Brown’s Bottom: Gordon Brown sold half of Britain’s gold reserves at the bottom of the gold market.
People will say that Gordon Brown was just a terrible investor/market timer, but that gold was bought by the elite at rock-bottom prices, so Gordon Brown (like Barack Obama) is the perfect puppet of the elite.
Nov. 2 (Bloomberg) — Central banks will become global net buyers of gold, the World Gold Council’s chief executive officer said today at a conference in Edinburgh.
“I believe that central banks will be net buyers over time,” Aram Shishmanian told the conference.
Last Updated: November 2, 2009 06:44 EST
By Nicholas Larkin