What happened in shor was the MM had by it self - or possibly partly by speculator help - moved it self to 720, meanwhile the offers on the SEK side were still at 0.002 as they have been for ages, so there was plenty of room for the gold side to go towards 500.

All of a sudden, while I happened to be looking at the market, everything was bought up rapidly, until the gold side was at 1000. Shortly after an offer was posted for +260k SEK at 0.001. I was surprised and soon after the debate started on the forum. Meanwhile speculators, investors and average people jumped on the chance for cheap SEK. When the first offer had sold after a few hours or so a new one was put up at +300k SEK. At this time the official public SEK account of RB started to look stretched. Nonetheless this offer also sold in a few hours. Eventually a third offer was put up. This time at around 1million SEK (might have been 999.999 not sure what the exact limit was). At the same time an offer of the same size was taken off the SEK to DKK market by the bank, indicating this was a stored reserve taken into use. That offer persisted through the entire evening and then seemed to disappear at some point, although at least 500k of it sold, possibly all of it. This morning there was no sign of it either, but there's not stored any money on the danish market anymore at least. The RB official account holds pretty much the same amount of SEK as when the offer was up.

While all this happened Crazy also initiated the vote to transfer anoter 99999 SEK to the RB, a vote which is easily going through now, providing more funding for the RB that can then be sold on the MM.

What I think must be made clear is this: We all know that the admins change conditions in the game all the time. What if some changed are implemented that makes it worth it to have gold more than SEK for new players too? What if a gold price is put on all RM companies? It makes sense since they would sell more gold then... If that happens we now have somewhere between 1 and 1,6 million floating additionally in the market, making it a lot harder to improve the exchange rate.

Edit: Btw is it too much to ask that a decent spreadsheet is kept over government finances? I assume there's some sort of budget and that income and expenses are being monitored and a balance calculated? Even if it's not publicly available, surely any member of congress should be entitled to that information.

I agree.
I can't see any reason for RB to have much gold and certainly not to acquire more gold.
That gold would be better off on the market, where people can buy it and use it in the game.

Not mentioning the fact that when I left office, our gold reserves were large. To say the least. I'm in favor of hoarding gold, sure... but not at the expense of selling out SEK below the market value. That's just a bad deal for everyone involved.

CAN EVERYONE READ THIS, PLEASE!?!

Thank you Valnad!

Edit: I just removed it all, it will make no good for me cursing and pointing fingers. Although I'm curious abut the rationale behind this initiative.

Resonamanget bakom det hela går numera att läsa här:
viewtopic.php?f=7&t=19030