{"id":108958,"date":"2009-12-28T16:29:00","date_gmt":"2009-12-28T21:29:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/gordon-brown-sold-gold-at-rock-bottom-cost-the-uk-10-billion-2009-12"},"modified":"2009-12-28T16:29:00","modified_gmt":"2009-12-28T21:29:00","slug":"uk-pm-gordon-brown-sold-gold-at-rock-bottom-cost-the-uk-10-billion","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/108958","title":{"rendered":"UK PM Gordon Brown Sold Gold At Rock Bottom, Cost The UK $10 Billion"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4acf71220000000000ecbff8\" border=\"0\" alt=\"gold coins\" \/><\/p>\n<p>UK Conservatives say it was a &ldquo;spectacular display of economic incompetence&rdquo;.<\/p>\n<p>Then Chancellor, Gordon Brown sold 400 tonnes of gold at historically low prices, and cost the country $10 billion.<\/p>\n<p><a href=\"http:\/\/business.timesonline.co.uk\/tol\/business\/industry_sectors\/banking_and_finance\/article6969042.ece\">The TimesOnline UK reports: <\/a><\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/business.timesonline.co.uk\/tol\/business\/industry_sectors\/banking_and_finance\/article6969042.ece\"><\/a>Brown sold the bulk of the Bank of England&rsquo;s gold at an average price of $275 an ounce. Had he sold the metal this year, he would have raised $13.8 billion.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/gordon-brown-sold-gold-at-rock-bottom-cost-the-uk-10-billion-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/paulsons-gold-bet-will-make-him-one-of-the-richest-billionaires-by-2015-2009-12\">If Gold Goes To $5000, John Paulson Could Become The Richest Man In The World<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-gold-23-12-2009\">How China Might Buy More Gold Than America Owns<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/look-what-commodity-has-trounced-gold-this-decade-2009-12\">Look What Commodity Has Trounced Gold This Decade<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/3vU_yRFGgQc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK Conservatives say it was a &ldquo;spectacular display of economic incompetence&rdquo;. Then Chancellor, Gordon Brown sold 400 tonnes of gold at historically low prices, and cost the country $10 billion. The TimesOnline UK reports: Brown sold the bulk of the Bank of England&rsquo;s gold at an average price of $275 an ounce. Had he sold [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-108958","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/108958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=108958"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/108958\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=108958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=108958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=108958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}