Central Bank orders pension fund to sell its gold!

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Central Bank orders pension fund to sell its gold!

Postby argent_pur » Sat Feb 12, 2011 4:30 pm

"Capitalism is the unequal distribution of wealth...Socialism is the equal distribution of poverty."

-Don't know who said it, but it's awesome;)
argent_pur
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Re: Central Bank orders pension fund to sell its gold!

Postby argent_pur » Sun Feb 13, 2011 6:42 pm

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...
"Capitalism is the unequal distribution of wealth...Socialism is the equal distribution of poverty."

-Don't know who said it, but it's awesome;)
argent_pur
Penny Collector Member
 
Posts: 439
Joined: Sat Jun 26, 2010 10:00 am
Location: NW Illinois


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