Wednesday, October 01, 2008


"the summer of 1999, against the wishes of people who paid attention during their economics classes, our ‘prudent’ Chancellor of the Exchequer,[Today Prime Minster] Mr Gordon Brown, started selling off over half of Britain’s gold reserves (three hundred and ninety-five tonnes in total) for a knockdown price of around $275.00 a troy ounce."


"Having broken through the $1,000 barrier earlier in the year, the gold price has retreated slightly and is now trading at around $880 an ounce."

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