Per KItco News on 1 Apr. PRLog press release claims that Pension Funds worldwide hold pension assets of $31 TRILLION with only .3% in gold [93.3 billion]. It suggests they could be looking to gold, needing more safe investments. Even if the Pension Funds only doubled their exposure to .6% they would impact by 93.3 billion on the Gold Mining industry which they say, worldwide, is only worth around $234 billion. This indicates a gold price of $5000/oz or more per PRLog
SLR Price at posting:
$2.12 Sentiment: Buy Disclosure: Held