Comment: No people in their right mind wants the state to own the gold.

(See in situ)


No people in their right mind wants the state to own the gold.

One: It is and easy target for theft.

Two: Security costs money.

Adam Smith talked of the "Wealth of Nations". When did the collective become more important than the individual. Never.

If he had written a book about the "Wealth of Individuals." It would have had greater value to everyone.

PS: Why warn the market that they are planning a big purchase. Won't that drive up prices? Not very clever.

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