Gold hits historical high, thanks Gordon!

[-:Undertaker:-]

http://www.google.com/hostednews/ap/...27d0b7170269ac

Gold has now hit another historical high of over $1,800 an ounce

NEW YORK (AP) — The price of gold hit its latest record high, near $1,830 an ounce, as investors spooked by the prospect of a return to recession sought out safety Thursday in the precious metal.

Gold prices have more than doubled since the recession began in late 2007. They've risen about 19 percent since the beginning of June, as European leaders struggled to keep the debt crisis from infecting the region's major economies and U.S. politicians nearly drove the country to the brink of default, prompting Standard & Poor's to cut the country's AAA credit rating.

Morgan Stanley on Thursday cut its forecast for global economic growth for this year and 2012, saying the U.S. and the 17 countries that use the euro were "hovering dangerously close to a recession."

'Economic genius' Gordon Brown, sold the bulk of our gold a few years back for $200-$300 an ounce

So gold settles at $1,822 an ounce...and how much did Brown sell our reserves for?

So er.. where are Brown's defenders on here now?

A monkey with half its head missing could have done a better job than him, is not just the fact that he's sold it and its gone up high - as Farage says in the video to Brown, its the fact that he announced in advance how much he was going to sell and what day he was going to sell causing the price to go even lower than the low gold was on at the time.

Thoughts?

[Sharon]

oh just saying here my aunties millionaire friend had like 10 real gold coins like pure real gold stored at the bank (nat west) and they've actually gone and lost it like wth how did they do that? it was locked up in a safe and **** worth something like £24000? plus they payed something like £8000 insurance so yeah they need a lot of compensation!

[jam666]

There is no defence as thou can't defend the indefendable. Shame on you Gordon, shame on you.