Sweden's central bank prefers ignorance

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Sweden’s central bank hasn’t carried out any physical checks of its gold reserves deposited with central banks abroad and relies on the respective authorities to do so, Dagens Industri reported, citing the Riksbank.

Central banks internationally, from Ireland to Germany and now in Sweden, are being forced to answer legitimate questions about their gold reserves by concerned citizens.

Swedish gold reserves are 126 metric tonnes and are valued at almost 45 billion Swedish krone.

The Riksbank confirmed that the majority of Swedish gold reserves are located abroad.
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https://www.goldcore.com/goldcore_b...st-hedge-fund-converting-assets-physical-gold

Does this satisfy you mike? :rotflmbo:

This doesn't surprise me at all. Swedes worship the government and trust all government "officials" and related institutes. So if Ben, or whoever has their gold, says it's safe, they don't question anything. Meanwhile, as other countries are bringing home the gold, Sweden is increasing its dollar reserves. Also, the naive, 70%-tax-slave Swedes dream of a cashless society, so it's no wonder they have no concern for real money.

70% ?!?!?!?!?

How the hell can you survive on just 30% of your gross pay?? That's CRAZY!

What the hell do they do with their 70% cut of your hard earned pay??

I've got a good swede friend on G+ (another scientist). I'll ask him about all this next time I see him and get the word from the horse's mouth.

They give it to everyone on welfare and pay for the enormous government. My ex-wife has been on welfare since forever, and they give her enough to afford the most expensive apartment in the neighborhood, while I can barely afford a 2 room apartment.

Here's an article you can put in google translate:
http://www.svd.se/naringsliv/nyheter/sverige/skatt-ar-svenskens-storsta-utgift_7589034.svd

"En person med 25 000 kronor i lön bidrar med hela 17 200 kronor i skatt per månad har"

A person with a 25K salary pays 17,200 in taxes per month. That's including sales tax, which is a whopping 25%, and other "fees".

DCFusor said:

I've got a good swede friend on G+ (another scientist). I'll ask him about all this next time I see him and get the word from the horse's mouth.

Click to expand...

Dude, this is the horse speaking. I've been living in Sweden for over a decade :doodoo: