What a mockery of markets where one is supposedly free to invest what you want where you want all at your own risk. Yet at the same time hedge funds are allowed to invest what they want where they want, leveraged to insanely high levels with no scrutiny whatsoever. How does the HFs' "rational" behaviour benefit the well-being and stability of markets, government balance sheets and individuals' financial welfare when such practices gave birth to world-changing events as the great crash of 2008.... while owning too much of a gold on a personal level (via group pension plans) requires the government to judge your Plan unsound?What's next? Limits on how much of a percentage of one's personal PF (eg. RRSP equivalent) you are legally allowed to invest in PM products... with mandated legally obligatory "stop gains" imposed when PMs exceed 10% of your PF?

As an aside I'll have you know that one of the Canadian Federal Superannuation Funds for civil servants has assets invested worth $28 Billion yet at the same time holds nearly the same amount in derivative bets. Where is our watchdog? None of the other major Pensions such as OMERS own nowhere near that much derivative risk so why are we exposed to so much garbage? The answer lies with Sinclair who has often written, "Pension funds are stuffed with this (derivatives) cr*p and Fund Managers (acting on behalf of banksters) have bought their way in to manage one of many garbage dumps." Point is Governments only give a hoot when the Banksters are in trouble and the heck with everyone else. Small wonder riots are unfolding throughout the globe.