{"id":339,"date":"2011-03-24T09:10:29","date_gmt":"2011-03-24T09:10:29","guid":{"rendered":"http:\/\/www.thebizsense.com\/views\/?p=339"},"modified":"2011-10-04T14:23:26","modified_gmt":"2011-10-04T14:23:26","slug":"gold-isnt-money-say-dutch-judges","status":"publish","type":"post","link":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges","title":{"rendered":"Gold Isnt Money, Say Dutch Judges"},"content":{"rendered":"

Gold Isn\u2019t Money, Say Dutch Judges<\/strong><\/p>\n

\"Gold<\/a>

Gold Deposits<\/p><\/div>\n

Gold\u2019s fan club is rightly outraged by the report that the Dutch glassworkers\u2019 pension fund has been forced by court order to sell most of its highly profitable investments in the yellow metal, for which it had a 13 per cent allocation, and put the proceeds into government bonds.Apparently the Netherlands\u2019 central bank applied for the order on the grounds that the metal is not \u201cmoney\u201d (a permitted asset for such funds) but a \u201ccommodity\u201d (not allowed). Investing in it was \u201cinconsistent with the interests\u201d of the fund\u2019s members.<\/p>\n

It\u2019s curious how central banks, whose reputation for defending sound-money principles has been eroded dangerously in recent years, can\u2019t agree about gold \u2013 which incidentally is still legal tender in the UK<\/a>, Australia and South Africa<\/a>.<\/p>\n

In Switzerland, although gold is no longer legal tender, the central bank treats it the same way as currency reserve assets such as dollar deposits. Its holdings have been such good investments that revaluation profits have more than offset recent disastrous losses in what I would consider to have been currency speculation.<\/p>\n

