Gordon Brown and his advisers ignored experts' advice and sold 400 tonnes of British gold reserves in a pre-announced sale that helped drive the price received paid for the gold down to a 20 year low. Gordon Brown managed to achieve a price of under $300 an ounce for the gold, the price of gold has just breached the $1,500 per ounce level. I calculate that as 1 tonne equates to 35,273.9619 ounces, Gordon Brown and his advisers including Ed Balls and Ed Miliband have lost the country around $16.9 billion which is around £10.3 billion - that's £10,300,000,000 - so far on this deal.
Gordon Brown - economic genius fit to lead the IMF or dangerous idiot who preferably should stand trial for his reckless stupidity or at least face the deserved ridicule of this country?
I have posted before on this matter and will do so again. The BBC however will not remind us of the stupidity of Gordon Brown in selling gold to 'achieve a better balance in the portfolio by increasing the proportion held in currency' as protecting Labour from attack is one of their top priorities.
Gordon Brown - economic genius fit to lead the IMF or dangerous idiot who preferably should stand trial for his reckless stupidity or at least face the deserved ridicule of this country?
I have posted before on this matter and will do so again. The BBC however will not remind us of the stupidity of Gordon Brown in selling gold to 'achieve a better balance in the portfolio by increasing the proportion held in currency' as protecting Labour from attack is one of their top priorities.
Please let him 'run' the IMF. It would do more for freedom than anything else I can think of and this includes killing the political class en mass!
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