Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Super-rich investors buy gold by ton

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Laura MacInnis
Reuters
Oct 5, 2010

The world’s wealthiest people have responded to economic worries by buying gold by the bar — and sometimes by the ton — and by moving assets out of the financial system, bankers catering to the very rich said on Monday.

Fears of a double-dip downturn have boosted the appetite for physical bullion as well as for mining company shares and exchange-traded funds, UBS executive Josef Stadler told the Reuters Global Private Banking Summit.

“They don’t only buy ETFs or futures; they buy physical gold,” said Stadler, who runs the Swiss bank’s services for clients with assets of at least $50 million to invest.

Full article here

Having A Supply Of Healthy Foods That Last Just Makes Sense (AD)

Super rich investors buy gold by ton 140910banner5

This article was posted: Tuesday, October 5, 2010 at 3:43 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
The Truth About the NYPD Murders See the rest on the Alex Jones YouTube channel.

NYPD Cop Killer Inspired by ISIS? See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.