๐ก 25 years ago, Chancellor Gordon Brown sold the UKโs gold reserves. He offloaded 395 tonnes at an average price of around $275 per Troy ounce, generating around $3.5 billion.
It was a terrible financial move. That gold would now be worth almost $43 billion.
Unfortunately, Chancellor Rachel Reeves is now thinking of selling the UKโs reserves of seized bitcoins, which would net the country around $6.7 billion. I think we know how this story ends.