![]() | This article is rated Start-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||
|
![]() | This article was created or improved during the " The 20,000 Challenge: UK and Ireland", which started on 20 August 2016 and is still open. You can help! | ![]() |
The figure for 1940 seems to be an order of magnitude bigger than the numbers before and after, but the 1945 figure is shown as an increase over 1940. Does someone have the correct figure? — Preceding unsigned comment added by I Hate Banner adds ( talk • contribs) 16:56, 24 August 2017 (UTC)
Between 1970-71 the Bank of England sold nearly half of our gold reserves. Just like the Brown sell-off it was sold at a historic low of about $42.5/oz in October 1971. Only a year later it was worth $65/oz.
As Catherine R. Schenk says in her book about the global gold market: “Picking the right time for portfolio changes is clearly challenging”
A gold-plated understatement if we've ever heard one. [Citation for above text needed from Daily Mirror 1 MAY 2015]
![]() | This article is rated Start-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||
|
![]() | This article was created or improved during the " The 20,000 Challenge: UK and Ireland", which started on 20 August 2016 and is still open. You can help! | ![]() |
The figure for 1940 seems to be an order of magnitude bigger than the numbers before and after, but the 1945 figure is shown as an increase over 1940. Does someone have the correct figure? — Preceding unsigned comment added by I Hate Banner adds ( talk • contribs) 16:56, 24 August 2017 (UTC)
Between 1970-71 the Bank of England sold nearly half of our gold reserves. Just like the Brown sell-off it was sold at a historic low of about $42.5/oz in October 1971. Only a year later it was worth $65/oz.
As Catherine R. Schenk says in her book about the global gold market: “Picking the right time for portfolio changes is clearly challenging”
A gold-plated understatement if we've ever heard one. [Citation for above text needed from Daily Mirror 1 MAY 2015]