30.05.2012 - Japanese pension fund buys gold
A Japanese pension fund, Okayama Metal & Machinery, is going to place 1.5% of its total assets ($500 million) in gold bullion-backed exchange-traded funds (ETFs). According to Michael Lombardi, lead contributor to Profit Confidential, this is the first time the fund has bought gold bullion in its history...............................................Full Article: Source
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