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 Originally Posted by MadMojoMonkey
It goes sell your gold when the price is high, then turn around and wait for the price to drop and re-buy your gold for less.
Same gold, but now with more money on the side.
It's not like the price of gold is going to stay down for long.
The problem with what he did was he sold the gold when the market was already at the bottom of a dip. If he'd hung on to it longer it would have been worth more.
And, whatever his "little scheme" to enrich his friends was supposed to be, it would only have worked if he hadn't announced the plan to sell the gold ahead of doing it. As it was, anyone could have used the information not just his mates.
https://www.bbc.co.uk/news/business-48177767
Then again if we want to talk about wasting money, I don't think the Tories should be pointing any fingers right about now.
https://www.theguardian.com/politics...e-figures-show
£37bn on a test and trace system that didn't work wasn't exactly a good invesment either.
https://committees.parliament.uk/com...ther-lockdown/
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