CopyRight \u2013 OnTarget 2011 by Martin Spring<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold Isn\u2019t Money, Say Dutch Judges Gold\u2019s fan club is rightly outraged by the report that the Dutch glassworkers\u2019 pension fund has been forced by court order to sell most of its highly profitable investments in the yellow metal, for which it had a 13 per cent allocation, and put the proceeds into government bonds.<\/p>\n","protected":false},"author":1,"featured_media":340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"amazonpipp_noncename":"","amazon-product-isactive":"","amazon-product-single-asin":"","amazon-product-content-location":"","amazon-product-content-hook-override":"2","amazon-product-excerpt-hook-override":"3","amazon-product-singular-only":"","amazon-product-amazon-desc":"","amazon-product-show-gallery":"","amazon-product-show-features":"","amazon-product-newwindow":"2","amazon-product-show-list-price":"","amazon-product-show-used-price":"","amazon-product-show-saved-amt":"","amazon-product-timestamp":"","amazon-product-new-title":"","amazon-product-use-cartURL":"","amazon_featured_post_meta_key":"","_amazon_featured_alt":"","amazon-product-template":"","footnotes":""},"categories":[8,9],"tags":[92,94,4,96,93,95],"class_list":["post-339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-news","tag-dutch","tag-glassworkers","tag-gold","tag-government-bonds","tag-judge","tag-pension-fund","has_thumb"],"yoast_head":"Gold Isnt Money, Say Dutch Judges - TheBizSense Views<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Isnt Money, Say Dutch Judges - TheBizSense Views\" \/>\n<meta property=\"og:description\" content=\"Gold Isn\u2019t Money, Say Dutch Judges Gold\u2019s fan club is rightly outraged by the report that the Dutch glassworkers\u2019 pension fund has been forced by court order to sell most of its highly profitable investments in the yellow metal, for which it had a 13 per cent allocation, and put the proceeds into government bonds.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges\" \/>\n<meta property=\"og:site_name\" content=\"TheBizSense Views\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/TheBizSense\" \/>\n<meta property=\"article:published_time\" content=\"2011-03-24T09:10:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2011-10-04T14:23:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.thebizsense.com\/views\/files\/2011\/03\/gold-deposits.448.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"448\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"bizadmin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"bizadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges\"},\"author\":{\"name\":\"bizadmin\",\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/#\\\/schema\\\/person\\\/0e38449a7d67f896737e4431da086713\"},\"headline\":\"Gold Isnt Money, Say Dutch Judges\",\"datePublished\":\"2011-03-24T09:10:29+00:00\",\"dateModified\":\"2011-10-04T14:23:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges\"},\"wordCount\":208,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/files\\\/2011\\\/03\\\/gold-deposits.448.jpg\",\"keywords\":[\"Dutch\",\"glassworkers\",\"Gold\",\"government bonds\",\"Judge\",\"pension fund\"],\"articleSection\":[\"Featured\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges\",\"url\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges\",\"name\":\"Gold Isnt Money, Say Dutch Judges - TheBizSense Views\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/files\\\/2011\\\/03\\\/gold-deposits.448.jpg\",\"datePublished\":\"2011-03-24T09:10:29+00:00\",\"dateModified\":\"2011-10-04T14:23:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/#\\\/schema\\\/person\\\/0e38449a7d67f896737e4431da086713\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/featured\\\/gold-isnt-money-say-dutch-judges#primaryimage\",\"url\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/files\\\/2011\\\/03\\\/gold-deposits.448.jpg\",\"contentUrl\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/files\\\/2011\\\/03\\\/gold-deposits.448.jpg\",\"width\":\"448\",\"height\":\"200\",\"caption\":\"Gold Deposits\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/#website\",\"url\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/\",\"name\":\"TheBizSense Views\",\"description\":\"Business Viewpoints and Forecasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/#\\\/schema\\\/person\\\/0e38449a7d67f896737e4431da086713\",\"name\":\"bizadmin\",\"url\":\"https:\\\/\\\/www.thebizsense.com\\\/views\\\/author\\\/bizadmin\"}]}<\/script>","yoast_head_json":{"title":"Gold Isnt Money, Say Dutch Judges - TheBizSense Views","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges","og_locale":"en_US","og_type":"article","og_title":"Gold Isnt Money, Say Dutch Judges - TheBizSense Views","og_description":"Gold Isn\u2019t Money, Say Dutch Judges Gold\u2019s fan club is rightly outraged by the report that the Dutch glassworkers\u2019 pension fund has been forced by court order to sell most of its highly profitable investments in the yellow metal, for which it had a 13 per cent allocation, and put the proceeds into government bonds.","og_url":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges","og_site_name":"TheBizSense Views","article_publisher":"http:\/\/www.facebook.com\/TheBizSense","article_published_time":"2011-03-24T09:10:29+00:00","article_modified_time":"2011-10-04T14:23:26+00:00","og_image":[{"width":448,"height":200,"url":"https:\/\/www.thebizsense.com\/views\/files\/2011\/03\/gold-deposits.448.jpg","type":"image\/jpeg"}],"author":"bizadmin","twitter_misc":{"Written by":"bizadmin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges#article","isPartOf":{"@id":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges"},"author":{"name":"bizadmin","@id":"https:\/\/www.thebizsense.com\/views\/#\/schema\/person\/0e38449a7d67f896737e4431da086713"},"headline":"Gold Isnt Money, Say Dutch Judges","datePublished":"2011-03-24T09:10:29+00:00","dateModified":"2011-10-04T14:23:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges"},"wordCount":208,"commentCount":0,"image":{"@id":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges#primaryimage"},"thumbnailUrl":"https:\/\/www.thebizsense.com\/views\/files\/2011\/03\/gold-deposits.448.jpg","keywords":["Dutch","glassworkers","Gold","government bonds","Judge","pension fund"],"articleSection":["Featured","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges","url":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges","name":"Gold Isnt Money, Say Dutch Judges - TheBizSense Views","isPartOf":{"@id":"https:\/\/www.thebizsense.com\/views\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges#primaryimage"},"image":{"@id":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges#primaryimage"},"thumbnailUrl":"https:\/\/www.thebizsense.com\/views\/files\/2011\/03\/gold-deposits.448.jpg","datePublished":"2011-03-24T09:10:29+00:00","dateModified":"2011-10-04T14:23:26+00:00","author":{"@id":"https:\/\/www.thebizsense.com\/views\/#\/schema\/person\/0e38449a7d67f896737e4431da086713"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.thebizsense.com\/views\/featured\/gold-isnt-money-say-dutch-judges#primaryimage","url":"https:\/\/www.thebizsense.com\/views\/files\/2011\/03\/gold-deposits.448.jpg","contentUrl":"https:\/\/www.thebizsense.com\/views\/files\/2011\/03\/gold-deposits.448.jpg","width":"448","height":"200","caption":"Gold Deposits"},{"@type":"WebSite","@id":"https:\/\/www.thebizsense.com\/views\/#website","url":"https:\/\/www.thebizsense.com\/views\/","name":"TheBizSense Views","description":"Business Viewpoints and Forecasting","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.thebizsense.com\/views\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.thebizsense.com\/views\/#\/schema\/person\/0e38449a7d67f896737e4431da086713","name":"bizadmin","url":"https:\/\/www.thebizsense.com\/views\/author\/bizadmin"}]}},"_links":{"self":[{"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/posts\/339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/comments?post=339"}],"version-history":[{"count":4,"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/posts\/339\/revisions"}],"predecessor-version":[{"id":366,"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/posts\/339\/revisions\/366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/media\/340"}],"wp:attachment":[{"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/media?parent=339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/categories?post=339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thebizsense.com\/views\/wp-json\/wp\/v2\/tags?post=339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}