Public Pension Assets Increase More Than $257 Billion

Public Pension Assets Increase More Than $257 Billion for State and Local Public-Employee Retirement Systems in 2010

All American Investor

The nation’s state and local public-employee retirement systems had $2.7 trillion in total cash and investment holdings in 2010, a $257.2 billion or 10.6 percent increase from $2.4 trillion in 2009, according to new statistics from the U.S. Census Bureau.

This follows a $722.2 billion loss the previous year.

These statistics come from the 2010 Annual Survey of Public-Employee Retirement Systems, which provides an annual look at the financial activity and membership information of the nation’s state and local public-employee retirement systems, including revenues, expenditures, investment holdings, and number of retirement systems and beneficiaries

Cold Fusion and Palladium (Chart)

Every decade or so the topic of cold fusion comes up. When it does you sometimes see Palladium, the commodity, soar. Will 60 Minutes trigger a new bull market in Palladium?

You can trade Palladium futures at the NYMEX.


Palladium, Cash, Monthly Bar Chart, Ten Years

You'll notice that Palladium (cash market)

• Soared up to 1100 during January, 2001.
• After trading below 200 several times during the 2003-2005 period
  
• Palladium soared to 585 during March 2008.
• It is once again languishing down near 200.
• Although. it has recently moved up sharply to the 249 area.
• Perhaps this was in anticipation of the 60 Minutes report on Palladium which aired this evening.
  

60 Minutes Cold Fusion (Video and Text)

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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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Gold Ten Year Chart and Highlights

This is the cash chart for Gold. Each Bar equals one month. Time frame, 1999-2009.

Some Gold Chart facts:

The low in Gold was made during March, 2001 around the 255.00 level.

The high in Gold was made during March, 2008 around the 1,032.00 level.

Every year from 2001 to 2008, Gold made a new high for the move.

Gold plunged for most of 2008 and made its low during October, 2008 around the 682.00 level.

Gold touched 1,000 for the second time February, 2009.

Seasonal demand for Gold is low during the Spring months.

Seasonal demand for Gold is usually very strong in the second half of the year.

We will be issuing a new report soon on the seasonal tendencies for gold. We will also discuss specific supply/demand factors that effect the price of gold.

If you are interested in receiving more information on Gold from All American Investor you can subscribe free via email, RSS, or Twitter.

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In his article, Banks Sitting on $1 Trillion Cash, what abbreviation does Tony Crescenzi literally use?

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