RE: Our gold went cheap as chips2 Jan 2024 08:06
Johnnygreenfeet
"It was sold at market price at the time it just happened to rise after it was sold the same happens to me when I sell shares !"
More rewriting of history? Or just plain ignorance of the facts?
The Bank of England strongly advised Brown not to sell – especially when large quantities were already being sold from countries including the Netherlands, Australia, and Argentina.
Brown was, ironically, bending over for the USA, showing support for the dollar by selling gold.
In selling so much gold, at such a bad time, the price of gold went down even further.
Gold's subsequent increase in value is well known.
Labour's Gordon brown, cost the country billions !!
And it was pure incompetence !!