Hi All4One and all,
Re: Gold.
“We own the damn stuff not the politicians, not the BOE and certainly not the RBA.”
With the greatest respect I feel you may need to re-think the line above, like you I have made similar mistakes.
I thought we as Australians owned things such as Telstra. This conglomerate was sold back to the people that owned it in the first place and listed on the ASX. The money raised from this sale was taken away and stored safely in a thing called the future fund. This money has been carefully placed by some of the best Politian’s money can buy in Australia to safe guard future pension payments. (Very Noble) Thing is not yours or mine but theirs.
“Australia's Future Fund has money invested in funds based in a notorious tax haven”
A classic case of do as we say not as we do!
https://www.theaustralian.com.au/business/business-spectator/news-story/future-fund-confirms-cayman-islands-use/260b403f446296a74cd0940cdab92907
The very fact that this happened in broad day light in front of the faces of all Australians without so much as a minor complaint only confirms my view of our apathetic society.
That’s why a long time back I decided to go onto my own personal Gold backed system I did this by buying physical Gold held outside of the regular banking system and well clear of people like John Howard!
Cheers and very best regards: Andy
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