+ Reply to Thread
Results 1 to 6 of 6

Thread: Gordon Brown & UK Gold sales

  1. Link to Post #1
    United States Avalon Retired Member
    Join Date
    13th February 2010
    Location
    Handbasket
    Age
    63
    Posts
    1,811
    Thanks
    180
    Thanked 1,573 times in 372 posts

    Default Gordon Brown & UK Gold sales

    "Explain Why You Sold Britain's Gold", Gordon Brown Told

    by Holly Watt and Robert Winnett

    Gordon Brown has been ordered to release information before the general election about his controversial decision to sell Britain's gold reserves.

    The decision to sell the gold – taken by Mr Brown when he was Chancellor – is regarded as one of the Treasury's worst financial mistakes and has cost taxpayers almost £7 billion.

    Mr Brown and the Treasury have repeatedly refused to disclose information about the gold sale amid allegations that warnings were ignored.

    Following a series of freedom of information requests from The Daily Telegraph over the past four years, the Information Commissioner has ordered the Treasury to release some details. The Treasury must publish the information demanded within 35 calendar days – by the end of April.

    The sale is expected to become a major election issue, casting light on Mr Brown's decisions while at the Treasury.

    Last night, George Osborne, the shadow chancellor, demanded that the information be published immediately. "Gordon Brown's decision to sell off our gold reserves at the bottom of the market cost the British taxpayer billions of pounds," he said. "It was one of the worst economic judgements ever made by a chancellor.

    "The British public have a right to know what happened and why so much of their money was lost. The documents should be published immediately."

    Between 1999 and 2002, Mr Brown ordered the sale of almost 400 tons of the gold reserves when the price was at a 20-year low. Since then, the price has more than quadrupled, meaning the decision cost taxpayers an estimated £7 billion, according to Mike Warburton of the accountants Grant Thornton.

    It is understood that Mr Brown pushed ahead with the sale despite serious misgivings at the Bank of England.

    [more here]

  2. Link to Post #2
    Avalon Member PINEAL-PILOT-IN MERKABAH's Avatar
    Join Date
    19th March 2010
    Posts
    112
    Thanks
    0
    Thanked 10 times in 7 posts

    Default Re: Gordon Brown & UK Gold sales

    id say he was pushed ahead by the bank of england despite misgvings from other politicians. mr brown unelected and the destroyer fo the last few whisps of freedom britain had. i think we see paterns here. make all sovereign states seem inept and corrupt, then watch them fall apart and hope the people go for the "we need a global solution" answer.

  3. Link to Post #3
    England Avalon Member K626's Avatar
    Join Date
    19th March 2010
    Location
    London
    Posts
    1,372
    Thanks
    2,379
    Thanked 3,039 times in 812 posts

    Default Re: Gordon Brown & UK Gold sales

    ET needed it for anti-magnetic shielding.
    In all ages, in all lands, there have been those who seek truth. This seeking is an individual's search for something more than self, and much more than the confines of this worldly system. It is the seeker, who understands there is more than what meets the eye, who is not afraid and makes the choice to go into the unknown. The process of awaking has begun, the discovery is underway.
    Alan Watt

  4. Link to Post #4
    Great Britain Avalon Member
    Join Date
    16th March 2010
    Location
    NE England
    Posts
    115
    Thanks
    0
    Thanked 6 times in 4 posts

    Default Re: Gordon Brown & UK Gold sales

    I've been trading the markets for years and I started buying gold at the time he was selling it. It was obvious there was a gold boom on the way. Most people in the markets couldn't believe Britain was selling its gold at the bottom of the market like a mug punter.

    I also heard Gordon Brown a few months ago saying he had no idea the banks were going to collapse due to the "sub-prime loans" fiasco in the US. Really? Well he should have asked me. I knew all about it at least a year before it happened, thanks to the Bob Chapman newsletter.

    So either Gordon Brown is the village idiot or there's a conspiracy. Probably a bit of both.
    Peter

  5. Link to Post #5
    England Avalon Member K626's Avatar
    Join Date
    19th March 2010
    Location
    London
    Posts
    1,372
    Thanks
    2,379
    Thanked 3,039 times in 812 posts

    Default Re: Gordon Brown & UK Gold sales

    Never under any circumstances sell gold.
    In all ages, in all lands, there have been those who seek truth. This seeking is an individual's search for something more than self, and much more than the confines of this worldly system. It is the seeker, who understands there is more than what meets the eye, who is not afraid and makes the choice to go into the unknown. The process of awaking has begun, the discovery is underway.
    Alan Watt

  6. Link to Post #6
    Avalon Member viking's Avatar
    Join Date
    16th March 2010
    Posts
    3,174
    Thanks
    3,453
    Thanked 10,631 times in 1,704 posts

    Default Re: Gordon Brown & UK Gold sales

    I really am amazed that we put up with this!!!!

    If you had an employee working for you and he sold some of your product at the lowest possible price...without any type of interaction with you...What would you do... ??

    Simple isn't it.. sack him....!! And he's still running the show... WAKE UP PEOPLE!!!!!!!!! We pay his wages!!

    viking
    Last edited by viking; 26th March 2010 at 12:43.
    http://projectavalon.net/forum4/show...are-the-change

    'Man has been trained to believe that which he is told- whether it is truth or a lie, to the point now that man is simply victim of the lies. May light come forth that you may recover your pathway to truth'

    "Only at the close of the present major cycle the whole world will join together in the sweetest hymn ever sung upon Earth: a divine anthem of international co-operation, global goodwill and united spiritual purpose"

+ Reply to Thread

Similar Threads

  1. The Vatican opens its Secret Archives to dispel Dan Brown myths
    By Grizzom in forum Conspiracy Research
    Replies: 16
    Last Post: 5th November 2013, 13:55
  2. Get that gold fringe off my flag!
    By Grizzom in forum Conspiracy Research
    Replies: 4
    Last Post: 25th July 2010, 05:30
  3. J&J sales plunge as new drug recall announced
    By MargueriteBee in forum News and Updates
    Replies: 0
    Last Post: 9th July 2010, 00:40
  4. Is Gordon Brown A Paedophile?
    By EYES WIDE OPEN in forum General Discussion
    Replies: 9
    Last Post: 12th May 2010, 01:18
  5. Silver and gold price suppression
    By mgray in forum News and Updates
    Replies: 1
    Last Post: 31st March 2010, 11:04

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts