Rune Østgård on Nostr: Scandal The Norwegian Government Pension Fund Global is the largest sovereign wealth ...
Scandal
The Norwegian Government Pension Fund Global is the largest sovereign wealth fund in the world.
It has more than 500 employees and invests in real estate and securities outside Norway.
Since its inception in 1998, the oil fund has lost 4 x the 2024 Norwegian state budget when we compare with the gold price as bench mark, which should be a bear case scenario.
The fund isn't allowed to invest in gold or Bitcoin.
I and a friend will release an article about this in Norwegian newspapers this week.
We might translate it into English and see if we can have it printed somewhere else.
Published at
2024-09-24 04:58:32Event JSON
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"content": "Scandal\n\nThe Norwegian Government Pension Fund Global is the largest sovereign wealth fund in the world.\n\nIt has more than 500 employees and invests in real estate and securities outside Norway.\n\nSince its inception in 1998, the oil fund has lost 4 x the 2024 Norwegian state budget when we compare with the gold price as bench mark, which should be a bear case scenario.\n\nThe fund isn't allowed to invest in gold or Bitcoin.\n\nI and a friend will release an article about this in Norwegian newspapers this week.\n\nWe might translate it into English and see if we can have it printed somewhere else.\n\n",
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