Buuya! Gold at GBP1000.15!!!

Discussion in 'Gold' started by Ag-ness, Jul 18, 2011.

  1. Ag-ness

    Ag-ness Member

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    Look at it gooooo!
     
    Ag-ness, Jul 18, 2011
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  2. Ag-ness

    Ag-ness Member

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    Has it been up that high before? If it has, it mustve been a while...
     
    Ag-ness, Jul 18, 2011
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  3. projack

    projack Well-Known Member Silver Stacker

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    Not since Gordon Brown sold few hundred tons and cleaned up half of Britains gold for 150 GBP
     
    projack, Jul 18, 2011
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  4. RhythmDoctor

    RhythmDoctor Active Member

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    ^ Too right Projack - the moment he sold off the reserves, I got VERY tempted to sell my UK holding too. Kinda glad I've held now - going to be watching it for the next few months rather closely...
     
    RhythmDoctor, Jul 19, 2011
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  5. Midnight Man

    Midnight Man Member Silver Stacker

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    Which only goes to prove one thing. Even those who we think "are in the know" (and give us the temptation to follow their lead) can get it horribly horribly wrong :)
     
    Midnight Man, Jul 19, 2011
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  6. projack

    projack Well-Known Member Silver Stacker

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    Gordon Brown was told at time what he is doing very stupid, but he did not listen and even announced the sell publicly in advance to let the investment banks to front run his sales on COMEX. This announcement was like major shareholders letting everyone know in advance they will sell their stakes in a certain company because it is a bad investment. Gordon Brown is personally responsible for gold price to bottom in 1999.
    This is where 'Brown's Bottom' expression comes from.
     
    projack, Jul 19, 2011
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