Here come the institutional players into gold
Source: http://feedproxy.google.com/~r/YourFinancialFuture/~3/OAkpVGlGKF8/Posted on Wednesday, June 3rd, 2009 | In Gold Markets, Market Commentary
Northwestern Mutual Makes First Gold Buy in 152 Years
By Andrew Frye
June 1 (Bloomberg) #8212; Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer by 2008 sales, has bought gold for the first time the company’s 152-year history to hedge against further asset declines.
“Gold just seems to make sense; it’s a store of value,” Chief [...]div class=”feedflare”
a href=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=OAkpVGlGKF8:xIaVkvNqt88:yIl2AUoC8zA”img src=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?d=yIl2AUoC8zA” border=”0″/img/a a href=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=OAkpVGlGKF8:xIaVkvNqt88:F7zBnMyn0Lo”img src=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?i=OAkpVGlGKF8:xIaVkvNqt88:F7zBnMyn0Lo” border=”0″/img/a a href=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=OAkpVGlGKF8:xIaVkvNqt88:7Q72WNTAKBA”img src=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?d=7Q72WNTAKBA” border=”0″/img/a a href=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=OAkpVGlGKF8:xIaVkvNqt88:V_sGLiPBpWU”img src=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?i=OAkpVGlGKF8:xIaVkvNqt88:V_sGLiPBpWU” border=”0″/img/a a href=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=OAkpVGlGKF8:xIaVkvNqt88:qj6IDK7rITs”img src=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?d=qj6IDK7rITs” border=”0″/img/a a href=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=OAkpVGlGKF8:xIaVkvNqt88:l6gmwiTKsz0″img src=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?d=l6gmwiTKsz0″ border=”0″/img/a a href=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=OAkpVGlGKF8:xIaVkvNqt88:gIN9vFwOqvQ”img src=”http://feeds2.feedburner.com/~ff/YourFinancialFuture?i=OAkpVGlGKF8:xIaVkvNqt88:gIN9vFwOqvQ” border=”0″/img/a
/div
Last 5 posts by Alex Stanczyk
- Sprott: US Gov Dead Man Walking - October 21st, 2009
- Bank of England Governer: Regulation can not stop bank failures - October 21st, 2009
- Dollar Dead-Pool - October 15th, 2009
- Barclays: Gold can go to $1500 - October 7th, 2009
- Gold passes $1040 – Silver Passes $17 - October 7th, 2009
Alex Stanczyk, Gold Markets, http, life insurer;, Market Commentary, Northwestern Mutual Life Insurance Co.;, Northwestern Mutual;, United States
 About Alex Stanczyk (http://rapidtrends.com/blog)
Alex Stanczyk is the editor of Your Financial Future. Mr. Stanczyk has launched numerous businesses, acted as the CEO of a Publicly Traded US Company, and brings over 21 years of business experience to YFF. He has authored numerous articles, mentored hundreds in personal finance and wealth building, and spends at least 4 hours each day studying the global markets, drawing insight and conclusions from the flows of global commerce. As an Affiliate of Anglo Far East Bullion Company, Mr. Stanczyk specializes in teaching foundational principles of money, the gold market, and why gold has been a storehouse for wealth for thousands of years. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.