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House Price Crash Forum

Brown's Bottom


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HOLA441

http://www.thisismoney.co.uk/investing/tip...n_page_id=53934

Interesting turn of phrase I hadn't heard before (otherwise, absolutely unforgivable):

Rather unfortunately, back at the turn of the century, Gordon Brown, when he was Chancellor, disposed of half the UK's reserves when the price of bullion was at a severe low. The move was later, unflatteringly dubbed 'Brown's Bottom', amongst dealers.

Sox

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