@go-tazz wrote:

Remember the Gold sell off at the bargain price of around US$330 into a buyers market.

 

http://www.theaustralian.com.au/news/nation/reserve-banks-gold-sale-cost-us-5bn/story-e6frg6nf-12259...


i had forgotten that one,

 

one of mr costellos poorer decisions i suspect.

 

"The decision to sell the reserves was approved by then RBA governor Ian Macfarlane and then treasurer Peter Costello."