During the present economic crisis many capitalists have looked for alternatives to the stock market to invest their money in. Some have bought up gold or silver as a hedge against the following dividends. Some have even taken up stamp collecting. Stanley Gibbons the stamp sellers have reported increased profits as the rich scramble for stamps. "It's a horrible time to be rich," said Michael Hall, the company's chief executive. Not that I'd complain." (Times, 6 August) Apparently China is proving to be a big market with 24 Penny Blacks sold there for six figure sum and a particularly rare local stamp fetching £625,000. RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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