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FT.com / Comment & analysis / Editorial comment - Buying into gold
"At the 1996 Games, as the UK?s lottery machinery was just getting going, the UK won a single gold medal. Team GB finished in 36th place, between Belarus and Ethiopia. Halfway through
the 2008 games, the UK has already achieved its biggest haul of gold medals since 1920. It is in third place and, most importantly for UK fans, it is above Australia. The difference between the UK and the second-placed US team to date is 10 gold medals (or, measured in Olympian units, a little over one
Michael Phelps)."