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Central Bank orders pension fund to sell its gold!

PostPosted: Sat Feb 12, 2011 4:30 pm
by argent_pur

Re: Central Bank orders pension fund to sell its gold!

PostPosted: Sun Feb 13, 2011 6:42 pm
by argent_pur
So, 13% allocation to gold is way too volatile for the glassworkers' pension fund, but a 50+% gold allocation by the Netherlands central gov't foreign reserves is okay??

As others have said about this, it makes me wonder just who is going to buy this gold---maybe a certain Nederlansche gov't that wants even greater gold reserves :roll:

If anybody, the PENSIONERS should get first crack at the gold...