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Gold’s role in pension funds under scrutiny

Posted on 14 March 2011

From Ninemsn.com.au: Can you have too much of a good thing? If the thing in question is gold, the answer is “yes”, according to De Nederlandsche Bank, the Dutch central bank. Gold has been in an established bull trend for several years, but the DNB recently went through the courts to order the Dutch glassworkers’ pension fund (SPVG) to sell the vast majority of its 13 per cent allocation to gold.
The glassworkers’ case turned on the distinction between gold as a commodity and as a monetary asset……………………………………….Full Article: Source


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VRS - who has written 36199 posts on Opalesque Commodities Briefing.


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