So come on, pick Boris's successor.

Or sell all your gold at rock bottom prices again.
At the going rate actually and the sale didn't have much effect on gold prices. The stuff just sits there really and doesn't achieve much

Nautical Penny has joined the race - produced a video too.
 
Or sell all your gold at rock bottom prices again.

Edit: Apologies, that was Labour.

you are falling into the trap of believing the Tory press

If you have a look at the price performance of a gold holding in the 20 years and more preceding the sale, and compare it to the growth obtained by investment in industry or public services, you will see the reason

If you'd invested a million pounds twenty years ago, and it had consistently gone down, you'd be kicking yourself.

luckily, you can spot all the retired motor mechanics who knew better, and bought gold in 2000.


goldprices.png



and here is 20 years of the FTSE100

ftse100 since 1980.png


Norway also had an oil boom, and invested in a Sovereign Wealth Fund.

Where is ours?
 
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Some of the bigger name people have joined the race. Hunt for instance who wants to cut corporation tax, put up as cutting didn't achieve anything. Others are talking about general tax cuts. Crack pot really in terms of matching inflation. Even 1p of the basic rate. That'll make an enormous difference.

LOL A pundit on BBC feels tax cuts will have problems as without cuts in expenditure they will result in more debt. We are paying more tax because the general public sector is in a mess - spend even less???? He also pointed out that there is no evidence that low taxation helps growth - mentioning Scandinavian countries as an example who also have a better general standard of living than we do.

So it sounds more of the usual Tory dogma will be on offer - has it ever really achieved anything?
 
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I've heard that the Tory right wing vote is split which it seems will push Truss backer numbers down. Rishi and Penny win on both counts at the moment. Penny has been involved with communications but apparently her campaign video is a bit strange, Rishi's is how he went to westminster school etc and became a multimillionaire in his own right. ;) Well sort of from humble beginnings. Seems the fees are rather high.

Sunak attended Stroud School in Romsey, Hampshire, and Winchester College, a boys' independent boarding school, where he was head boy and the editor of the school paper.[10][11] He waited tables at a curry house in Southampton during his summer holidays.[7][12] He read philosophy, politics and economics at Lincoln College, Oxford, graduating with a first in 2001.[4][11] During his time at university, he undertook an internship at Conservative Campaign Headquarters.[10] In 2006, he gained an MBA from Stanford University, where he was a Fulbright scholar

LOL Rishi was honest about one thing - what he can do about power prices for consumers, :) I think vat and green charges on those aught to be moved over to income tax which would push them up.
 
Anyone but Rishi.
too slick and sauve for my liking, plus I doubt he has any conception of reality with his 700 million dollar wife. Sadly though the bookies have him as favourite, and the bookies are never far wrong.

After reading a bit about all the candidates my favourite now is Penny Mordaunt (named after a battleship but well disguised as a beautiful woman) . Seriously though she speaks well and appears serious and thoughtful.
 
Or sell all your gold at rock bottom prices again.

Edit: Apologies, that was Labour.

Anyone but Rishi.

Indeed...

"Rishi Sunak has been accused of wasting £11bn of taxpayers’ money by paying too much in interest servicing the government’s debt.

The National Institute of Economic and Social Research (NIESR) said the losses were the result of the chancellor’s failure to insure against interest rate rises on £900bn of reserves created through the quantitative easing (QE) programme.

The losses were said to exceed the amount that the Conservatives have accused the former chancellor Gordon Brown of losing when he sold some of the UK’s gold reserves at rock-bottom prices."
 
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