About: Sale of UK gold reserves, 1999

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The sale of UK gold reserves was a policy pursued by HM Treasury over the period between 1999 and 2002, when gold prices were at their lowest in 20 years, following an extended bear market. The period itself has been dubbed by some commentators as the Brown Bottom or Brown's Bottom.

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rdfs:label	Sale of UK gold reserves, 1999–2002 (en)
rdfs:comment	The sale of UK gold reserves was a policy pursued by HM Treasury over the period between 1999 and 2002, when gold prices were at their lowest in 20 years, following an extended bear market. The period itself has been dubbed by some commentators as the Brown Bottom or Brown's Bottom. (en)
foaf:depiction
dcterms:subject	1999 in economics Financial scandals Gordon Brown Economic history of the United Kingdom Political scandals in the United Kingdom Economic policy in Europe 2000s in the United Kingdom 1999 in the United Kingdom 2000s economic history Monetary policy Gold investments Gold in the United Kingdom 1999 scandals
Wikipage page ID	24950196 (xsd:integer)
Wikipage revision ID	1112662251 (xsd:integer)
Link from a Wikipage to another Wikipage	Prime Minister of the United Kingdom Quentin Letts Bear market 1999 in economics Financial scandals Gordon Brown Gold Gordon Brown The Sunday Times Economic history of the United Kingdom Political scandals in the United Kingdom Bank of England Economic policy in Europe Troy ounce UK US$ 2000s in the United Kingdom Euro European Central Bank Gold as an investment Gold reserves of the United Kingdom 1999 in the United Kingdom 2000s economic history HM Treasury The Daily Telegraph Monetary policy Chancellor of the Exchequer Gold investments Black Wednesday Gold in the United Kingdom 1999 scandals Gold reserves Volatility (finance) Washington Agreement on Gold European Exchange Rate Mechanism Short selling Foreign currency
sameAs	Sale of UK gold reserves, 1999–2002 Sale of UK gold reserves, 1999–2002 Sale of UK gold reserves, 1999–2002
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has abstract	The sale of UK gold reserves was a policy pursued by HM Treasury over the period between 1999 and 2002, when gold prices were at their lowest in 20 years, following an extended bear market. The period itself has been dubbed by some commentators as the Brown Bottom or Brown's Bottom. The period takes its name from Gordon Brown, the then UK Chancellor of the Exchequer (who later became Prime Minister), who decided to sell approximately half of the UK's gold reserves in a series of auctions. At the time, the UK's gold reserves were worth about US$6.5 billion, accounting for about half of the UK's US$13 billion foreign currency net reserves. There are various later estimates of the cost of that the decision to British taxpayers, for example £2 billion (The Sunday Times, 2007) and £7 billion (The Daily Telegraph, 2010). (en)
gold:hypernym	Policy
prov:wasDerivedFrom	wikipedia-en:Sale_of_UK_gold_reserves,_1999–2002?oldid=1112662251&ns=0
page length (characters) of wiki page	8308 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Sale_of_UK_gold_reserves,_1999–2002
is Link from a Wikipage to another Wikipage of	Gordon Brown Brown bottom 2000s Auction Black Wednesday Chancellorship of Gordon Brown List of things named after prime ministers of the United Kingdom Brown's Bottom Brown's bottom Brown Bottom Sale of UK gold reserves, 1999-2002
is Wikipage redirect of	Brown bottom Brown's Bottom Brown's bottom Brown Bottom Sale of UK gold reserves, 1999-2002

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