spermann

does anyone know if he has made friends with Buster yet?

It may be a good move long-term, maybe Pinewood will succeed and the share price rocket, maybe we'll attract more film productions (and their budgets) to the Island, maybe someone will come along and buy the lot for four times more than we paid for it...who knows. The evidence we have of 'returns' from investment in film so far don't exactly fill you with hope.

My problem is that right now that money could have done a lot of immediate good in the Island, supporting front line services, minimising painful cuts, assisting local businesses to weather the financial storm, preserving jobs, promoting local start-ups etc etc.

I like the sentiment in this post but don't you think that the same could have been said when the government invested in e gaming, space commerce, shipping, aircraft register etc... They were all investments in new business. The pinewood deal is more than just a dividend return on a shareholding. It is also about bringing film production to the island from pinewood.

Of course there are no dead certs

 

That's right, but then you laugh and call into question the intelligence of someone who suggests it might go down. Given that it has been going down for the last three months puts your knowledge into question.

 

but if I was to have an option of where to put my currency for a rainy day I would opt to put it into gold, something that has been money for thousands of years. In fact I would probably put it into silver as well, it's 'poor relation' if I wanted a more riskier option but that's another argument.

 

I wouldn't (and don't) put my savings into any single holding. Why take that risk?

 

Central banks at the moment all around the world are buying gold in record quantities as they don't want to be sat on ever depreciating currencies. In fact countries are now asking for their physical gold to be repatriated back from New York and London (Venezuela, Germany...) such is their desperation to hold the physical stuff and not have it rehypothecated numerous times over and just earn leasing fees for it.

 

Yet the price is dropping, so there must also be selling in greater quantities. I don't think buying gold's a bad bet, but I don't think it's the dead cert you have it as particularly when the worlds largest holder is in such an uncertain place at the moment.

 

Point 1 - Maybe I shouldn't have used the word 'Intelligence' as it's a bit disrespectful. I did change it after I'd wrote it but you'd already responded.

 

Point 2 - I haven't advocated putting all eggs into the gold basket, we're merely discussing my views on the old yellow relic

 

Point 3 - Until you understand the precious metals market and how it works looking at the short term fluctuations mean nothing. I can assure you that whatever the US bullion banks (who probably hold the gold, not Fort Knox) do they will not sell their physical bullion. Yes they may sell billions of ounces of paper metal but not one ounce of physical. Some very large players are manipulating the gold price downwards at the moment, many speculate it's China playing a very smart game, driving down the price by shorting the paper market and using their huge stockpile of dollars to acquire the physical on the cheap.

 

'He who has the gold makes the rules' as the old saying goes.

 

But we digress. I think a proportion of our reserves should be in gold. No more, no less.

Wow, have you spent the afternoon on google to come up with point 3. Sounds good!

I think it's a good move. It puts our film talent on the map and gives us in roads into up and coming productions. Don't forget the share capital is still there. I don't think Whittaker would want his name associated with a bad investment, he is resident on the Island and would not want the bad PR at his age. Like any investment there is risk but I am sure that this has been calculated. I would rather reveres are invested in this than gold (as mentioned earlier). Gold must surely be nearing the top of its boom years by now and the next curve will be downwards.

 

Haha. You've got to laugh at the intelligence of some people.

Let's debate it then. You tell me why you think this investment is going to fail?

I think it's a good move. It puts our film talent on the map and gives us in roads into up and coming productions. Don't forget the share capital is still there. I don't think Whittaker would want his name associated with a bad investment, he is resident on the Island and would not want the bad PR at his age. Like any investment there is risk but I am sure that this has been calculated. I would rather reveres are investigate in this than gold (as mentioned earlier). Gold must surely be nearing the top of its boom years by now and the next curve will be downwards.

 

But I am not sure Gold will take a dip of was it 17 million on an initial investment ?, oh and our film talent extends as far as Samantha !!

The share capital has not been lost.

I think it's a good move. It puts our film talent on the map and gives us in roads into up and coming productions. Don't forget the share capital is still there. I don't think Whittaker would want his name associated with a bad investment, he is resident on the Island and would not want the bad PR at his age. Like any investment there is risk but I am sure that this has been calculated. I would rather reveres are invested in this than gold (as mentioned earlier). Gold must surely be nearing the top of its boom years by now and the next curve will be downwards.

Have a game of spot the difference.

http://manxdetailing.com/services/engine-detail/

well i suppose now we have:

the chinese woman who walks up and down the prom with her dog in the pram.

the tall guy who walks the prom with his liverpool fc, coat,t shirt (summer only)...

butch the seafood cook

the mature paperboy who does the daily delivery around athol street

etc etc etc

If a hippy was a vegatable they would be a yam.

What is it with the sefton group, they seem to be awarded quite a lot of government projects at the moment.

 

They also are building down the new airport extenstion.

 

I wonder who has fingers in that pie?

 

i think that you will find that all Capital Government work goes out to competitive tender.

 

be carefull with your comments!

 

ha ha ha ha sorry i thought u were bring for real,

challenge me on a public forum then!

What is it with the sefton group, they seem to be awarded quite a lot of government projects at the moment.

 

They also are building down the new airport extenstion.

 

I wonder who has fingers in that pie?

i think that you will find that all Capital Government work goes out to competitive tender.

be carefull with your comments!

And if no-one likes it then it's £30 million down the drain.

 

30 million private investment, so not a worry.

shareholders

exited well used vagina

wasps

 

(Or waaaaaasps.)

elephant

sex