling forces gold to two-year low, you was right to sell the shit Gordon @Telegraph http://soa.li/8auXE2M
skinny
- 16 Apr 2013 16:06
- 23900 of 81564
France finds most horsemeat in EU DNA tests: EU sources
BRUSSELS (Reuters) - France found more cases of illegal horsemeat in beef products than any other European Union country, early results of DNA tests ordered in the wake of the scandal.
Haystack
- 16 Apr 2013 16:12
- 23901 of 81564
Brown sold our gold at $300 an ounce. The current price is around $1300/ounce. Well done Brown!
skinny
- 16 Apr 2013 16:12
- 23902 of 81564
Yep - nice one Gordon (is a M*)
-----------------^
"The sale of UK gold reserves was a policy pursued by HM Treasury over the period between 1999 and 2002, when gold prices were at their lowest in 20 years, following an extended bear market. The period itself has been dubbed by some commentators as the Brown Bottom or Brown's Bottom."
goldfinger
- 16 Apr 2013 16:13
- 23903 of 81564
Had horse meat in a goulash over in Belgium on football tours for three years running. Gorgeous it was rather dark with a yellowy fat.
Chips with it mind. Belgians love their chips.
But very tasty and not off putting. All the lads wanted seconds.
Have to say tho when its not marketed as horse meat...... a big NO NO.
goldfinger
- 16 Apr 2013 16:15
- 23904 of 81564
True skinny but hindsight is a wonderfull thing.
He was by the way taking advice from City Experts, same City Experts in the main who had advised Maggie.
Haystack
- 16 Apr 2013 16:28
- 23905 of 81564
A great deal of Gordon Brown’s economic strategy would strike a sane man as troubling. Not a great deal was mysterious. The orgy of consumption spending, frequent extensions of the cycle over which he would “borrow to invest”, proclamations of the “end of boom and bust”: these are part of the armoury of modern politicians, of all political hues.
One decision stands out as downright bizarre, however: the sale of the majority of Britain’s gold reserves for prices between $256 and $296 an ounce, only to watch it soar so far as $1,615 per ounce today.
When Brown decided to dispose of almost 400 tonnes of gold between 1999 and 2002, he did two distinctly odd things.
First, he broke with convention and announced the sale well in advance, giving the market notice that it was shortly to be flooded and forcing down the spot price. This was apparently done in the interests of “open government”, but had the effect of sending the spot price of gold to a 20-year low, as implied by basic supply and demand theory.
Second, the Treasury elected to sell its gold via auction. Again, this broke with the standard model. The price of gold was usually determined at a morning and afternoon "fix" between representatives of big banks whose network of smaller bank clients and private orders allowed them to determine the exact price at which demand met with supply.
The auction system again frequently achieved a lower price than the equivalent fix price. The first auction saw an auction price of $10c less per ounce than was achieved at the morning fix. It also acted to depress the price of the afternoon fix which fell by nearly $4.
It seemed almost as if the Treasury was trying to achieve the lowest price possible for the public’s gold. It was.
hilary
- 16 Apr 2013 16:29
- 23906 of 81564
Gordon Clown did take advice from city experts but, unfortunately, he chose to ignore that advice.
The advice was that gold trades in approximately 10 year cycles and that he would be far better off waiting for a decade or so if he wanted to sell.
goldfinger
- 16 Apr 2013 16:34
- 23907 of 81564
Yes haystack which right wing publication did you copy and paste that from?.
goldfinger
- 16 Apr 2013 16:47
- 23908 of 81564
In destroying the Unions, she set the scene for the grabbing of all the proceeds of growth by the wealthiest in society. The point at which the wages of the top end started diverging from the rest of the population is firmly on her watch. Britain's Unions may have been a particularly dysfunctional breed, but they did serve a purpose in defending the least well off in society.
Moreover, the idea that she transformed the economy as a whole is something of a myth. In the 30 years prior to 79, Britain grew around 150%. In the 30 years after, it grew 100%. Some transformation
doodlebug4
- 16 Apr 2013 16:48
- 23909 of 81564
hilary - exactly, and Gordon Clown did more harm to the Labour party than just choosing to ignore advice from city experts. If Margaret Thatcher was arguably one of our best Prime Ministers, Gordon Clown must have been one of our worst.
goldfinger
- 16 Apr 2013 16:52
- 23910 of 81564
Well DB Camoron will historicaly end up even lower than Brown.
What does that say of the state of the present Tory party?.
Even my local Tory club have put larger up 30p a pint!!!!.
On asking a pointing out the recent budget I was advised it was the wholesalers at fault ??????
Haystack
- 16 Apr 2013 16:53
- 23911 of 81564
Mrs T didn't destroy the unions. She brought democracy to the unions and made them accountable. Labour must have liked it as they did not repeal a single law brought in under Mrs T.
skinny
- 16 Apr 2013 16:57
- 23912 of 81564
Horse DNA in 5% of EU tested beef products
Horse DNA has been found in up to 5% of beef products randomly tested across the EU, according to results from the European Commission.
Inspectors also found the banned anti-inflammatory horse drug phenylbutazone, or "bute", in 0.5% of horsemeat tested.
The EU said it was "a matter of food fraud and not of food safety".
The three-month programme of checks was agreed by the 27 EU member states in February after horsemeat had been found in a batch of Findus frozen lasagne.
doodlebug4
- 16 Apr 2013 16:57
- 23913 of 81564
That is a moot point about Cameron, gf, since he is still in office and he still has time to get his act together.
skinny
- 16 Apr 2013 17:00
- 23914 of 81564
18 months old but ...
PHOTOS: Trade Union Leaders On Six Figure Salaries
The six figure salaries of Trade Union bosses were revealed in the wake of mass walk-out threats protesting against spending cuts and strikes over pension reform plans.
Unions receive substantial subsidies at taxpayers’ expense. £18.3 million was received in direct payments from public sector organisations and £67.5 million in staff time in 2009-10. 2,493 full time equivalent public sector employees working for trade unions. This could indirectly support executive pay.
These Trade Union figures might be familiar from speeches railing against public spending cuts.
Their financial renumeration is less familiar...
goldfinger
- 16 Apr 2013 17:07
- 23915 of 81564
I d rather have support from unions as a political party than funds from facists murders peados and thieves like the Torys. Dodgy to say the least and a point I brought up with Mick Hesaltine last year.
goldfinger
- 16 Apr 2013 17:10
- 23916 of 81564
Jesus christ Skinny, the union leaders put in hours and hours per week and most very well educated and trained AND you forget VOTED INTO POWER.
Can you say the same of their equivalent the top bosses in boadrooms on million pound salarys per year plus bonuses for failure.
Haystack
- 16 Apr 2013 17:10
- 23917 of 81564
If trade unions are so anti private medical care, why have 3.5 million trade union members signed up to it? Several of the largest trade unions offer private medical cover including Unite and Unison.
goldfinger
- 16 Apr 2013 17:13
- 23918 of 81564
DB time to get his act together LOL LOL LOL now come on thats a leg pull.
The lib dems break away this autumn dont forget(build up to next election), that will add to the problems from UKIP.
They havent a chance.