-
-
Vanguard Short Term Bond ETF AddedToday the Vanguard Short Term Bond ETF (BSV) was...
- June 17, 2021
-
Blackrock Resources & Commodities Fund ReducedOn June 11th, the allocation to the Blackrock Commodity...
- June 14, 2021
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Bill Ackman Thinks Diversification is for the Lazy
Bill Ackman made a speech at the Active/Passive Investor...
- March 4, 2010
Steven Leuthold is Buying Gold
The Wall Street Journal via Commodity Trade Alert reports that several mutual funds have begun buying gold to protect their investors from a currency devaluation.
Amongst these new gold bulls is Steve Leuthold. “I didn’t own gold before, but when I heard Washington talking about a new economic stimulus, I changed my mind,” said the head of Leuthold Core Investment fund, which began buying bullion three months ago. Gold now makes up 2% of the $1.4 billion in the wide-ranging fund, whose positions include airline, bank and tech stocks. “This is insurance in case the house burns down.”
Source:
Commodity Trade Alert
***
Related Posts