Dutch central bank using remote viewing and remote influecing to manipulate markets

[fromdownunder]

And approx. 5,280,000,000 ounces of gold have been mined over the past few thousand years.

What's your point?

Norm

 

[Puppycow]

Amusing OP. I see what you did there.

http://www.forbes.com/feeds/ap/2011/02/10/business-eu-netherlands-pension-gold_8302680.html

I don't know if you want to have a serious discussion about this article, but the Dutch rules probably require the central bank to oversee the investments of large pension funds so that ordinary people aren't exposed to too much risk. Putting 13% of a pension fund's money into a volatile commodity (which pays no interest or dividends and is currently priced relatively high by historical standards) is indeed a risky investment for a pension fund. I wonder if they will just buy other precious metals instead?

If it were a private hedge fund or the like, they probably wouldn't interfere, but people are counting on this money being there when they retire. The pensioners may yet thank the central bank in the future for this.

 

[Zep]

tritium, tisk tisk

the US mint sold 1.5million ounces of "commemorative" gold coins last year, do the math..

Do the research. Most of those ounces of coins contained little or no gold (it was cupro-nickel and silver). Commemorative coins are hardly the lifeblood of the US economy. In fact, imagine if they produced no more. Those in existence would suddenly increase in value due to rarity!

the Iranians are going to crush this market, its a matter of national security to Israel.. the Nuclear program in Tehran must be stopped

OK, here's your train of thought so far:

1. For some unfathomable reason you can't explain, Iran suddenly alchemises unlimited amounts gold (fom base elements?) in their newly created nuclear reactors.

2. For another unfathomable reason you can't explain, this puts the supply of US commemorative coins in jeopardy.

3. For a third unfathomable reason you can't explain, Israel sees this development as a matter of grave national security.

So what's next...?

4. ???

5. Profit?



That's not even a viable film script.

 

[Shrike]

Why is it that when someone says, "It is widely believed", it usually isn't?

The same way that when something is "blatatently obvious" or "blatatently obvious for somebody with half a brain" it usually also isn't.

And besides, Nout Wellink is, well, not the best person for this job. See dtt's post above.

 

[drewid]

Is the Franklin mint run by Da Joos?

 

[twinstead]

everything is run by Da Joos

 

[ddt]

I don't know if you want to have a serious discussion about this article, but the Dutch rules probably require the central bank to oversee the investments of large pension funds so that ordinary people aren't exposed to too much risk. Putting 13% of a pension fund's money into a volatile commodity (which pays no interest or dividends and is currently priced relatively high by historical standards) is indeed a risky investment for a pension fund. I wonder if they will just buy other precious metals instead?

I don't think the OP wants a serious discussion. But for the rest: yes, there are rules to what pension funds can do. Until the 1980s, Dutch pension funds basically only invested in safe investments like government bonds and real estate. Somewhere in the 1980s the rules were relaxed and they diversified more. Don't ask me for more details though.

 

[HawksFan]

Why is it that when someone says, "It is widely believed", it usually isn't?

I think what he meant to say was "it is widely believed in my mom's basement".