Saturday, October 8, 2011

Dutch Secretary of the Treasury answers questions about whereabouts of the Central Banks gold

http://www.vrijspreker.nl/wp/2011/10/dutch-secretary-of-the-treasure-answers-questions-about-whereabouts-of-the-central-banks-gold/
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What is in your opinion the present function of the gold stock? 

DNB’s physical gold holdings function as the ultimate reserve and anchor of trust in times of financial crisis. Further, gold is being held for diversification reasons.
I guess the Dutch Secretary of Treasury doesn't agree with Fed Chairman Bernanke's opinion that gold is merely a "tradition."

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