The price of gold is $1023 an ounce but who sold our gold at $275 an ounce ?
As Chancellor of the Exchequer, Gordon Brown sold half of Britain's gold bullion reserves at an average price of $275 an ounce between 1999 and 2002. The price of gold closed at $1023 an ounce on the London market last night.Gordon Brown has therefore cost us $748 for every ounce of our gold that he sold so cheaply.I wonder how many billions Gordon Brown's very poor decision has cost us, the taxpayers ?Any private sector executive or Finance Director who made such a fundamental error would have resigned or been fired. But Gordon Brown has been promoted to Prime Minister.
David Giles ● 6340d1 Comments