One Eyed Jock Decides Who Lives & Who Dies

This guy cost us a lot of money and should be brought to justice for that alone, his crimes against humanity should be examined closely as well.

⁣Ignoring the Bank of England:
The bear market, combined with the rise of stocks, shares, and major currencies, was a very tempting prospect for Gordon Brown and a way of making the UK’s assets generate more income for the country. On paper, it looked like a fair move, but the advice from the Bank of England was not to sell – especially when large quantities were already being sold from countries including the Netherlands, Australia, and Argentina.
Gold is known as a safe haven asset that has a traditionally negative correlation with the stock markets. It is strange then that Gordon Brown did not appreciate the bull/bear nature of markets and the fluctuations that come part and parcel with trading.
One reason for this oversight and ignoring the guidance of the BoE could be the Special Relationship between the UK and the US; a temptation to please the USA and back the US Dollar and present a united front for geopolitical reasons internationally, and PR reasons domestically.
Nobody blames Brown for not predicting the market crash after the Dot Com Bubble burst but given the benefits of gold as a diversification of assets it’s hard to forgive the then Chancellor for the oversight, and he was warned.
Read more: ⁣https://www.bullionbypost.co.u....k/gold-news/2019/may