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Old 21-04-2011, 09:51 AM #1
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Default Gold price rises to $1,500

Gordon Brown sold 400 tonnes of British gold for between $256 and $296 an ounce, raising a fifth of what would have been paid today.

Has anyone caused more harm to this country than Gordon Brown?


Read more: http://www.dailymail.co.uk/news/arti...#ixzz1K9L4NAVL
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Old 21-04-2011, 09:59 AM #2
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I still cant believe Brown sold all our gold when prices were at a 20 year low, it was a ridiculous decision
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Old 21-04-2011, 10:00 AM #3
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Where does gold come from in the UK?
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Old 21-04-2011, 10:53 AM #4
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Quote:
Originally Posted by happyland View Post
Where does gold come from in the UK?

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Old 21-04-2011, 10:54 AM #5
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Originally Posted by MTVN View Post
I still cant believe Brown sold all our gold when prices were at a 20 year low, it was a ridiculous decision

Yes that UnElected Fool
was Stupid on selling our Gold stock.


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Old 21-04-2011, 07:22 PM #6
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Gold is a fairly good store of wealth that hasn't changed much over the centuries. For example, in ancient Rome you could have taken one ounce of gold and bought a very fine toga, a pair of sandles, and a handmade belt. That same ounce of gold could be used today to purchase a very fine suit, pair of shoes, and handmade belt. If gold was our money once again then prices would be remarkably stable over our lifetimes.

Gold doesn't go up in value. The dollar goes down in value through counterfeiting by the central bank. People don't seem to understand that.
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