informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Jan 15 2013, 10:04 AM Category: Economy Source: Bloomberg Print

Gold Lures Japan’s Pension Funds as New PM Targets Inflation

By Aya Takada & Yasumasa Song - Jan 8, 2013 4:03 AM ET

Japanese pension funds, the world’s second-largest pool of retirement assets after the U.S., will more than double their gold holdings in the next two years as the new government pushes for a higher inflation target, according to an adviser to the funds.

Assets held by Japanese pension funds in gold-backed exchange-traded products may expand to 100 billion yen ($1.1 billion) by 2015 from less than 45 billion yen at present, said Itsuo Toshima, who represented the Tokyo office of World Gold Council for 23 years through 2011.

New Prime Minister Shinzo Abe’s pledge to spur inflation to 2 percent and end the yen’s appreciation means Japanese pension funds now have to hedge against rising prices and a currency decline after two decades of stagnation. They’re set to jump into gold after 12 straight years of gains with the precious metal now 14 percent below its all-time high reached 2011. Gold priced in yen reached a record a week ago.

Full Article »





Latest Economy
- Obamacare Program Costs $50,000 For Every American Who Gets Health Insurance
- Radical Leftists Win Election In Greece - Future Of Eurozone In Serious Jeopardy
- Are Falling Prices a Bad Thing?
- London Mayor to Pay 'Six-Figure' American Tax Bill
- Peter Schiff: Swiss Surrender Wins Currency War
- What In The World Just Happened In Switzerland?
- Puerto Rico Dumps Traffic Cameras, Orders Refunds
- There's No Such Thing as an Unregulated Market









No Comments Posted Add Comment


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

One in Three Americans Believe Police 'Routinely Lie': Survey - 01/17Video: Americans Want Obama to Repeal the Bill of Rights - 01/26Games Road Pirates Play - 01/26Police Want To Ban the Popular Cop-Tracking GPS App, WAZE - 01/26Man Attacked by Two Police Officers While Standing in Hallway - 01/26Man Faces Jail After Not Paying Child Support For a Child He's Proven is Not His - 01/26Handcuffs, Leg Shackles and Tasers: The New Face of Punishment in the Public Schools - 01/27The TSA Wants To Read Your Facebook Posts And Check Out Your Purchases Before It Will Approve You For PreCheck - 01/26

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top